140 Crestline St Crestline, OH 44827-1518

This exceptional value-add opportunity presents a vacant, 41,000-square-foot former YMCA and senior care facility situated on a 1.57-acre lot in Crestline, Ohio. Currently zoned B2 - General Business, this property offers immense potential for redevelopment. With 34,000 square feet of net rentable space, the building could be repurposed into a multi-family complex (41+ units), an assisted living facility (80+ units), or a creative office space (75+ units). The existing structure features a two-story foyer with offices, a main floor kitchen, dining area, and a common area overlooking a courtyard. The property includes 40 parking spaces and benefits from a private location on a dead-end street with frontage along the CXS Railroad. While the property requires renovations, its size, location, and zoning make it an attractive investment. The number of units is reconfigurable, allowing for flexibility in development plans. The asking price is $270,000, with potential seller financing available. All information is believed to be accurate but is not guaranteed. The property is bank-owned and consists of one two-story building. The APN numbers are 240061118.000, 240058039.000, 240058038.000, and 240058040.000. A zoning variance may be required depending on the intended use.