1140 Main St Urbana, OH 43078
- Flex space
- 2,280 SF
- 0.26 lot acres
Current Use by Public Records
- Don's Auto / Auto Body Shop
Property Details for 1140 Main St
- Year built
- 1965
- Lot size
- 0.26 lot acres
- Property size
- 2,280 SF
- Property type
- Flex space
- APN
- K48-25-00-04-06-008-00
- APU
- K482500040600800
Description
This exceptional commercial property, located at 1140 N Main Street, Urbana, OH, presents a lucrative investment opportunity. Situated on a full acre comprised of four parcels along busy US Highway 68, this M1-zoned property boasts high traffic counts, ideal for a variety of businesses. The property includes three buildings totaling 9,120 square feet. The main building at 1140 N Main Street, encompassing 4,800 square feet, is currently leased to an auto repair business. An adjacent 2,280-square-foot Quonset hut at 1142 N Main Street is also leased to the same tenant. Both buildings at 1140 and 1142 generate a combined monthly rental income of $2,250. A separate 2,040-square-foot building at 1146 N Main Street, leased as an auto body shop, provides an additional $450 in monthly rental income. Permitted uses include car lots, auto repair, manufacturing, warehousing, and office space. Conditionally permitted uses include restaurants, childcare facilities, storage, and non-commercial recreation. The 4,800 sq ft building at 1140 N Main Street features two newer furnaces and two air compressors. This property offers the unique opportunity to operate your own business while leveraging existing rental income streams, or to lease all buildings individually for maximum return. The possibilities are vast. Priced at $725,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Urbana
- County
- Champaign
- State
- Ohio
- Longitude
- -83.7499
- Latitude
- 40.1243
- CBSA code
- 46500
- CBSA name
- URBANA, OH MICROPOLITAN STATISTICAL AREA
