111 W Main StreetBremen, OH 43107

111 W Main StreetBremen, OH 43107

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$289,000 Pending
Commercial - Business MLS 225036058 Pending

Listed By

Agency Name: The Westwood Real Estate Co.
Agent Name: Matthew C Edwards
Agency Phone: 614-710-1707

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

3,156 Retail and Apartment/Short Term Rental Great Owner/User Opportunity or an Investor with a Pro Forma Cap Rate of 9%++.Property Overview:Formerly operated as a Coffee Shop & Bakery, meticulously renovated 3,156 SF buildingoffers a turnkey combination of Retail Space on the first floor, with a cash flowing Apartment,AirBnB and/or living quarters on the second floor.Property Highlights:*Retail Space: 1,656 SF with a separate front entrance, ideal for customer-facing operations forrestaurant, retail, or office.*Current Equipment/Furnishing Included for both Retail Space & Residential - TURNKEY*Apartment Space: 1,500 SF with a separate entry*Historic Charm & Character will full renovations throughout the building*New Public Space next to building which hosts summer weekend concerts*Having both retail space (first floor) and residential (upstairs) means diversified income*Being on Main St. gives great visibility for retail tenants, foot traffic, ease of access.*Great Owner/User Opportunity or an Investor with a Pro Forma Cap Rate of 9%++.

111 W Main Street | MLS# 225036058

This commercial property located at 111 W Main Street, Bremen, OH 43107 is currently listed for sale with an asking price of $289,000. Search Bremen real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Days on Market: 162
Lot Size: 0.04 Acres
Taxes: $1,237
Year Built: 1910

Feature Descriptions

Parcel #: 03-50139-200

Demographics

Fairfield County Demographic Information for 111 W Main Street, Bremen, OH 43107
Fips
Fips Code 39045
Population
2020 to 2025 Change up 6.8%
2010 Count 146,156
2020 Count 158,921
2025 Estimate (V2025) 169,752
2020 Estimate (V2025) 158,908
Age Distribution (Years Old)
0 to 4 5.7%
5 to 17 23.5%
18 to 64 53.9%
65 and Older 16.9%
Gender
Male 50.0%
Female 50.0%
Place of Birth
Foreign 4.3%
US 95.7%
Education
High School Graduate, Age 25+ 94.0%
Bachelor's Degree or Higher, Age 25+ 32.3%
Computer and Internet use
Households with a computer 96.3%
Households with a broadband Internet subscription 92.5%
Language
English is Second Language, Age 5+ 5.6%
English is First Language, Age 5+ 94.4%
Veterans
Veterans 9,079
Income
Per Capita Income $41,813
Median Household Income $90,966
People in Poverty 8.1%
Commute
Average Work Commute Time 28 minutes
Housing
Total Housing Units 64,207
Households 60,357
Average Household Size 2.65
Owner-Occupied 74.9%
Multi-Family 15.4%
Owner-Occupied Median Value $298,800
Median selected monthly owner costs -with a mortgage $1,739
Median selected monthly owner costs -without a mortgage $666
Median gross rent $1,172
Building Permits
New Private Housing Issued 2024 464
Years at Residence
1 Year or More 90.4%
Less Than 1 Year 9.6%
Business and Employment
Private non-farm Establishments 2,846
Private non-farm Employment 41,284
Private non-farm Employment Growth down 1.0%
Nonemployer Establishments 12,972
Number of Firms 1,808
Business Production
Value of Shipments $1,121,644,000
Wholesale Trade $0
Retail Trade $1,966,556,000
Retail Sales Per Capita $11,384
Accommodation and Food Services $252,325,000
Land
Land Area 504.41 sq. miles
Population Per Square Mile 290

Source: US Census Bureau