For Sale
$675,000

955 Lippincott RdUrbana, OH 43078

Multi-use property with strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 30,000 square foot flex space property in Urbana, Ohio, presents a compelling investment opportunity. Situated on a generous 8.22-acre lot (APN: I30-09-12-29-00-009-00), the property boasts a diverse portfolio of income-generating assets. The complex includes two single-family residences, providing immediate rental income streams. In addition, there are two substantial 12,000 square foot buildings, offering significant space for various commercial uses. A further 2,500 square feet of dedicated shop space adds to the property's versatility. Currently, all five units are leased, generating a combined monthly rental income of $4,850. The asking price is $675,000, translating to a price per square foot of $22.50. This multi-use property, classified as Industrial, Mixed Use, Multifamily, and Retail, offers a unique blend of residential and commercial potential, making it an attractive investment for discerning buyers seeking a diversified portfolio with established rental income. The property's location in Urbana, Champaign County, Ohio (zip code 43078) provides convenient access to local amenities and transportation networks. This is a rare opportunity to acquire a substantial property with proven rental income and significant upside potential.

Property Details for 955 Lippincott Rd

Property type
Retail properties, Mixed-use properties
Square Feet
30,000 SF
Lot Size (sq. ft)
358,063 SF
Units
5

Location Insight

City
Urbana
County
Champaign
State
Ohio
Latitude
40.191912
Longitude
-83.765315
955 Lippincott Rd, Urbana, Ohio

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955 Lippincott Rd
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