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Downtowner Plaza 499 S 2nd St

254,980 SF 67% Leased Retail Building Coshocton, OH 43812 For Sale

Investment Highlights

  • +/-254,980-square-foot shopping center anchored by Tractor Supply Company and Big Lots
  • Significant value-add through lease up of +/-73,904 existing square feet, vacant former Long John Silver’s drive-thru, and new pad developments
  • The property serves as the main commercial hub for the entire Coshocton County and is the largest shopping center within a +/-25-mile radius
  • National and regional tenants account for 74% of the existing tenancy and 72% of the rental income.
  • Sale includes single-tenant Hardee’s and Advance Auto Parts, along with +/-4.00 acres of land for new development
  • Located along Ohio State Route 16 (OH-16) connecting I-77 to Columbus

Executive Summary

Downtowner Plaza is a +/-254,980-rentable-square-foot, multi-building shopping center located at 499 S. 2nd Street in Coshocton Ohio. Constructed in 1968, and renovated in 1991, the center is comprised of one (1) single story inline shopping center building, four (4) single-story inline multitenant retail strip buildings, three (3) single-tenant retail buildings, and approximately four (4.00) acres of vacant land for new development. In total, the entire property is made up of 31 retail units ranging in size from 45,128 to 700 square feet. There are a total of 15 units available for lease, totaling +/- 73,904 rentable square feet. Currently 71% occupied, 34 units are occupied by established national, retail, and local companies, such as Tractor Supply, Big Lots, Rent-A-Center, Advance Auto, Hardee’s, Subway, Interim Healthcare, Edward Jones, H&R Block, and many more.

The site offers ample parking, with +/-1,200 parking spaces at a ratio of +/-4.71 spaces per 1,000 square feet. The property is positioned with approximately 1,000 feet of frontage on the west side of South 2nd Street and about 300 feet of frontage on the south side of Mulberry Street. It is located just a half-mile from the OH-16 interchange; OH-16 is the main corridor connecting Columbus to I-77, which runs from Cleveland, Ohio to Columbia, South Carolina. Lastly, the property is located approximately 63 miles north east of Columbus and 100 miles west of Pittsburgh.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
254,980 SF
Building Class
B
Year Built/Renovated
1968/1991
Percent Leased
67%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.25
Land Acres
23.00 AC
Zoning
C - Shopping Center
Parking
1,200 Spaces (4.71 Spaces per 1,000 SF Leased)
Frontage
953 ft on Vine St

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 105
  • 1,870 SF
  • Retail
  • End Cap
  • Now

Stand Alone retail. Former restaurant. Call owner for rental rate.

  • 135`
  • 900 SF
  • Retail
  • In-Line
  • Dec 2024

Inline, retail. Call owner for rental rate.

  • 255
  • 1,000 SF
  • Retail
  • In-Line
  • Now

Small, inline, retail. Call owner for rental rate.

  • 265
  • 1,550 SF
  • Retail
  • In-Line
  • Now

Call owner for rental rate.

  • 325
  • 1,460-4,380 SF
  • Retail
  • In-Line
  • Now

Call owner for rental rate.

  • 390
  • 26,860 SF
  • Retail
  • In-Line
  • Now

Former supermarket. Call owner for rental rate.

  • 400
  • 1,200 SF
  • Retail
  • In-Line
  • Now

Inline, retail, former tobacco shop. Call owner for rental rate.

  • 400R
  • 2,240 SF
  • Retail
  • -
  • Now

Garage/Storage. Call owner for rental rate.

  • 430
  • 7,700-18,940 SF
  • Retail
  • In-Line
  • Now

Inline retail. Former Dollar General store. Call owner for rental rate.

  • 440
  • 3,640 SF
  • Retail
  • In-Line
  • Now

Inline retail; former sports apparel store. Call owner for rental rate.

  • 470
  • 5,500-11,000 SF
  • Retail
  • In-Line
  • Now

Inline retail; former Telemarketing unit. Call owner for rental rate.

  • 480
  • 3,500-7,000 SF
  • Retail
  • In-Line
  • Now

Inline retail; former Sears store. Call owner for rental rate.

