100 Factory St Lagrange, OH 44050-9672
This exceptional mixed-use property in LaGrange, Ohio, presents a unique investment opportunity. The 5,476 square foot building combines a spacious warehouse and a fully renovated apartment, ideal for owner-occupancy or rental income generation. The ground floor warehouse, totaling 4,341 square feet, offers versatile space currently configured as a cabinetry shop. This area can be easily divided into three separate units, each with garage doors (6-7 feet high), or utilized as a single large workshop, warehouse, or storage facility. The ceiling height ranges from 8 to 16 feet. Upstairs, a fully renovated (2018) 1,135 square foot, three-bedroom, one-bathroom apartment provides comfortable living space or a strong rental income stream, with a potential rental rate of $1,100 per month. Recent upgrades include a new metal roof, updated plumbing and electrical systems, new hot water tank and furnaces, and separate gas and electric meters for efficient utility management. The property sits on a 0.33-acre lot with ample parking on both sides, zoned COMMERCIAL. Located in the heart of LaGrange, this property offers the charm of a small town with easy access to Routes 301 and 303. This is an excellent opportunity for a business owner seeking a work-live space or an investor looking for a high-return property with a blend of commercial and residential income potential. The property's APN is 15-00-045-105-042. Built in 1969, this two-story building offers a compelling combination of functionality and modern updates.
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Jim's Custom Kitchens General Contractor Renovation Specialist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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