670 Sherman StGeneva, OH 44041

Property Details for 670 Sherman St

Year built

1935

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

3,600 SF

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

20-015-00-096-00

APU

200150009600

Description

This exceptional mixed-use property in Geneva, Ohio presents a compelling investment opportunity or owner-occupancy scenario. The 7,875 square foot building, constructed in 1935 with renovations in 1985, comprises a 4,095 square foot warehouse, a 1,890 square foot office space, and two 1,890 square foot apartments on the upper level. Currently, the apartments generate a combined monthly gross lease income of $3,550, although leases expire in May 2022. The warehouse features a 12' x 12' drive-in door, 13-foot clear ceiling height, 600 amp, 208-volt, 3-phase power, and T-5 lighting. The property sits on a 0.46-acre lot, with an additional 0.17 acres available for outside storage. The building is of block construction with a metal roof. Zoned R-4 (Single Family Residential-High Density), the warehouse's use is legally non-conforming. The property enjoys a convenient location off SR 534, with easy access to US 20, SR 84, and Interstate 90. The asking price is $315,000, representing a price per square foot of $40. The seller is open to leasing back the office and warehouse space for $1,400 per month gross. This property offers a unique blend of income potential and versatile space, making it an attractive proposition for a variety of buyers.

Location Insight

City

Geneva

County

Ashtabula

State

Ohio

Latitude

41.7975

Longitude

-80.9429

CBSA code

11780

CBSA name

ASHTABULA, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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