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$ 1,200,000
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Active Under Contract
1490 E US Highway 36 Urbana, OH 43078
15,988 SqFt
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 15,988 sqft
Price per Sqft $75
MLS Listing ID 225045178
Year Built 1999
Annual Tax Amount $24,041
Lot Size 0.950 Acres
Lot Dimensions 0.95
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
Prime investment opportunity with tremendous upside! This two-story commercial building features 40 units and offers solid fundamentals along with a versatile blank canvas for cosmetic upgrades and creative rebranding. The property provides an operator with a wide range of possibilities to elevate rents, modernize interiors, and unlock additional revenue streams. Key features include an onsite laundry facility with commercial grade plumbing and venting, ample private parking, and a lobby and reception area with an entrance highlighted by a covered porte-cochere. A rare opportunity to acquire a well maintained asset with substantial potential for growth and income enhancement.
Location
State OH
County Champaign
Area 0.95
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Others
Tax ID K48-25-11-03-47-005-00
Acceptable Financing Conventional
Listing Terms Conventional
Listed by V. Patrick Hamilton REMAX Alliance Realty
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