206 Mulberry St Mount Vernon, OH 43050-3331
Exceptional opportunity to acquire a 3,464 square foot professional office space in downtown Mount Vernon, Ohio. This property, located at 206 S Mulberry Street (corner of S. Mulberry St and Ohio Ave), is part of a condo association and features two separate lobbies, four bathrooms (two handicap accessible), several storage rooms, and fourteen sizable rooms. Approximately half of the rooms include water, sinks, and counter space. Additional amenities include a laundry area with a mop sink, a security system, and a large paved parking lot offering ample parking. The building boasts a recent appraisal of $560,000. Previous rental income was $5,000 per month. The lot size is 8,712 square feet, and the asking price is $479,900 ($138.54 per square foot). This versatile space presents numerous possibilities for a variety of professional uses. A YouTube video showcasing the property is available online. The property is located in Knox County, Ohio, zip code 43050.
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
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