565 Main St Wellsville, OH 43968

Property Details for 565 Main St

Year built

1981

Lot size

0.26 lot acres

Property type

Commercial real estate

Description

This exceptional 875 square foot commercial property, located at 565 Main Street in Wellsville, Ohio, presents a unique investment opportunity. Situated on a 0.26-acre lot with ample concrete parking, this well-maintained former bank building boasts excellent visibility from its Main Street location. The property includes an additional overhead area previously used as a drive-thru, offering versatile layout options for a variety of businesses. The solid construction ensures durability and longevity, while the prime location in Wellsville guarantees high foot traffic and exposure. This property is situated within a Federal Opportunity Zone, potentially offering significant tax advantages to qualified investors. The building's adaptable floor plan allows for creative repurposing, making it suitable for a wide range of commercial uses. While the building's history as a bank suggests a strong foundation, potential buyers should be aware of a possible deed restriction prohibiting its use as a financial institution. This restriction should be verified independently through due diligence. The asking price of $59,900 makes this a compelling investment opportunity for those seeking a well-located, adaptable commercial space with significant upside potential. The property's size and location make it an ideal candidate for a variety of commercial ventures. Don't miss this chance to acquire a piece of Wellsville's commercial landscape.

Location Insight

City

Wellsville

County

Columbiana

State

Ohio

Longitude

-80.6452

Latitude

40.6069