For Sale
$249,900

105 Public SqLaGrange, OH 44050

Prime LaGrange location, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property at 105 Public Square in LaGrange, Ohio, presents a unique investment opportunity. The 2,436 square foot building boasts a prime downtown location, currently 50% occupied with a coffee shop, wellness shop, and barber shop. The building features six units in total: three ground-floor retail spaces and three two-bedroom apartments on the upper floor. The three vacant apartments, offering approximately 900 square feet (two units) and 640 square feet (one unit), present significant potential for rental income generation. The building is a Class B, two-story structure with ample parking available across the street. Recent improvements include a new roof (2024) and the recent installation of two new furnaces and hot water tanks, demonstrating a commitment to ongoing maintenance and operational efficiency. The property is zoned for commercial use and is situated in a rapidly growing community. This is an ideal opportunity for an investor seeking a blend of immediate income and future growth potential in a thriving downtown area. The property's APN is 15-00-056-103-022. The building is currently 50% occupied, with an occupancy date of July 3, 2024. The asking price is $249,900.

Property Details for 105 Public Sq

Property type
Retail properties, Restaurants
Square Feet
2,436 SF
Class
B
Buildings
1
Stories
2
Units
6

Location Insight

City
LaGrange
County
Lorain
State
Ohio
Latitude
41.236932
Longitude
-82.120226
105 Public Sq, LaGrange, Ohio

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105 Public Sq
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