108 N Main St | Baltimore, OH 43105
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108 N Main St
Baltimore, OH 43105
Retail Property For Sale
Investment Highlights
- Prime Investment Opportunity
- Cap rate: 4.9%
Executive Summary
This 2,506 sq ft investment property is available for $650,000, offering a steady annual rental income of $32,640. The building houses, a reliable restaurant tenant, with a long-term lease in place until 2026, providing consistent cash flow.
The property also includes an apartment rental generating $9,600 annually. With low real estate taxes of $927 per year, this investment offers excellent returns with minimal operating expenses.
The property also includes an apartment rental generating $9,600 annually. With low real estate taxes of $927 per year, this investment offers excellent returns with minimal operating expenses.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
1,500 SF
Building Class
C
Year Built
1900
Price
£512,005
Price Per SF
£341
Net Initial Yield
4.90%
NOI
£25,088
Percent Leased
100%
Number of Floors
2
Building FAR
1.54
Lot Size
0.02 AC
Zoning
Retail
Frontage
21 ft on N Main St
PROPERTY TAXES
| Parcel Number | 02-40149-000 | Improvements Assessment | £12,060 |
| Land Assessment | £1,764 | Total Assessment | £13,824 |
PROPERTY TAXES
Parcel Number
02-40149-000
Land Assessment
£1,764
Improvements Assessment
£12,060
Total Assessment
£13,824
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