110 Boundary St Edison, OH 43320
This exceptional business opportunity presents a rare chance to acquire a well-maintained commercial property located at 110 N. Boundary Street in Edison, OH. The property consists of multiple parcels encompassing a substantial building with a versatile layout ideal for a variety of uses. The main structure features a convenient small office space at the front, seamlessly connected to a functional paint booth situated at the rear. Access to the building is effortless, thanks to the inclusion of two large garage doors. The property boasts a significant gravel parking lot, providing ample space for customers and employees. Beyond the immediate parking area, there's a generous rear yard and side yard offering further potential for expansion of parking or even additional building construction. The current tenant is under lease, paying a monthly rent of $750, covering all utilities, lawn care, and snow removal. The building itself benefits from recent upgrades, including a furnace installed in 2020 and an updated electrical system, ensuring efficient and cost-effective operation. This turnkey investment presents a strong cash flow opportunity with significant upside potential for future growth and development. The property's strategic location and versatile design make it an attractive proposition for discerning investors seeking a stable income stream and long-term appreciation. Note that the business itself is not included in the sale.
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D & H Tire N Auto (Bike/Boat/Book/etc) Store Auto Parts Store
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
No recorded transactions found for this property.
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.