403 S Main St

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403 S Main St

Bryan, OH 43506
Asking Price
$3.18M
Asset Type
Retail
Class
Class B

What's Special

403 South Main Street is situated in the central business district of Bryan, Ohio, positioned at a highly visible corner location within the historic downtown area. The neighborhood is characterized by a mix of local administrative offices, professional services, and established storefronts. The property benefits from its proximity to the Williams County Courthouse and various local eateries, which drive consistent daytime pedestrian traffic. Access is provided via State Route 127, the primary north-south corridor through the city, offering straightforward connectivity for regional transit. The building’s layout and prominent street frontage make it a suitable location for traditional retail suites, boutique showrooms, or service-oriented businesses. The asset is well-positioned for national or regional tenants seeking a presence in a stable rural market, as well as local entrepreneurs requiring high-exposure signage. Its flexible interior space caters to a variety of floor plans, ranging from open-concept sales floors to subdivided specialty shops. The surrounding demographic supports a tenant profile focused on everyday consumer goods, professional consulting, or essential retail services.

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NOI
$80,000
Cap Rate
2.51%
DSCR
0.42
Underwater
Cash-on-Cash
-11.41%
Monthly Payment
$15,741.894
Annual Cash Flow
$-108,902.733

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