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1071 S Main St

2,205 SF 100% Leased Retail Building Urbana, OH 43078 $349,000 ($158/SF)

INVESTMENT HIGHLIGHTS

  • Next to Sunoco
  • Great visibility
  • Along the busy S Main St

EXECUTIVE SUMMARY

The location doesn't get any better than this! Located at the busy intersection of US Hwy 68 and State Route 55, this property offers unlimited possibilities. The 3 parcels total 2.69 acres and include the addresses of 1071 S. Main Street, 1075 S. Main Street and 1077 S. Main Street. The main parcel at 1071 S. Main has the majority of the road frontage and offers a 1118 square feet office building with 2 single car garage bays. The rental property at 1075 S. Main has an 896 square foot home with 2 bedroom and 1 bath. The property at 1077 S. Main includes the majority of the acreage and has an older 28x20 garage and a 440 square foot home that has extreme fire damage. The main building at the busy intersection is zone B-2, General Business. The remaining parcels are zone R-2, Medium Density Residential. This, almost 3 acre property allows the new owners many options and those options include a high traffic count. Where can you find acreage, road frontage and a busy intersection in the City of Urbana? Right here.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,205 SF
Building Class
C
Year Built
1960
Price
$349,000
Price Per SF
$158
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
2.69 AC
Parking
22 Spaces (9.98 Spaces per 1,000 SF Leased)
Frontage
95 FT on S Us-68

NEARBY MAJOR RETAILERS

Ww (weight Watchers)
Fifth Third Bank
Tim Hortons
Hot Head Burritos
Bonanza Steakhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
K48-25-11-02-31-012-00
Land Assessment
$5,360
Improvements Assessment
$14,020
Total Assessment
$19,380
  • Listing ID: 24670667

  • Date on Market: 12/15/2021

  • Last Updated:

  • Address: 1071 S Main St, Urbana, OH 43078

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