12-14 N Main St - Storefront Retail/Residential FOR SALE


Hubbard, OH 44425
$149,900 USD
330-727-0577
12-14 N Main St, Hubbard, OH for Sale
$149,900 USD
Storefront Retail/Residential - FOR SALE
1/38
null | Request Cap Rate

12-14 N Main St
Hubbard, OH 44425


OVERVIEW

Find the perfect business opportunity right in your backyard! This fantastic Hubbard accommodation puts you in a high-traffic, high-visibility area with plenty of foot traffic and a local draw. Prominently positioned as the corner structure, the demographics allow for easy signage on the sides of your building, ready to take advantage of stopped traffic at the nearby light. Alleyway access from the main street leads into a private rear lot for customers’ needs. The all-brick building itself is divided into three portions that include two lower-storefront units and a second-story apartment; all are currently rented and revenue-generating. The first lower unit is currently configured with multiple display cases for a divided design featuring a rear office area, closet storage, and a half bath. The second, larger unit brings great looks with its abundant natural light and streetside views, coupled with an open layout filled with warm, hardwood flooring. At the rear of the unit, two additional rooms join a wonderfully appointed half bath. Basement storage is also available. The upstairs residential apartment unit is accessible via the rear, newly built (2025) staircase. Included are a large kitchen, central dining or common space, a sizeable rear living area with two generous bedrooms. Laundry service and a full bath complete the package. Additional information: newer furnace, newer hot water heater, refinished original hardwood floors, flat roof over Coin Shop 2015, and 5 parking spaces in the back of the building. All 3 units are currently rented with long-term tenants, providing immediate income for the next investor. Current monthly rental income is $1,415, with significant potential for improvement.

FOR SALE DETAILS

PRICE

$149,900 USD

PRICE/SF

$61 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

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C-3

APN/PARCEL ID

02-177100

ASK ABOUT THIS PROPERTY

Melissa PalmerBrokers RealtyMore Info
330-727-0577

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

Melissa PalmerBrokers RealtyMore Info
330-727-0577

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