108-110 3rd St Ironton, OH 45638
This exceptional Ironton, Ohio commercial property, located at 108-110 S 3rd Street, presents a unique investment opportunity. Priced at $99,900, this 3,129 square foot building boasts a rich history in the heart of downtown. Currently, one-third of the space houses a thriving barbershop, while an additional storefront and a sizable apartment space offer significant potential for development. The two storefronts are conveniently connected by an interior door, allowing for flexible configuration. The apartment, accessible via a staircase from the second storefront, requires some restoration but offers high potential. The property features recently upgraded electrical systems throughout. The asking price reflects the restoration needed for the apartment and second storefront. Conveniently located off US 52, this property offers a blend of established business and exciting redevelopment possibilities. The property's prime downtown location and historic character make it an attractive investment for both seasoned developers and entrepreneurs seeking a unique opportunity in a vibrant Ohio community. The property is zoned for commercial use and includes ample space for various retail ventures. This is a rare chance to acquire a piece of Ironton's heritage and shape its future.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.