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3200-3204 S Main St 4,877 SF Office Building Coventry Township, OH 44319 $450,000 ($92.27/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Two-story wood frame/masonry
- Gable roof with asphalt shingles
- Security system
- Brick facing/aluminum siding/concrete block
- Carpet/Tile/Vinyl Flooring/Overhead Lighting
- Site improvements include graveled parking and concrete pad in front, landscaping, exterior lighting, exterior sign and wood deck
EXECUTIVE SUMMARY
This unique multi-use property offers light industrial, office, retail, or multi-family uses, with optional detached garage and residential property nearby. Features include parking, office suites, and security system. Small warehouse and shop with drive-in door, two upstairs apartments. New two-year NNN Lease (As of 9/1/24)
Residential Property next doors also for sale - can be bought separately or together with the commercial building.
Residential Property next doors also for sale - can be bought separately or together with the commercial building.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,877 SF
Building Class
C
Year Built
1950
Price
$450,000
Price Per SF
$92.27
Cap Rate
5.50%
NOI
$24,750
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,771 SF
Slab To Slab
10’
Building FAR
0.24
Lot Size
0.46 AC
Parking
10 Spaces (2.05 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $35,561 | |
| Land Assessment | $18,201 | Total Assessment | $53,762 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$18,201
Improvements Assessment
$35,561
Total Assessment
$53,762
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3200-3204 S Main St
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