2701 Navarre Ave Oregon, OH 43616-3225
This exceptional Ohio retail investment property, located at 2701 Navarre Ave, Oregon, OH 43616, presents a unique blend of income-generating retail space and redevelopment potential. The 2.3-acre lot boasts 16,861 total square feet, including 5,000 square feet of net rentable retail space across six buildings. Built in 1956, the property is zoned 40-C2 General Commercial, offering flexibility for various uses. The site features 38 parking spaces, 160 feet of frontage on heavily trafficked Navarre Avenue (Route 2), and excellent visibility. Its prime location across from Mercy Hospital and near the I-280 interchange and Ohio Turnpike ensures high traffic volume. The property also includes approximately 100 rear storage units, presenting a significant redevelopment opportunity. Two curb cuts provide convenient access. This is a rare chance to acquire a well-positioned retail center with substantial upside potential in a thriving commercial corridor. The asking price is $1,795,000. APN: 44-21284.
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
40-C2 · Oregon, OHOregon. Always verify with local authorities before improvements.
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.