Mixed Use Building

Retail-Commercial for Sale
Catylist Listing ID: 30044309
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 5,800 SF
Gross Land Area: 0.12 Acres
Sale Price: $129,000
Unit Price: $22.24 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/7/2017

Overview / Comments

Income generating property with 3 apartments upstairs averaging $450 per month each.
Former restaurant on 1st floor
Unit mix is 1 bedroom/1 bathroom.
Located in the heart of historic downtown Oak Harbor.
All units separately metered for electric.
Front 2nd floor apartment has electric heat.
1st floor utilities are all separated.
Landlord pays gas and water for 2 rear apartments.

Attachments & Media

Additional Details

Nearest MSA: Port Clinton
County: Ottawa
Taxing Authority: Ottawa County
Tax ID/APN: 0271041013947000
Zoning: CENTRAL BUSINESS DISTRICT
Property Located Between: Locust Street and Church Street
Property Visibility: Excellent
Largest Nearby Street: Locust Street
Feet of Frontage: 31
Traffic/Vehicle Count: 6,861
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,000 SF
Property Condition: Good
Year Built: 1890
Year Renovated: 1998
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Brick and wood
Parking Type: Surface
Parking Description: Street and alley access
Sprinklers: None
Heat Type: Natural Gas, Space Heaters
Zoning Description: Central Business District
Lot Frontage: 31
Lot Depth: 161

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,868 6,727 9,040
Median Age: 39.11 41.37 41.52
Households: 768 2,644 3,555

Contact

Photograph of Listing Agent

Kevin McCarthy

Signature Associates
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