4268 Erie AveNavarre, OH 44662
- Other mixed-use properties
- 0.97 AC
Property Details for 4268 Erie Ave
- Year built
- 1945
- Lot size
- 0.97 AC
- Property type
- Other mixed-use properties
- Property subtype
- Mixed-use properties
Description
This exceptional mixed-use property in Navarre, Ohio, presents a lucrative investment opportunity. Situated on a 0.97-acre lot at 4268 Erie Avenue SW, on high-traffic State Route 21, just south of the intersection with Navarre Road, the property comprises a three-unit all-brick professional office building, two long-term rented residential homes (month-to-month leases), and a large storage building with seven currently rented units. The office building features a spacious upper unit with six offices, a breakroom/kitchenette, restrooms, and a large conference room. The lower level houses two additional occupied commercial units. The entire property generates an annual cash flow exceeding $78,000, excluding the upper office unit currently occupied by the owner. This turnkey investment is ideal for an owner-user seeking a high-return property in a desirable location. The combination of office, residential, and storage units provides diverse income streams and significant potential for future growth. Don't miss this chance to acquire a well-established, cash-flowing property in a prime commercial area.
Location Insight
- City
- Navarre
- County
- Stark
- State
- Ohio
- Latitude
- 40.7466
- Longitude
- -81.5156
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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