Current Use by Public Records
- Commercial real estate
Property Details for 114-116 Indiana Ave
- Year built
- 1900
- Lot size
- 0.25 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property at 114-116 W Indiana Avenue in Perrysburg, Ohio, presents a unique investment opportunity. Spanning a substantial 5,668 square feet on a 0.25-acre lot, this building is ideally situated just two doors from Louisiana Avenue, in the heart of Perrysburg's historic downtown district. Currently operating as an antique shop, the property offers immense versatility for a wide range of businesses. Imagine transforming this space into a thriving yoga studio, health and wellness center, educational facility, or another retail establishment. The building's character is enhanced by two non-functioning brick fireplaces with mantels, adding a touch of charm to the spacious interior. Abundant front windows provide excellent display opportunities, capitalizing on the high foot traffic generated by the area's vibrant atmosphere, including the farmer's market, parades, and festivals. The property boasts two gas meters and two electric meters, ensuring ample utility capacity. A mezzanine loft in the rear, currently used as a Pilates studio, contributes to the property's income potential. An upstairs apartment is also included, generating a current monthly income of $2,000. This prime location offers unparalleled access to the bustling activity of downtown Perrysburg, making it an exceptional opportunity for a discerning investor or entrepreneur. The asking price is $724,900.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Perrysburg
- County
- Wood
- State
- Ohio
- Longitude
- -83.6284
- Latitude
- 41.5564
