118 12th St Ashland, OH 44805-1713
This exceptional commercial property located at 118 E 12th Street in Ashland, Ohio, presents a unique investment opportunity. Priced at $300,000, the property currently operates as a convenience store with a valuable drive-thru feature, significantly enhancing customer accessibility and convenience. The building includes two walk-in coolers, essential for maintaining inventory and freshness, making it ideal for a variety of food-related businesses. Adding to its versatility, the property also features an attached one-bedroom, one-bathroom efficiency apartment, providing additional income potential or housing for an on-site manager. The apartment offers a comfortable living space, separate from the main commercial area. While the exact square footage is currently unavailable, the property sits on a zero-acre lot. This property is well-suited for a variety of uses, offering a strong return on investment for a savvy buyer. The existing infrastructure and convenient location make it an attractive option for entrepreneurs seeking a ready-to-go business or investors looking for a profitable venture. Additional photos will be available soon. This is a rare opportunity to acquire a mixed-use property in a desirable location. Serious inquiries are encouraged to explore this promising investment. The property is being sold as-is.
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.