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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