For Sale
$449,000

224 Main StOttawa, OH 45875

High-Income Potential, Versatile Space

Overview

Added:
Feb 3
Days on market:
61
This exceptional commercial property at 224 E Main Street, Ottawa, OH, presents a unique investment opportunity. The building boasts a total of 15,540 square feet situated on a 0.19-acre lot. The first floor comprises 7,770 square feet of leased office space, providing a consistent income stream. The second floor, totaling an expansive unfinished area, offers significant development potential. This floor features its own street entrance, elevator access, and a convenient back entrance, making it ideal for a variety of uses, including but not limited to entertainment venues, restaurants, retail spaces, or additional office space. Adding to the property's versatility is an 1856 square foot warehouse area with an overhead door, perfect for storage or generating supplemental rental income. The property benefits from a spacious rear parking lot, a significant advantage in a high-traffic location. Its prime downtown location within the DORA (Designated Outdoor Refreshment Area) and its proximity to a newly established brewery ensure high visibility and foot traffic. The building is equipped with updated mechanical systems, guaranteeing efficient and cost-effective operation. This property represents a rare chance to acquire a multi-functional commercial space in a thriving community, offering both immediate income and substantial long-term growth potential. The asking price is $449,000.

Property Details for 224 Main St

Property type
Office properties
Square Feet
15,540 SF
Year Built
1956
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Ottawa
County
Putnam
State
Ohio
Latitude
41.01887
Longitude
-84.04662
224 Main St, Ottawa, Ohio

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224 Main St
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