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In-PersonVirtual Tour
$ 350,000
Est. payment | /mo
3.17 Acres Lot
$ 350,000
Est. payment | /mo
3.17 Acres Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5102650
Construction Status Fixer
HOA Y/N No
Year Built 1910
Annual Tax Amount $8,032
Tax Year 2023
Lot Size 3.170 Acres
Acres 3.17
Property Sub-Type Business
Property Description
Maximize your investment returns with this Madison Ohio property's dual-income potential. The existing commercial and residential spaces offer immediate cash flow, with endless opportunities for value enhancement through strategic management. This investment opportunity offers a solid foundation with existing residential tenants. Madison offers a blend of small-town charm and growing commercial activity. The commercial side of the property currently has a building that was used for car lot with a possible live in suite in the rear. Has two bathrooms and multiple offices with full basement. Two of the three residential homes currently have tenants with month-to-month leases.
Location
State OH
County Lake
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Aggregate, Gravel
Water Access Desc Public
Present Use Automotive,Mixed Use,Residential,Single Family
Building
Sewer Septic Tank
Water Public
Construction Status Fixer
Schools
School District Madison Lsd Lake- 4303
Others
Tax ID 01-B-126-0-00-011-0
Special Listing Condition Standard
Listed by Phillip Harford • McDowell Homes Real Estate Services • phillipharford@mcdhomes.com 440-339-1634