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153 Park Ave 1,115 SF Retail Building Amherst, OH 44001 $189,000 ($169.51/SF)
INVESTMENT HIGHLIGHTS
- Great investment potential with both suites currently rented to barber shop and massage studio.
- Potential to increase income with development of second floor, parking abilities support this option as well.
EXECUTIVE SUMMARY
Amherst Downtown Business District Building. Park Avenue is the place to be/Invest in a building that gets returns immediately. Parking at rear of building for 3-4 cars which is a huge bonus. Most employee parking is on street or city parking lots. Building has 2 gas forced air furnaces and air conditioning. A barber shop and massage studio with leases to start making income day one.. The second floor could possibly be finished for additional income, always check with the local building department. Amherst Downtown is bustling with customers buying locally and supporting the patrons.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,115 SF
Building Class
C
Year Built
1880
Price
$189,000
Price Per SF
$169.51
Tenancy
Single
Building Height
2 Stories
Building FAR
0.43
Lot Size
0.06 AC
Zoning
Commercial - Retail Trade
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
24’ on Park Ave
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 05-00-023-115-010 | Improvements Assessment | $54,404 |
| Land Assessment | $11,085 | Total Assessment | $65,489 |
PROPERTY TAXES
Parcel Number
05-00-023-115-010
Land Assessment
$11,085
Improvements Assessment
$54,404
Total Assessment
$65,489
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