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Key Facts

Type Commercial
Levels Commercial Sale
Size 3973 sqft
Garage No
Maintenance Fees 
Taxes $1,348
Days Active 29
Approx. Age 1947
Avg. Price Per Sqft $100
MLS® Number 1841031

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® Number1841031
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1947
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard, Central, Gas
A/CCentral Air
Heating Fuel

Extras

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