6 2Nd StLondon, OH 43140

This exceptional commercial property, located at 6 E 2nd St, London, OH 43140, presents a compelling owner-user or investment opportunity. The 5,740 square foot property, comprised of two interconnected buildings, offers a blend of historic charm and modern functionality. Professionally renovated in 2019, the property features 5,400 square feet of net rentable space, currently 60% occupied by four tenants with a lease expiration date of September 1, 2024. The ground floor boasts ADA-compliant access, private offices, a kitchen, and spacious conference/event rooms, ideal for a variety of uses. The upper level includes additional large private offices, a versatile studio space, and more multi-use areas. Zoned as Historic District B3, this property offers significant value-add potential. Large conference areas are adaptable for conversion into additional storefront office, retail, or other commercial spaces. The property sits on a 3,484.8 square foot lot and is currently listed at $529,000, representing a $12 per square foot price and an attractive 11% cap rate. The building's Class B designation reflects its well-maintained condition and strong potential for return on investment. This stabilized investment opportunity benefits from the westward expansion of Central Ohio, driving demand for properties in vibrant small towns like London, which has seen significant investment in its historic downtown area. The property's existing tenants provide a stable income stream, while the available space allows for owner-occupancy or expansion of leasing opportunities.