4268 Erie Ave Navarre, OH 44662

Property Details for 4268 Erie Ave

Year built

1945

Lot size

0.97 lot acres

Property type

Mixed-use properties

Description

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.