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Mixed-Use Building with Retail and Apartments
For Sale
$450,000

9 S Park Avenue, Lisbon, OH 44432

CommercialSale, Lisbon, OH

Property SizeContact for details
Lot Size0.18 Acres
Days on Market208

Property Features for 9 S Park Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Retail
Rooms Basement
Parking features On Street, Parking Lot
Subdivision Village/Lisbon
Elementary school district Lisbon EVSD - 1507
Middle school district Lisbon EVSD - 1507
High school district Lisbon EVSD - 1507
Directions 5,7,8, & 9 S. Park Ave, Lisbon Ohio St Rt 30 or St Rt 45 to Lisbon on the square
Standard status Active
APN 0900817000
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description E 1/2 168 & NE 1/4 183 ORIG 90.0' X 90.0
Tax Annual Amount 2099
HOA Fee $10,000 Annually
Legal Description E 1/2 168 & NE 1/4 183 ORIG 90.0' X 90.0

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1930
Floors in Building 2
Number of units 8
Listing Agency: Keller Williams Chervenic Rlty · Keller Williams Realty
Listed By: Samantha Aldish · License #2016004609
Added: Jan 26 Changed: Aug 20 Last Checked: Aug 22 at 8:06AM
MLS# 5183568

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property in Lisbon, Ohio is fully occupied and designed for diversified day-one cash flow. The building includes four street-level commercial storefronts with four residential apartments above. Each residential unit has its own basement, providing added storage and utility space for tenants and owners.

All eight units are currently rented. The retail component benefits from established operations, with Dashing Diva's Boutique included in the sale as a turnkey retail business. The remaining three storefronts are independently owned and operated with current lease agreements in place.

Residential living space includes one 2-bedroom apartment, one 1-bedroom apartment, one additional 2-bedroom apartment, and one 3-bedroom apartment. The building was constructed in 1930. Utilities include public water and public sewer, with forced-air heating using natural gas and central air cooling. Parking is available via on-street spaces and a parking lot.

Key Highlights

  • Fully occupied mixed‑use building with four street‑level storefronts and four residential apartments above
  • Eight total rented units: four storefront leases plus four apartment rentals
  • Each apartment includes its own basement for storage and added utility space

Property Analytics

Current Use

Mclaughlin's Martial Arts Training Center

Suggested Use

Top Pick Real Estate Agency Hair Salon Auto Parts Store Spa & Massage Center Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby

Demographics for 44432, OH

12,276
Population
4,768
Households
2.6
Avg Household Size
45
Median Age
13%
College-Educated
85%
High-School Grad
105.8 sq mi
ZIP Area
116
Density / Sq Mi
$63,173
Median Household Income
$33,750
Median Earnings
$744
Median Rent
$141,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied mixed-use building with four street-level storefronts and four residential units above.
Where is this mixed-use property located?
The property is located at 9 S Park Avenue Lisbon, OH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Fully occupied mixed‑use building with four street‑level storefronts and four residential apartments above; Eight total rented units: four storefront leases plus four apartment rentals; Each apartment includes its own basement for storage and added utility space
More about this property
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