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49th Street Tavern 4129 E 49th St 1,900 SF 100% Leased Retail Building Newburgh Heights, OH 44105 $350,000 ($184.21/SF)
Executive Summary
5 year tenant on the first floor.
Month to month tenant renting the apartment on the second floor.
Month to month tenant renting the apartment on the second floor.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$48,000
|
$25.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$48,000
|
$25.26
|
| Taxes |
$2,963
|
$1.56
|
| Operating Expenses |
$4,000
|
$2.11
|
| Total Expenses |
$6,963
|
$3.66
|
| Net Operating Income |
$41,037
|
$21.60
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $48,000 |
| Annual Per SF | $25.26 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $48,000 |
| Annual Per SF | $25.26 |
| Taxes | |
|---|---|
| Annual | $2,963 |
| Annual Per SF | $1.56 |
| Operating Expenses | |
|---|---|
| Annual | $4,000 |
| Annual Per SF | $2.11 |
| Total Expenses | |
|---|---|
| Annual | $6,963 |
| Annual Per SF | $3.66 |
| Net Operating Income | |
|---|---|
| Annual | $41,037 |
| Annual Per SF | $21.60 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,900 SF
Building Class
C
Year Built/Renovated
1910/2005
Price
$350,000
Price Per SF
$184.21
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.16 AC
Zoning
IG - General Industrial
Amenities
- Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 522-02-003 | Total Assessment | $40,845 |
| Land Assessment | $6,265 | Annual Taxes | $2,963 ($1.56/SF) |
| Improvements Assessment | $34,580 | Tax Year | 2025 |
Property Taxes
Parcel Number
522-02-003
Land Assessment
$6,265
Improvements Assessment
$34,580
Total Assessment
$40,845
Annual Taxes
$2,963 ($1.56/SF)
Tax Year
2025
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49th Street Tavern | 4129 E 49th St
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