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24 Main St London, OH 43140

For Sale
$400,000

Prime Retail Location, High ROI Potential

Property size:
3,089 SF

Description

Added:
Feb 3, 2025
Days on Market:
306
This 3,089 square foot retail storefront at 24 S Main Street, London, OH, presents a unique investment or owner-user opportunity. Situated in London's revitalized historic district, this property benefits from significant recent downtown redevelopment, including renovated apartments and new storefronts. The building boasts hardwood floors throughout, abundant natural light from skylights and large storefront windows, and ample street parking. A complete renovation in 2012 included a gutting and remodel, enhancing its modern appeal. Furthermore, the roof and furnace were replaced within the last decade, ensuring low maintenance costs. Interior features include a built-in sound system, ceiling fans throughout, and a security system. The 0.07-acre lot provides convenient access. With a projected capitalization rate exceeding 7%, this property offers strong potential for a positive return on investment. Its prime location within a thriving downtown area makes it ideal for a variety of retail businesses. The asking price is $400,000.

Property Features for 24 Main St

General Information

Property type
Retail properties
Square Feet
3,089 SF
Lot Size
3,049 SF

Building Details

Year Built
1920

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Relevant Co Art Gallery Cultiva Corporate Office

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
London
County
Madison
State
Ohio
Longitude
-83.44768
Latitude
39.88587

FAQs

What type of property is this?
Retail property - Prime Retail Location, High ROI Potential
Where is this retail property located?
The property is located at 24 Main St London, OH.
What is the asking price?
The asking price for this property is $400,000.
More about this property
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