109-111 S Main St
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109-111 S Main St
4,396 SF 100% Leased Retail Building Pleasantville, OH 43148 £474,006 (£108/SF) 8.50% Net Initial Yield
Investment Highlights
- Steady income
- Fully occupied
- Low operating expenses
Executive Summary
This 2,964 sq ft investment property is available for $600,000, generating $54,000 in total annual rental income. The building features a restaurant tenant paying $3,000/month with a lease through 2028, plus two 2-bed/1-bath apartments renting for $850/month and $650/month.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,396 SF
Building Class
C
Year Built
1900
Price
£474,006
Price Per SF
£108
Net Initial Yield
8.50%
NOI
£40,291
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.67
Land Acres
0.15 AC
Zoning
Commercial
Parking
12 Spaces (2.73 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
PROPERTY TAXES
Parcel Number | 03-00220-200 | Improvements Assessment | £38,053 |
Land Assessment | £5,665 | Total Assessment | £43,718 |
PROPERTY TAXES
Parcel Number
03-00220-200
Land Assessment
£5,665
Improvements Assessment
£38,053
Total Assessment
£43,718
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109-111 S Main St
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