For Sale
$284,900

1494 Park AveOntario, OH 44906

High-yield, fully leased, prime location.

Overview

Added:
Feb 3
Days on market:
60
This exceptional mixed-use property in Ontario, OH, presents a compelling investment opportunity. Located at 1494 Park Avenue W, this 3,296 square foot building sits on a 0.51-acre lot in a high-visibility area, ensuring excellent exposure. The property is currently fully leased, providing immediate and consistent cash flow. Two commercial units are secured with three-year leases, guaranteeing stable income for the foreseeable future. The upper level features a fully updated residential apartment, currently owner-occupied, boasting a modern kitchen, new appliances, fresh paint, and new flooring. This versatile space offers a blend of residential and commercial zoning, maximizing potential uses and rental income. Ample parking is available on-site. The combination of strong rental income from long-term leases, a desirable location, and minimal maintenance requirements makes this property an ideal investment for those seeking a low-risk, high-return opportunity. The property's size and layout offer flexibility for future expansion or adaptation to changing market demands. This is a rare chance to acquire a turnkey investment property with proven profitability and significant long-term potential. The asking price is $284,900.

Property Details for 1494 Park Ave

Property type
Mixed-use properties
Square Feet
3,296 SF
Year Built
1970
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Ontario
County
Richland
State
Ohio
Latitude
40.76002
Longitude
-82.5695
1494 Park Ave, Ontario, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1494 Park Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message