4546 Rdg E Rd, Geneva, OH 44041-9243
This stunning 4,385 sq ft Victorian group home/assisted living facility in Geneva, Ohio, presents a unique investment opportunity. Built in 1878 and extensively renovated in 2004 and 2012, the property boasts 8 bedrooms and 2.5 bathrooms, a full kitchen, and high ceilings with period detailing. The property sits on a 0.59-acre lot with 160 feet of frontage, offering ample space and high traffic counts. Currently vacant, this adaptable building, zoned for commercial and healthcare use, offers multiple potential uses including a bed and breakfast, multifamily dwelling, single-family home, offices, retail space, salon/spa, or mixed-use development. Modern updates include updated plumbing, electrical, and HVAC systems, along with a full sprinkler and security system. The full basement and multiple entrances add to its versatility. The asking price is $279,000, translating to $63.63 per square foot. This property offers significant potential for a savvy investor seeking a prime location and a versatile building with substantial modern upgrades. The property features a full basement and is ADA compliant.
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
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.