140 S River St - OD's Cycle Shop
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140 S River St - OD's Cycle Shop
2,233 SF Speciality Building Offered at £392,205 in Franklin, OH 45005
Investment Highlights
- The second-generation cycle garage in the town of Franklin is a well known establishment
- Significant average daily traffic count, with an average of 1,444 vehicles passing by according to ODOT's 2022 surveys
- Ideal location along the Great Miami River
Executive Summary
The second-generation cycle garage in the town of Franklin is a well known establishment. It offers a spacious shop area of over 2,200 square feet, which is currently divided into a workshop, retail space, and an office. The garage is conveniently located on River Street, benefiting from a high traffic count. It is also a part of the "Downtown Franklin Revitalization Project," indicating a positive trend towards development and growth in the area.
The property's location along the Great Miami River provides additional appeal, as new businesses, homes, restaurants, outdoor parks, and living spaces are being established nearby. This development creates a desirable environment for potential customers and residents alike.
The owner of the garage is retiring and relocating, which presents an opportunity for someone interested in automotive and commercial ventures to start their own venture in a well known and highly visible area. With a total area of 2,233 square feet, this property offers ample space for various automotive activities.
The garage sits on a land area of approximately 0.646 acres, providing room for potential expansion or additional uses. Additionally, the property benefits from a significant average daily traffic count, with an average of 1,444 vehicles passing by according to ODOT's 2022 surveys.
Overall, this second-generation cycle garage presents a promising opportunity for a new owner to continue the business in a thriving location as part of a revitalization project.
The property's location along the Great Miami River provides additional appeal, as new businesses, homes, restaurants, outdoor parks, and living spaces are being established nearby. This development creates a desirable environment for potential customers and residents alike.
The owner of the garage is retiring and relocating, which presents an opportunity for someone interested in automotive and commercial ventures to start their own venture in a well known and highly visible area. With a total area of 2,233 square feet, this property offers ample space for various automotive activities.
The garage sits on a land area of approximately 0.646 acres, providing room for potential expansion or additional uses. Additionally, the property benefits from a significant average daily traffic count, with an average of 1,444 vehicles passing by according to ODOT's 2022 surveys.
Overall, this second-generation cycle garage presents a promising opportunity for a new owner to continue the business in a thriving location as part of a revitalization project.
Property Facts
| Price | £392,205 | Lot Size | 0.64 AC |
| Price Per SF | £176 | Building Size | 2,233 SF |
| Sale Type | Owner User | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 1961 |
| Price | £392,205 |
| Price Per SF | £176 |
| Sale Type | Owner User |
| Property Type | Speciality |
| Lot Size | 0.64 AC |
| Building Size | 2,233 SF |
| Number of Floors | 1 |
| Year Built | 1961 |
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PROPERTY TAXES
| Parcel Number | 2137364 | Improvements Assessment | £14,166 |
| Land Assessment | £21,392 | Total Assessment | £35,559 |
PROPERTY TAXES
Parcel Number
2137364
Land Assessment
£21,392
Improvements Assessment
£14,166
Total Assessment
£35,559
zoning
| Zoning Code | Commercial (Commercial Garage) |
| Commercial (Commercial Garage) |
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140 S River St - OD's Cycle Shop
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