320 Main StAndover, OH 44003
- Other commercial real estate
- 1,200 SF
Property Details for 320 Main St
- Year built
- 1900
- Lot size
- 0.25 AC
- Property size (Sq ft)
- 1,200 SF
- Property type
- Other commercial real estate
- APN
- 02-013-40-023-00
- APU
- 20134002300
Description
This 1,200 square foot commercial building, located at 320 E Main Street in Andover, Ohio, presents a unique investment opportunity. Currently operating as a real estate office, the property boasts a strong existing rental lease, providing immediate and consistent cash flow. Situated on a 0.25-acre lot, the building offers ample space for a variety of commercial uses, making it an attractive option for both investors and owner-occupiers. The property's prime location on Main Street ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The existing lease provides a stable income stream, minimizing vacancy risk and maximizing return on investment. The building's versatile layout allows for customization to suit diverse business needs. This is an exceptional opportunity to acquire a well-located, income-generating property in a thriving community. The asking price is $165,000. Serious inquiries are encouraged to explore this promising investment further. The property is sold as-is. Further details regarding the current lease terms are available upon request. This property is ready for immediate occupancy or continued rental income.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $247,099
- Hospitality
- $226,342
- Educational
- $188,314
- Medical
- $194,790
- Retail
- $292,932
Location Insight
- City
- Andover
- County
- Ashtabula
- State
- Ohio
- Latitude
- 41.6068
- Longitude
- -80.5663
- CBSA code
- 11780
- CBSA name
- ASHTABULA, OH MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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