970 Oakwood Ave Napoleon, OH 43545-1637
This exceptional commercial property at 970 Oakwood Avenue, Unit 970, Napoleon, OH, presents a rare investment opportunity. The 0.41-acre lot features two buildings, offering significant versatility and income potential. Both buildings boast recently updated siding, roofs, and overhead doors, minimizing immediate maintenance needs. The front building, ideal for retail or office space, currently commands a monthly rental income of $700. Its adaptable layout makes it suitable for a variety of businesses. The rear building, currently leased for $650 per month, is perfectly suited for a contractor, storage facility, or similar use. Its robust construction and ample space provide significant operational flexibility. The property also benefits from extensive customer parking, ensuring convenient access for tenants and patrons. This dual-building property offers a compelling combination of immediate rental income and long-term growth potential, making it an attractive investment for discerning buyers. The property is priced at $130,000 and presents a strong return on investment. The current rental income provides a solid foundation for future growth and profitability. Don't miss this chance to acquire a well-maintained, income-generating commercial property in a desirable location.
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Mr Builders Ltd Construction Company General Contractor
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.