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$ 350,000
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New
101 E Main St Blanchester, OH 45107
1,950 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $179
MLS Listing ID 1841072
Year Built 1925
Lot Size 1,655 Sqft
Property Sub-Type Commercial
Source Cincinnati Multiple Listing Service
Property Description
Highly visible incredible mixed-use income opportunity in the heart of Blanchester! This fully occupied building includes a well-established restaurant tenant on the ground floor and two residential apartments above. Current gross rents bring in $4,500/month with minimal expenses, delivering a strong 12.4% cap rate at list price. All tenants are month-to-month, offering flexibility for future repositioning. Recent updates and stable rental history make this a turnkey option for investors. Real estate only restaurant business is not for sale. Ideal for 1031 exchange, cash buyers, or DSCR loan investors. Please do not disturb tenants.
Location
State OH
County Clinton
Area Clinton-E32
Rooms
Basement Partial
Interior
Heating Central, Radiant, Gas
Cooling Central Air
Flooring Wood
Exterior
View Y/N No
Water Access Desc Public
Roof Type Membrane
Building
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Listed by eXp Realty