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$ 400,000
Est. payment /mo
Active
24 S Main Street London, OH 43140
3,089 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,089 sqft
Price per Sqft $129
MLS Listing ID 224042618
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1920
Annual Tax Amount $850
Lot Size 3,049 Sqft
Lot Dimensions 0.07
Property Sub-Type Retail
Property Description
24 South Main Street is an Commercial Retail Storefront in the heart of Downtown London, which has begun its transformation with hundreds of thousands of dollars being invested in the Downtown Core. This building would make an excellent owner-user or investment property with a Pro Form Cap Rate of 7+%. Highlights include:
-Hardwood floors throughout.
-Located in the Historic District of downtown London in proximity to significant redevelopment including renovated apartments and new storefronts.
-Lots of natural lights via skylights and large storefront windows.
-Abundant street parking.
-Roof and furnace have been replaced in the last 10 years. The entire property was gutted and renovated in 2012.
-The space is equipped with ceiling fans throughout, a sound system, and security
-Hardwood floors throughout.
-Located in the Historic District of downtown London in proximity to significant redevelopment including renovated apartments and new storefronts.
-Lots of natural lights via skylights and large storefront windows.
-Abundant street parking.
-Roof and furnace have been replaced in the last 10 years. The entire property was gutted and renovated in 2012.
-The space is equipped with ceiling fans throughout, a sound system, and security
Location
State OH
County Madison
Area 0.07
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Others
Tax ID 31-01470.000
Listed by Douglas D Smith The Westwood Real Estate Co.