For Sale
$463,000

114 Main StSaint Clairsville, OH 43950

7-Unit Income Property, Excellent ROI

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a fully occupied, seven-unit mixed-use property located at 114-116 E. Main St, St. Clairsville, Ohio 43950. The property, encompassing 6,762 square feet on a 0.37-acre lot, consists of two buildings, each two stories high, built in 1900. The property includes four residential apartments and three commercial spaces, all currently leased. Recent improvements include a newly sealed and striped parking lot with new lighting, freshly painted exteriors, and renovated common areas with new carpeting and paint. The property boasts one of the largest parking lots in downtown St. Clairsville, providing ample off-street parking for tenants and customers. Long-term tenants and below-market rents offer significant potential for increased cash flow. Detailed financial information, including rent rolls and proforma operating statements, is available upon request. This prime Main Street location offers a compelling opportunity for a savvy investor seeking a strong return on investment in a thriving downtown area. The asking price is $463,000, translating to $68.47 per square foot.

Highlights

  • 100% Occupied, generating immediate cash flow.
  • Mixed-use property with 3 commercial and 4 residential units.
  • Recently renovated with exterior paint, new parking lot, and updated common areas.
  • Seven total rental units.
  • Three commercial tenants and four residential apartments.
  • Large parking lot, a key asset in downtown St. Clairsville.

Property Details for 114 Main St

Property type
Mixed-use properties
Square Feet
6,762 SF
Year Built
1900
Buildings
2
Stories
2
Lot Size (sq. ft)
16,117 SF
Units
7

Location Insight

City
Saint Clairsville
County
Belmont
State
Ohio
Latitude
40.080623860836
Longitude
-80.900013311321
114 Main St, Saint Clairsville, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
114 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message