105 W Cross St - Storefront Retail/Residential FOR SALE


Palestine, OH 45352
$99,900 USD
937-423-3422
105 W Cross St, Palestine, OH for Sale
$99,900 USD
Storefront Retail/Residential - FOR SALE
1/18
null | Request Cap Rate

105 W Cross St
Palestine, OH 45352


HIGHLIGHTS

  • U.S. Postal Service tenant in place with renewal option through 2027
  • Upper-level apartment provides residential rental potential
  • Rear shop and workspace offer flexibility for business or storage use
  • Block construction and updated heating system support long-term operation

OVERVIEW

Exceptional investment opportunity with multiple income streams and outstanding flexibility! This well-maintained multi-use commercial property features several rental units, including a long-term tenant occupied by the U.S. Postal Service with a five-year renewal option already in place, providing stable income. An additional commercial unit is leased to a local community office, while another garage bay with an overhead door is currently rented on a month-to-month basis. The property also includes a spacious upstairs apartment offering an abundance of living space. The apartment features a huge living room, an eat-in kitchen, one bedroom, a large full bathroom, washer and dryer hookups, and extensive storage throughout, making it ideal for owner occupancy or additional rental income. A large garage/storage area is currently utilized by the owner for personal storage, offering the potential for additional income or business use. Recent exterior painting enhances the property's curb appeal, while the updated hot water heating system provides efficient comfort throughout the building. Whether you're looking to expand your investment portfolio or occupy part of the property while generating rental income, this versatile commercial property offers excellent cash flow potential and long-term value.

FOR SALE DETAILS

PRICE

$99,900 USD

PRICE/SF

$37 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

-

APN/PARCEL ID

I36-2-111-15-02-01-11200

ASK ABOUT THIS PROPERTY

Shaun HayesBerkshire Hathaway Professional RealtyMore Info
937-423-3422

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Shaun HayesBerkshire Hathaway Professional RealtyMore Info
937-423-3422

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.