For Sale
$895,000

Long St Ashville, OH 43103

97 Units, High Occupancy, Great ROI

Overview

Added:
Dec 11, 2024
Days on market:
136
Exceptional investment opportunity in Ashville, Ohio. This multi-tenant, refrigerated cold storage facility comprises 97 units across four buildings, totaling approximately 3,000 to 3,960 square feet each, situated on a 0.935-acre lot at the corner of N Long Street and SR 752. Currently boasting 99% occupancy and generating approximately $70,000 in annual gross income, this property presents significant potential for increased rental income and overall net profitability. The property is zoned GB - General Business District, ensuring flexibility and future development possibilities. Low taxes and low maintenance further enhance its appeal. Individual unit price is $9,226.80. The property's prime location offers easy access to major roadways, making it highly attractive to a diverse range of tenants. This is a rare opportunity to acquire a well-established, high-performing cold storage facility with substantial upside potential. The asking price is $895,000. Property PINs: D1300300011301, D1200010010603.

Highlights

  • 97 storage units on a 0.93-acre lot.
  • Strong investment opportunity with upside potential for rental income growth.
  • Excellent location with convenient access to major thoroughfares.
  • Zoned General Business.
  • 99% occupancy rate.
  • Significant potential to increase rents and boost net operating income.

Property Details for 0 Long St

Property type
Refrigeration & cold storage, Industrial properties
Buildings
4
Stories
1
Lot Size (sq. ft)
40,729 SF
Units
97

Location Insight

City
Ashville
County
Pickaway
State
Ohio
Latitude
39.723988
Longitude
-82.952783

FAQs

What type of property is this?
Refrigeration & cold storage - 97 Units, High Occupancy, Great ROI
Where is the refrigeration & cold storage located?
The property is located at Long St Ashville, OH.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 97 storage units on a 0.93-acre lot.; Strong investment opportunity with upside potential for rental income growth.; Excellent location with convenient access to major thoroughfares.
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.
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0 Long St
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