208 12th 2nd NW St Barberton, OH 44203-2530
This exceptional mixed-use property at 208 2nd Street NW in Barberton, Ohio, presents a unique investment opportunity. Boasting 4,320 square feet on a 0.06-acre lot, this building offers a blend of commercial and residential space. The main level, currently configured as a beauty salon, is adaptable to a wide range of businesses. Recent renovations include fresh neutral paint, luxury vinyl plank (LVP) flooring, a brand-new HVAC system, and a new water heater, minimizing upfront maintenance costs for the new owner. Upstairs, two spacious one-bedroom, one-bathroom apartments provide comfortable living quarters, ideal for owner occupancy or rental income generation. The property also includes a sizable rear storage area, previously utilized as a boutique, offering additional flexibility and potential uses. Its prime downtown location ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. The asking price of $199,900 makes this a compelling investment with significant upside potential. This property's versatility, recent upgrades, and desirable location combine to create a truly exceptional opportunity. Don't miss out on this chance to own a thriving mixed-use property in a vibrant downtown setting.
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.