109 5th St, Marysville, OH 43040-1265

Property Details for 109 5th St

Year built

1900

Construction

BRICK

Lot size

0.02 lot acres

Property type

Commercial real estate

APN

29-0009076.0000

APU

2900090760000

Description

This exceptional commercial property, located at 109 E 5th Street in the vibrant Uptown Marysville, Ohio, presents a compelling investment opportunity. The 1,900 square foot building boasts a desirable location and is currently 100% occupied, generating strong rental income. The property features two units, each with a long-term tenant. The ground floor unit is leased to the Union County Tourism Chamber of Commerce at a monthly rent of $1,100, while the upper unit commands a monthly rent of $1,075. The building was renovated in 1995 and is in generally good condition. The asking price is $239,000, translating to a price per square foot of $125.79. A significant advantage is the owner's secured grant for facade improvements, presenting an opportunity to enhance the property's curb appeal and potentially increase its value. This turnkey investment offers a stable income stream and significant upside potential in a thriving Ohio community. The property is situated in the 43040 zip code of Union County. The lot size is zero square feet, indicating the building likely sits on a smaller lot or is part of a larger development. This property is ideal for investors seeking a stable, income-producing asset in a desirable location.

Location Insight

City

Marysville

County

Union

State

Ohio

Longitude

-83.3665

Latitude

40.2362

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments