This exceptional Ironton, Ohio commercial property, located at 108-110 S 3rd Street, presents a unique investment opportunity. Priced at $99,900, this 3,129 square foot building boasts a rich history in the heart of downtown. Currently, one-third of the space houses a thriving barbershop, while an additional storefront and a sizable apartment space offer significant potential for development. The two storefronts are conveniently connected by an interior door, allowing for flexible configuration. The apartment, accessible via a staircase from the second storefront, requires some restoration but offers high potential. The property features recently upgraded electrical systems throughout. The asking price reflects the restoration needed for the apartment and second storefront. Conveniently located off US 52, this property offers a blend of established business and exciting redevelopment possibilities. The property's prime downtown location and historic character make it an attractive investment for both seasoned developers and entrepreneurs seeking a unique opportunity in a vibrant Ohio community. The property is zoned for commercial use and includes ample space for various retail ventures. This is a rare chance to acquire a piece of Ironton's heritage and shape its future.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$445,472
Hospitality
$408,050
Educational
$339,493
Medical
$351,168
Retail
$528,100
Location Insight
City
Ironton
County
Lawrence
State
Ohio
Latitude
38.535
Longitude
-82.6858
CBSA code
26580
CBSA name
HUNTINGTON-ASHLAND, WV-KY-OH METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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