24 S Main St London, OH 43140

3,089 SF 0.07 ac lot Built 1920

Individually Owned 2-yr Hold ~ Est. High Equity

Property ID

US66-1824570

$339,900 3,089 SF

24 S Main St, London, OH 43140
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This 3,089 square foot retail storefront at 24 S Main Street, London, OH, presents a unique investment or owner-user opportunity. Situated in London's revitalized historic district, this property benefits from significant recent downtown redevelopment, including renovated apartments and new storefronts. The building boasts hardwood floors throughout, abundant natural light from skylights and large storefront windows, and ample street parking. A complete renovation in 2012 included a gutting and remodel, enhancing its modern appeal. Furthermore, the roof and furnace were replaced within the last decade, ensuring low maintenance costs. Interior features include a built-in sound system, ceiling fans throughout, and a security system. The 0.07-acre lot provides convenient access. With a projected capitalization rate exceeding 7%, this property offers strong potential for a positive return on investment. Its prime location within a thriving downtown area makes it ideal for a variety of retail businesses. The asking price is $400,000.