For Sale
$400,000

24 Main StLondon, OH 43140

Prime Retail Location, High ROI Potential

Overview

Added:
Feb 3
Days on market:
62
This 3,089 square foot retail storefront at 24 S Main Street, London, OH, presents a unique investment or owner-user opportunity. Situated in London's revitalized historic district, this property benefits from significant recent downtown redevelopment, including renovated apartments and new storefronts. The building boasts hardwood floors throughout, abundant natural light from skylights and large storefront windows, and ample street parking. A complete renovation in 2012 included a gutting and remodel, enhancing its modern appeal. Furthermore, the roof and furnace were replaced within the last decade, ensuring low maintenance costs. Interior features include a built-in sound system, ceiling fans throughout, and a security system. The 0.07-acre lot provides convenient access. With a projected capitalization rate exceeding 7%, this property offers strong potential for a positive return on investment. Its prime location within a thriving downtown area makes it ideal for a variety of retail businesses. The asking price is $400,000.

Property Details for 24 Main St

Property type
Retail properties
Square Feet
3,089 SF
Year Built
1920
Lot Size (sq. ft)
3,049 SF

Location Insight

City
London
County
Madison
State
Ohio
Latitude
39.88587
Longitude
-83.44768
24 Main St, London, Ohio

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24 Main St
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