108 N Main St | Baltimore, OH 43105
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108 N Main St
Baltimore, OH 43105
Retail Property For Sale
Investment Highlights
- Prime Investment Opportunity
- Cap rate: 4.9%
Executive Summary
This 2,506 sq ft investment property is available for $650,000, offering a steady annual rental income of $32,640. The building houses, a reliable restaurant tenant, with a long-term lease in place until 2026, providing consistent cash flow.
The property also includes an apartment rental generating $9,600 annually. With low real estate taxes of $927 per year, this investment offers excellent returns with minimal operating expenses.
The property also includes an apartment rental generating $9,600 annually. With low real estate taxes of $927 per year, this investment offers excellent returns with minimal operating expenses.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
1,500 SF
Building Class
C
Year Built
1900
Price
$650,000
Price Per SF
$433
Cap Rate
4.90%
NOI
$31,850
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.54
Lot Size
0.02 AC
Zoning
Retail
Frontage
21 FT on N Main St
PROPERTY TAXES
| Parcel Number | 02-40149-000 | Improvements Assessment | $15,310 |
| Land Assessment | $2,240 | Total Assessment | $17,550 |
PROPERTY TAXES
Parcel Number
02-40149-000
Land Assessment
$2,240
Improvements Assessment
$15,310
Total Assessment
$17,550
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