150 W Main St

7,688 SF Vacant Retail Building Newcomerstown, OH 43832 $240,000 ($31/SF)

Investment Highlights

  • Surrounded by various retailers such as Huntington Bank, The Oddbox and Marathon Gas
  • Heavy daytime foot traffic

Executive Summary

Come to downtown Newcomerstown to own a beautiful piece of history with heavy foot traffic. Home of Woody Hayes and CY Young. The Village of Newcomerstown is revamping this downtown area (Projects and Developments in supplements). It will have newly painted buildings, benches, new sidewalks, plants and lights. This vacant former bank branch with drive-thru and still has the vault. This would be well suited for a variety of uses. It is situated on a main retail corridor with thriving businesses. A few ideas - this would make a great restaurant, sports bar or distillery on main floor and could rent out office spaces above and below. This is a spacious Romanesque building 7000+ sq ft. Right off the 36 and 77 interchange. Home of Woody Hayes and CY Young. The local Village is prepared and willing to work with new owner to encourage new business to Main St. Building has recently been power washed. This building also features additional large amount of square footage on second floor, currently enclosed behind walls. Removing walls would significantly expand the usable 2nd story space of this building. Additional space on outside of building facing cross street of approximately 336 sqft that is part of building as well was previously used as barber shop.

Property Facts Under Contract

Sale Type
Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Bank
Building Size
7,688 SF
Building Class
C
Year Built
1883
Price
$240,000
Price Per SF
$31
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.49
Lot Size
0.36 AC
Zoning
B-3 - Central Business District
Parking
18 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
100 FT on West Main Street

Amenities

  • Corner Lot

Nearby Major Retailers

Park National Bank
Chase Bank
IGA
Huntington National Bank

PROPERTY TAXES

  • Listing ID: 30766585

  • Date on Market: 1/25/2024

  • Last Updated:

  • Address: 150 W Main St, Newcomerstown, OH 43832