109-111 S Main St
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109-111 S Main St
4,396 SF 100% Leased Retail Building Pleasantville, OH 43148 $600,000 ($136/SF) 8.50% Cap Rate
Investment Highlights
- Steady income
- Fully occupied
- Low operating expenses
Executive Summary
This 2,964 sq ft investment property is available for $600,000, generating $54,000 in total annual rental income. The building features a restaurant tenant paying $3,000/month with a lease through 2028, plus two 2-bed/1-bath apartments renting for $850/month and $650/month.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,396 SF
Building Class
C
Year Built
1900
Price
$600,000
Price Per SF
$136
Cap Rate
8.50%
NOI
$51,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.67
Land Acres
0.15 AC
Zoning
Commercial
Parking
12 Spaces (2.73 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
PROPERTY TAXES
| Parcel Number | 03-00220-200 | Improvements Assessment | $48,230 |
| Land Assessment | $7,180 | Total Assessment | $55,410 |
PROPERTY TAXES
Parcel Number
03-00220-200
Land Assessment
$7,180
Improvements Assessment
$48,230
Total Assessment
$55,410
-
Randy Sokol -
Sokol Realty LLC
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109-111 S Main St
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