49 Main St Utica, OH 43080

This exceptional investment opportunity presents five contiguous parcels totaling 21,780 square feet (approximately half an acre) at 49 S Main Street, Utica, Ohio 43080. The property boasts 132 feet of frontage on S. Main Street (Rt 13) and a depth of 165 feet. Currently housing nine units across the five parcels, the property offers 7,260 square feet of total space, with 5,810 square feet of net rentable area. The current occupancy rate is 80%. While some structures are currently used as residential units, the property's location and ample parking (24 recently sealed and fenced spaces) suggest a potential for conversion to commercial use on the ground floors. The asking price is $1,000,000, translating to $172.12 per square foot. Located in a rapidly developing area of Licking County, this property presents significant potential for future appreciation. All offers are contingent upon inspections and due diligence. Income, expense, and lease information is forthcoming. Neighboring properties are undergoing rehabilitation, further indicating the area's growth potential. Don't miss this chance to acquire a prime multi-parcel property in a thriving Ohio market.