4268 Erie Ave Navarre, OH 44662
This exceptional mixed-use property in Navarre, Ohio, presents a lucrative investment opportunity. Situated on a 0.97-acre lot at 4268 Erie Avenue SW, on high-traffic State Route 21, just south of the intersection with Navarre Road, the property comprises a three-unit all-brick professional office building, two long-term rented residential homes (month-to-month leases), and a large storage building with seven currently rented units. The office building features a spacious upper unit with six offices, a breakroom/kitchenette, restrooms, and a large conference room. The lower level houses two additional occupied commercial units. The entire property generates an annual cash flow exceeding $78,000, excluding the upper office unit currently occupied by the owner. This turnkey investment is ideal for an owner-user seeking a high-return property in a desirable location. The combination of office, residential, and storage units provides diverse income streams and significant potential for future growth. Don't miss this chance to acquire a well-established, cash-flowing property in a prime commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.