1321 Chestnut St, Coshocton, OH 43812-1327
This exceptional Coshocton investment property, located at 1321 Chestnut Street, presents a unique opportunity for savvy investors and retailers. Situated on a 0.07-acre lot, this building boasts significant potential for substantial cash flow. The main attraction is the over 2200 square feet of flexible lower-level space, ideally suited for retail use. Its prime location on one of Coshocton's busiest thoroughfares ensures high visibility and foot traffic, making it an excellent choice for a variety of retail businesses. Adding to its appeal, the upper level comprises three apartments, two of which are nearing completion. This mixed-use configuration offers diversified income streams and further enhances the property's investment value. The building has undergone several key updates, including new windows, upgraded electrical service, and a recently replaced roof, minimizing immediate maintenance needs. The separate gas and electric utilities provide efficient management and cost control. This property is a rare find, combining prime retail space with income-generating apartments, offering a compelling investment opportunity in a thriving location. Don't miss the chance to own this promising asset and capitalize on its considerable upside. The asking price is $150,000.
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
Similar Nearby for Lease
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.