For Sale
$725,000

1140 Main St Urbana, OH 43078

High-traffic location, multiple income streams.

Overview

Added:
Feb 3
Days on market:
81
This exceptional commercial property, located at 1140 N Main Street, Urbana, OH, presents a lucrative investment opportunity. Situated on a full acre comprised of four parcels along busy US Highway 68, this M1-zoned property boasts high traffic counts, ideal for a variety of businesses. The property includes three buildings totaling 9,120 square feet. The main building at 1140 N Main Street, encompassing 4,800 square feet, is currently leased to an auto repair business. An adjacent 2,280-square-foot Quonset hut at 1142 N Main Street is also leased to the same tenant. Both buildings at 1140 and 1142 generate a combined monthly rental income of $2,250. A separate 2,040-square-foot building at 1146 N Main Street, leased as an auto body shop, provides an additional $450 in monthly rental income. Permitted uses include car lots, auto repair, manufacturing, warehousing, and office space. Conditionally permitted uses include restaurants, childcare facilities, storage, and non-commercial recreation. The 4,800 sq ft building at 1140 N Main Street features two newer furnaces and two air compressors. This property offers the unique opportunity to operate your own business while leveraging existing rental income streams, or to lease all buildings individually for maximum return. The possibilities are vast. Priced at $725,000.

Property Details for 1140 Main St

Property type
Commercial real estate
Square Feet
9,120 SF
Year Built
1947
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Urbana
County
Champaign
State
Ohio
Latitude
40.12407
Longitude
-83.75013

FAQs

What type of property is this?
Commercial real estate - High-traffic location, multiple income streams.
Where is the commercial real estate located?
The property is located at 1140 Main St Urbana, OH.
What is the asking price?
The asking price for this property is $725,000.
How can I contact the broker?
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1140 Main St
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