For Sale
$119,900

211 Main StCortland, OH 44410

Prime Cortland location, mixed-use building, great income potential.

Overview

Added:
Feb 3
Days on market:
61
This exceptional mixed-use property, located at 211 W Main Street W Unit 211-211A in the heart of downtown Cortland, Ohio, presents a compelling investment opportunity. Situated on a 0.07-acre lot at the corner of West Main Street and South Bank Street, this building offers 3,840 square feet of space. The first floor, zoned S-1 Service District, comprises approximately 1,638 square feet of vacant commercial/retail space, providing immediate potential for lease income. The second floor features two residential apartments: a one-bedroom, one-bathroom unit currently renting for $425 per month, and a two-bedroom, one-bathroom unit renting for $495 per month. The first floor has one bathroom. Access to the first floor is via a front entrance on West Main Street and a rear entrance/exit leading to a gravel parking lot accessible from South Bank Street. Tenants utilize the rear parking lot. The apartments are accessed via a rear walk-up stairwell. Tenants are responsible for their own baseboard electric costs. The condition of the roof is unknown. Note that any income or expense projections are unconfirmed. This property offers a unique blend of commercial and residential income streams in a desirable downtown location. The vacant commercial space presents a chance to customize and lease to a tenant that complements the existing residential occupancy. This is an excellent opportunity for an investor seeking a property with immediate income and significant upside potential.

Property Details for 211 Main St

Property type
Mixed-use properties
Square Feet
3,840 SF
Year Built
1941
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Cortland
County
Trumbull
State
Ohio
Latitude
41.32992
Longitude
-80.72912
211 Main St, Cortland, Ohio

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211 Main St
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