127-145 Penn Ave - Storefront Retail/Office FOR SALE


Salem, OH 44460
$310,000 USD
330-518-6082
127-145 Penn Ave, Salem, OH for Sale
$310,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | Request Cap Rate

127-145 Penn Ave
Salem, OH 44460


HIGHLIGHTS

  • Investment Opportunity
  • 2 apartments over 3 retail units
  • Well maintained property

OVERVIEW

Beautiful mixed use brick building in Downtown Salem, OH. This property has been well cared for and has no deferred maintenance. 3 retail spaces on the street level and 2 long term residential tenants upstairs. This building has parking on the street and is just steps away from the free public parking lot on East State St. One retail space is available for lease. This is a one of a kind building in Downtown Salem!

FOR SALE DETAILS

PRICE

$310,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

-

APN/PARCEL ID

5101214000

ASK ABOUT THIS PROPERTY

Theresa MorsePlatz Realty GroupMore Info
330-518-6082

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Theresa MorsePlatz Realty GroupMore Info
330-518-6082

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