5492 Oh-121 Greenville, OH 45331
This Greenville, OH commercial property offers 7,936 square feet (per tax card) of versatile space on a 0.33-acre lot. The building includes retail space with a current tenant (tenant pays gas and electric), heated by a natural gas furnace. A sizable flex space, previously a cycle shop, presents numerous redevelopment possibilities. A large 35x26 garage features two overhead doors and a 16x15 storage room. Upstairs, a spacious two-bedroom apartment boasts a 16x16 kitchen, 20x15 living room, bedrooms measuring 13x12 and 12x9, a 12x11 utility room, and a 22x6 mudroom. Three additional rooms (15x7, 16x12, 16x14) accessible via a spiral staircase offer potential for expansion of either the commercial or residential areas. The property includes three electric meters, two gas meters, and a well. Note that a buried gas tank is present, and a new septic system will be required. Zoned B-1, this property, sold off a larger parcel, offers significant potential for various commercial uses. The legal description for this original parcel is already established. This is an ideal opportunity for investors or business owners seeking a unique and adaptable space. The asking price is $125,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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