Hatfield House | 121 E Main St
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Hatfield House 121 E Main St
8,029 SF 100% Leased Retail Building Troy, OH 45373 $925,000 ($115/SF)
Investment Highlights
- Store front salon and first floor business
- Open 3rd floor
- 9 rooms rented individually to Hobart Welding School students
Executive Summary
Introducing 'The Hatfield House' at 121 E. Main St. in historic downtown Troy—a magnificent 1841 mixed-use building blending commercial and residential utility. This three-story brick landmark offers a thriving ground-floor salon with amenities and an office space, both currently leased. The residential suite includes a modern 2-bedroom apartment on the first floor, two more on the second—featuring a 3-bedroom with a balcony and a 4-bedroom dual living room setup, all fully furnished. The capacious third floor offers versatile space, ripe for commercial or potential residential conversion. Recent updates include new windows, HVAC systems, tankless water heater, and chic interior finishes.The expansive third floor of The Hatfield House presents a flexible space, ideal for a commercial venture such as an office, dance studio, or photography studio. Alternatively, there's potential to transition to residential use by adding four more units. This adjustment would align seamlessly with the current high-yield rental strategy to Hobart Welding students, enhancing the property's versatility and investment appeal. The property currently capitalizes on room rentals to Hobart Welding students, maximizing ROI. A true investment gem with endless potential, waiting for you to envision its next chapter. Explore the possibilities at The Hatfield House—where history meets modern profitability.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,029 SF
Building Class
C
Year Built/Renovated
1841/2024
Price
$925,000
Price Per SF
$115
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.42
Lot Size
0.08 AC
Zoning
Central Business - Designed to support a wide range of commercial activities in the heart of a city.
Frontage
Amenities
- Signalized Intersection
Walk Score ®
Very Walkable (88)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | D08000820 | Improvements Assessment | $18,170 |
| Land Assessment | $10,890 | Total Assessment | $29,060 |
PROPERTY TAXES
Parcel Number
D08000820
Land Assessment
$10,890
Improvements Assessment
$18,170
Total Assessment
$29,060
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Hatfield House | 121 E Main St
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