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Off Market
1/14

437 S Main St
Bowling Green, OH 43402


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

ADD'L SUBTYPES

Lodge/Meeting Hall, Religious Facility, Sorority/Fraternity House

TOTAL BUILDING SIZE

24000

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.5 AC AC

LAND SF

21,780 SF

ZONING

-

APN/PARCEL ID

B07-511-300109020000