110 Boundary StEdison, OH 43320

Property Details for 110 Boundary St

Year built

1920

Lot size

0.18 AC

Property size (Sq ft)

2,225 SF

Property type

Warehouses

Property subtype

Self storage facilities

APN

G18-004-00-048-00

APU

G180040004800

Description

This exceptional business opportunity presents a rare chance to acquire a well-maintained commercial property located at 110 N. Boundary Street in Edison, OH. The property consists of multiple parcels encompassing a substantial building with a versatile layout ideal for a variety of uses. The main structure features a convenient small office space at the front, seamlessly connected to a functional paint booth situated at the rear. Access to the building is effortless, thanks to the inclusion of two large garage doors. The property boasts a significant gravel parking lot, providing ample space for customers and employees. Beyond the immediate parking area, there's a generous rear yard and side yard offering further potential for expansion of parking or even additional building construction. The current tenant is under lease, paying a monthly rent of $750, covering all utilities, lawn care, and snow removal. The building itself benefits from recent upgrades, including a furnace installed in 2020 and an updated electrical system, ensuring efficient and cost-effective operation. This turnkey investment presents a strong cash flow opportunity with significant upside potential for future growth and development. The property's strategic location and versatile design make it an attractive proposition for discerning investors seeking a stable income stream and long-term appreciation. Note that the business itself is not included in the sale.

• Alternative Use

  Use

  Valuation

  Residential

  $479,686

  Hospitality

  $439,389

  Educational

  $365,567

  Medical

  $378,139

  Retail

  $568,660

Location Insight

City

Edison

County

Morrow

State

Ohio

Latitude

40.5584

Longitude

-82.8622

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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