  • 499 S 2nd St.
  • 3,314 SF
  • Retail
  • In-Line
  • Now

Inline retail; former Farmer's Insurance. Call owner for rental rate.

Space Size Space Use Position Available
105 1,870 SF Retail End Cap Now
135` 900 SF Retail In-Line Dec 2024
255 1,000 SF Retail In-Line Now
265 1,550 SF Retail In-Line Now
325 1,460-4,380 SF Retail In-Line Now
390 26,860 SF Retail In-Line Now
400 1,200 SF Retail In-Line Now
400R 2,240 SF Retail - Now
430 7,700-18,940 SF Retail In-Line Now
440 3,640 SF Retail In-Line Now
470 5,500-11,000 SF Retail In-Line Now
480 3,500-7,000 SF Retail In-Line Now
499 S 2nd St. 3,314 SF Retail In-Line Now

105

Size
1,870 SF
Space Use
Retail
Position
End Cap
Available
Now

135`

Size
900 SF
Space Use
Retail
Position
In-Line
Available
Dec 2024

255

Size
1,000 SF
Space Use
Retail
Position
In-Line
Available
Now

265

Size
1,550 SF
Space Use
Retail
Position
In-Line
Available
Now

325

Size
1,460-4,380 SF
Space Use
Retail
Position
In-Line
Available
Now

390

Size
26,860 SF
Space Use
Retail
Position
In-Line
Available
Now

400

Size
1,200 SF
Space Use
Retail
Position
In-Line
Available
Now

400R

Size
2,240 SF
Space Use
Retail
Position
-
Available
Now

430

Size
7,700-18,940 SF
Space Use
Retail
Position
In-Line
Available
Now

440

Size
3,640 SF
Space Use
Retail
Position
In-Line
Available
Now

470

Size
5,500-11,000 SF
Space Use
Retail
Position
In-Line
Available
Now

480

Size
3,500-7,000 SF
Space Use
Retail
Position
In-Line
Available
Now

499 S 2nd St.

Size
3,314 SF
Space Use
Retail
Position
In-Line
Available
Now

105

Size 1,870 SF
Space Use Retail
Position End Cap
Available Now

Stand Alone retail. Former restaurant. Call owner for rental rate.

135`

Size 900 SF
Space Use Retail
Position In-Line
Available Dec 2024

Inline, retail. Call owner for rental rate.

255

Size 1,000 SF
Space Use Retail
Position In-Line
Available Now

Small, inline, retail. Call owner for rental rate.

265

Size 1,550 SF
Space Use Retail
Position In-Line
Available Now

Call owner for rental rate.

325

Size 1,460-4,380 SF
Space Use Retail
Position In-Line
Available Now

Call owner for rental rate.

390

Size 26,860 SF
Space Use Retail
Position In-Line
Available Now

Former supermarket. Call owner for rental rate.

400

Size 1,200 SF
Space Use Retail
Position In-Line
Available Now

Inline, retail, former tobacco shop. Call owner for rental rate.

400R

Size 2,240 SF
Space Use Retail
Position -
Available Now

Garage/Storage. Call owner for rental rate.

430

Size 7,700-18,940 SF
Space Use Retail
Position In-Line
Available Now

Inline retail. Former Dollar General store. Call owner for rental rate.

440

Size 3,640 SF
Space Use Retail
Position In-Line
Available Now

Inline retail; former sports apparel store. Call owner for rental rate.

470

Size 5,500-11,000 SF
Space Use Retail
Position In-Line
Available Now

Inline retail; former Telemarketing unit. Call owner for rental rate.

480

Size 3,500-7,000 SF
Space Use Retail
Position In-Line
Available Now

Inline retail; former Sears store. Call owner for rental rate.

499 S 2nd St.

Size 3,314 SF
Space Use Retail
Position In-Line
Available Now

Inline retail; former Farmer's Insurance. Call owner for rental rate.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04300-000-050-00
Land Assessment
£481,164
Improvements Assessment
£1,478,314
Total Assessment
£1,959,477
  • Listing ID: 33612712

  • Date on Market: 23/10/2024

  • Last Updated:

  • Address: 499 S 2nd St, Coshocton, OH 43812

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