202 Gay StPlain City, OH 43064

Property Details for 202 Gay St

Year built

1900

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a charming, two-story brick building located at 202 Gay Street in Plain City, Ohio, 43064. The property encompasses a total of approximately 4,188 square feet on a 6,534 square foot lot and consists of four apartment units, currently vacant. The main building, a two-story structure, offers approximately 3,168 square feet, currently configured as three apartments. A separate two-story coach house, totaling approximately 1,020 square feet, comprises the fourth unit. Both buildings are situated on a single parcel and are being sold together in "as-is" condition. The property, zoned B3 Commercial, is ideally located within Plain City's business district and falls within the Jonathan Alder School District. While requiring some renovations, this property offers significant upside potential for a savvy investor. The asking price is $475,000, translating to $113.42 per square foot. Built in 1900, the property includes an attractive backyard. This is a rare chance to acquire a multifamily property with commercial zoning in a desirable Ohio location.

Location Insight

City

Plain City

County

Madison

State

Ohio

Latitude

40.1072

Longitude

-83.2673

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