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123 N Michigan Ave 3,267 SF 100% Leased Retail Building Edgerton, OH 43517 $109,900 ($33.64/SF)
Investment Highlights
- Historical Property
- Ample Storage included in basement
- Tall 11-15 foot ceilings
- 2 - 200amp panels serve each floor
- Located in Downtown Edgerton, OH on Michigan Ave (Hwy 49)
Executive Summary
HISTORIC DOWNTOWN EDGERTON COMMERCIAL GEM! Own a piece of history with this 1908 building full of charm & potential. Original “Tiger Oak” pharmacy cabinetry, a restored tin ceiling (2021), & refinished hardwood floors offer timeless appeal. A new rear garage door allows convenient access, while exposed brick upstairs adds a modern industrial touch. Two electric meters with 200-amp panels serve each floor. The full basement offers ample storage. Ideal for retail, office, or studio use. With income potential & a flexible layout, this is your chance to bring your vision to life in a unique space.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
3,267 SF
Building Class
C
Year Built/Renovated
1908/2021
Price
$109,900
Price Per SF
$33.64
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.08 AC
Zoning
Commercial - No county zoning
Parking
5 Spaces (1.53 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 061-280-04-021.000 | Improvements Assessment | $34,440 |
| Land Assessment | $2,800 | Total Assessment | $37,240 |
Property Taxes
Parcel Number
061-280-04-021.000
Land Assessment
$2,800
Improvements Assessment
$34,440
Total Assessment
$37,240
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123 N Michigan Ave
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