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180 S Main St

2,602 SF Light Industrial Building Somerville, OH 45064 £184,759 (£71/SF)

Investment Highlights

  • Tenant signed 3 year lease
  • Owner is subject to 30 day notice in lease agreement

Executive Summary

This updated and move-in ready commercial garage is perfect for an owner/operator or investor seeking an income-generating business that offers immediate returns and long-term growth potential. Currently leased to a vinyl vehicle wrap company, this versatile building sits on 1 parcel with the sale also including 2 additional adjacent parcels of vacant land. Providing plenty of space to expand an existing business with the added benefit of adding a secondary development opportunity as well. The building features three (3) Drive-In Bays, One (1) 12’ clear height, Two (2) 10’ clear height, Newer Overhead Doors, Titan HD2P 9,000lb. AF 2-Post Lift, Compressor & Hook-Ups, Renovated Offices, Concrete Floor Armor throughout offices, Polished Concrete in service bays, Newly Poured Front Parking Lot, Freshly Painted Interior/Exterior, Detached Storage Structure and additional Parking/Storage in rear undeveloped lots. This mid-century garage and it’s 63’-0” of frontage on Main St. has the ability to host a wide array of tenancy options and is ripe for development within the commercial sector. If applicable; 30 day notice for existing tenants.

Property Facts

Price £184,759
Price Per SF £71
Sale Type Investment or Owner User
Property Type Light Industrial
Property Subtype
Light Manufacturing
  • General Retail Auto Dealership
  • General Retail Auto Repair
  • General Retail Service Station
Building Class C
Rentable Building Area 2,602 SF
Number of Floors 1
Year Built/Renovated 1960/2023
Tenancy Single
Parking Ratio 7.3/1,000 SF
Clear Ceiling Height 12 ft
Level Access Doors 3

Amenities

  • Fenced Lot
  • Wheelchair Accessible
  • Yard
  • Accent Lighting
  • Reception
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
F2900-065-000-045
Land Assessment
£1,363
Improvements Assessment
£18,878
Total Assessment
£20,241

zoning

Zoning Code Commercial (Commercial Garage)
Commercial (Commercial Garage)
  • Listing ID: 32570870

  • Date on Market: 24/07/2024

  • Last Updated:

  • Address: 180 S Main St, Somerville, OH 45064

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