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437 S Main St
Bowling Green, OH 43402
Specialty Property For Sale · 24,000 SF

INVESTMENT HIGHLIGHTS

  • Half mile from Bowling Green State University.
  • Large multi-space / auditorium and cafeteria. Additional parking lots and open space available
  • Two Blocks from historic downtown Bowling Green
  • Plans to potentially utilize part of the property as a hostel. Zoning allows for educational use and possible hostel.

PROPERTY FACTS

Property Type Specialty
Property Subtype
School
  • Specialty Lodge Meeting Hall
  • Specialty Religious Facility
  • Specialty Sorority Fraternity House
Building Class C
Lot Size 0.50 AC
Building Size 24,000 SF
No. Stories 3
Year Built/Renovated 1900/1980
Tenancy Single
Parking Ratio 1.25/1,000 SF
Zoning S-3 - Short term lodging / hostel, education, theatre arts, dance studio, artist, nursing home, extended care facility on six lots.

AMENITIES

  • Signage

ABOUT 437 S MAIN ST , BOWLING GREEN, OH 43402

The building at 437 S. Main Street is zoned S-3. The zoning for the property includes the following uses: churches, public and private schools, university, social service agencies, library, public governmental offices, youth hostel (short term lodging) , hospital, extended care facility, nuring home, nursery school and home for the aged. The conditional uses include a country club, lodge, or recreation club. The owner recently prepared a detailed plan to utilized 6500 square feet of space in the building as a hostel including a kitchen. The the "change-of-use", it will require the entire building to be sprinklered. The estimates to sprinkler the building are around $3.00 psf (or around $75,000). The planning department described the use as "short-term lodging". The owner might be interested in doing some type of joint-venture with someone. The owner recently did $75,000 in roof repairs to the main building. Current tenant is month-to-month. Owner could carry a note on the property or do a lease-option. The listing agent is the owner of the property and has an active California real estate brokers license.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B07-511-300109020000
Land Assessment
$945
Improvements Assessment
$13,020
Total Assessment
$13,965
  • Listing ID: 15063568

  • Date on Market: 2/3/2019

  • Last Updated:

  • Address: 437 S Main St, Bowling Green, OH 43402

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