161 2Nd StByesville, OH 43723

  • Retail properties
  • 12,390 SF
For Sale
$359,900 View listing

Property Details for 161 2Nd St

Year built
1972
Lot size
0.22 AC
Property size (Sq ft)
12,390 SF
Property type
Retail properties
Property subtype
Retail space
APN
12-0000547.000
APU
120000547000

Description

This exceptional retail property, located at 161 S 2nd Street in the heart of Byesville, Ohio, presents a compelling investment opportunity. The substantial brick building boasts over 12,000 square feet of space, currently occupied by a thriving retail tenant. The property features ample off-street parking with over 17 spaces, a significant advantage in a bustling downtown area. The current tenant enjoys a strong lease agreement, generating a monthly income of $2800, with the tenant responsible for all utilities. This provides immediate and consistent cash flow for the investor. The lease extends through the fall of 2025, offering long-term stability and predictability. The 0.43-acre lot provides ample space for potential expansion or future development. Situated in a prime downtown location, this property benefits from high visibility and convenient access for customers. The building's substantial size and current high occupancy rate make it an attractive investment for those seeking a stable, income-producing asset in a desirable Ohio market. The strong existing lease and the tenant's expressed desire to remain in the building further enhance the property's value and long-term potential. This is a rare opportunity to acquire a well-established, high-performing retail property in a thriving downtown location.

161 2Nd St, Byesville, Ohio

Location Insight

City
Byesville
County
Guernsey
State
Ohio
Latitude
39.9695
Longitude
-81.5374
CBSA code
15740
CBSA name
CAMBRIDGE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,231
$5,232
$61,318
$66,550
-
$14,950
$175,194
$190,144

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