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Property profile & analytics
OFF-MARKET
Office buildings

206 Mulberry St Mount Vernon, OH 43050-3331

0.2 ac lot
Entity Owned 10-yr Hold Free & Clear
Property ID
US66-4390263
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.2 ac (8,712 SF)
APN 66-03027.000
UPID US66-4390263
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
S M Properties Of Mt Vernon LLC · 10 yrs held
S M Properties Of Mt Vernon LLC
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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