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Hatfield House 121 E Main St

8,029 SF 100% Leased Retail Building Troy, OH 45373 £723,766 (£90/SF)

Investment Highlights

  • Store front salon and first floor business
  • Open 3rd floor
  • 9 rooms rented individually to Hobart Welding School students

Executive Summary

Introducing 'The Hatfield House' at 121 E. Main St. in historic downtown Troy—a magnificent 1841 mixed-use building blending commercial and residential utility. This three-story brick landmark offers a thriving ground-floor salon with amenities and an office space, both currently leased. The residential suite includes a modern 2-bedroom apartment on the first floor, two more on the second—featuring a 3-bedroom with a balcony and a 4-bedroom dual living room setup, all fully furnished. The capacious third floor offers versatile space, ripe for commercial or potential residential conversion. Recent updates include new windows, HVAC systems, tankless water heater, and chic interior finishes.The expansive third floor of The Hatfield House presents a flexible space, ideal for a commercial venture such as an office, dance studio, or photography studio. Alternatively, there's potential to transition to residential use by adding four more units. This adjustment would align seamlessly with the current high-yield rental strategy to Hobart Welding students, enhancing the property's versatility and investment appeal. The property currently capitalizes on room rentals to Hobart Welding students, maximizing ROI. A true investment gem with endless potential, waiting for you to envision its next chapter. Explore the possibilities at The Hatfield House—where history meets modern profitability.

Attachments

For sale

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,029 SF
Building Class
C
Year Built/Renovated
1841/2024
Price
£723,766
Price Per SF
£90
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
2.42
Lot Size
0.08 AC
Zoning
Central Business - Designed to support a wide range of commercial activities in the heart of a city.
Frontage
35 ft on Main St

Amenities

  • Signalised Intersection
Walk Score ®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

U.S. Bank
Tim Hortons
First Financial Bank
Chase Bank
Needler's Fresh Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
D08000820
Land Assessment
£8,521
Improvements Assessment
£14,217
Total Assessment
£22,738
  • Listing ID: 32641434

  • Date on Market: 31/07/2024

  • Last Updated:

  • Address: 121 E Main St, Troy, OH 45373

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