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Property profile & analytics
OFF-MARKET
Mixed-use properties

40 Stimson Ave Athens, OH 45701

1,624 SF 0.14 ac lot Built 1925
Entity Owned 1-yr Hold
Property ID
US66-3013184
Property summary
AI-generated overview

This exceptional mixed-use property at 40 E Stimson Avenue in Athens, Ohio presents a compelling investment opportunity. The building boasts a total of 1,624 square feet situated on a 0.14-acre lot. The ground floor features a newly remodeled office space, ideal for a variety of professional uses. Its prime location and updated amenities offer significant potential for rental income or owner-occupancy. Upstairs, a comfortable two-bedroom apartment provides additional income potential, perfect for an owner-occupant or as a separate rental unit. The property includes a significant advantage: ample off-street parking. Newly striped, the parking area offers twelve designated spaces, providing a valuable amenity for tenants and generating additional rental income. This turnkey investment property combines the benefits of a well-maintained office space with the income potential of a residential unit, all within a highly desirable location. The combination of office and residential space, along with the substantial parking, makes this a rare find in the Athens market. The recent renovations ensure immediate occupancy and minimal upfront investment. This property is priced at $349,000 and represents a strong return on investment.

Property profile
Verified
Property type Mixed-use properties
Year built 1925
Total area 1,624 SF
Lot 0.14 ac (6,098 SF)
UPID US66-3013184
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
Current use
Occupant on record · Public records
  • Freedom Property Group | Rise Realty Co. Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Lynx Properties LLC · 1 yrs held
Lynx Properties LLC
since 2025
3 recorded transactions
2025
$295,000
2023
$281,000
2022
$275,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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