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120 N. Main Street, Englewood 120 N Main St

1,200 SF 100% Leased Office Building Englewood, OH 45322 $189,900 ($158/SF) 10.97% Cap Rate

Investment Highlights

  • Fronting directly onto Main Street at 40
  • 100% Occupied 10.97% ROI
  • Off street private parking
  • Two great buildings with One low price!

Executive Summary

Tenant Improvements Galore! Two great buildings with one great price—ready for a new owner NOW! This EASY opportunity consists of two buildings both occupied by dream tenants —each of which have updated both buildings —with new paint, carpet, signage and fixtures! Gross rental income is $25,200 and expenses are low and easy to manage providing for a Net Operating Income (NOI) of $19,414—with rents increasing soon and annually thereafter. Great location, great price and great tenants in place!

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
1,200 SF
Building Class
C
Year Built
1951
Price
$189,900
Price Per SF
$158
Cap Rate
10.97%
NOI
$20,835
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,200 SF
Building FAR
0.14
Lot Size
0.20 AC
Zoning
Commercial B - Business-Office

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M57-00106-0014
Land Assessment
$13,420
Improvements Assessment
$16,460
Total Assessment
$29,880
  • Listing ID: 26273370

  • Date on Market: 7/27/2022

  • Last Updated:

  • Address: 120 N Main St, Englewood, OH 45322

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