108 Main StCadiz, OH 43907

  • Industrial properties
  • 1,800 SF
For Sale
$260,000 View listing

Property Details for 108 Main St

Year built
1900
Construction
BRICK
Property size (Sq ft)
1,800 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
05-0001900.000
APU
50001900000

Description

This exceptional mixed-use property, located at 108 S Main Street in the heart of Cadiz, OH, presents a compelling investment opportunity. The 1,800 square foot building sits on a 0.05-acre lot and is currently fully occupied, generating immediate rental income. The ground floor boasts a retail space, perfectly suited for a diverse range of businesses, and a one-bedroom, one-bathroom apartment. Upstairs, two additional spacious apartments are available, each featuring two bedrooms and one bathroom. This configuration provides a balanced mix of commercial and residential income streams, offering a stable and potentially lucrative investment. The property's prime downtown location ensures high visibility and accessibility, attracting both tenants and customers. The existing tenant occupancy minimizes vacancy risk and provides a solid foundation for future growth and potential appreciation. This turnkey investment is ready for immediate returns, making it an attractive option for seasoned investors seeking a reliable addition to their portfolio or for those new to commercial real estate looking for a strong start. The property's strong rental history and desirable location combine to create a compelling investment opportunity with significant long-term potential. The asking price is $319,900.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $391,823
    Hospitality
    $358,908
    Educational
    $298,607
    Medical
    $308,877
    Retail
    $464,500
108 Main St, Cadiz, Ohio

Location Insight

City
Cadiz
County
Harrison
State
Ohio
Latitude
40.2726
Longitude
-80.9971

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
$1,554
$3,300
$21,440
$24,740
-
$9,430
$61,260
$70,690

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