23 3Rd St Waterville, OH 43566
This charming 1,292 square foot retail building, located at 23 S Third Street in the heart of Downtown Waterville, Ohio, presents a unique investment opportunity. Built in 1862 and renovated in 2015, the property boasts a beautifully updated exterior while offering a blank canvas for interior design. The interior layout includes a covered patio, two open rooms, an unfinished kitchen area, a mechanical room, storage space, and a first-floor restroom. A second-story loft adds further potential. The property also features a composite wood patio and a detached shed with power, ideal for additional storage or workspace. The 0.124-acre lot includes a shared driveway with the adjacent property at 13 S. Third Street. Recent improvements include a sump pump replacement in 2024. The property is zoned C-2, offering flexibility for various commercial uses. Its prime location just off old US-24 (Anthony Wayne Trail) ensures high visibility and accessibility. The asking price is $199,900. The Lucas County APN is 96-11140
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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