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53 E Market St 1,170 SF Retail Building Germantown, OH 45327 $249,000 ($212.82/SF)
Investment Highlights
- 7,215 VPD on Market St.
- Updated interior, well maintained
- Expansive storefront glass
Executive Summary
New listing! High traffic count, freestanding retail building is now available for sale in the heart of Historic Germantown! There are 7,215 vehicles that pass this building daily. Owners would like to lease back for several months from the Buyer, allowing for immediate rental income. Recently upgraded interior, new finish out in 2023, suspended ceiling, new epoxy coated flooring, and tile waiting area.. ADA restroom, and parking for +/-8 cars, with additional on-street parking. EPDM roof, HVAC and electrical panel 2023, new wood siding, and covered porch. Could be used for many different purposes. The Germantown historic district has attractions such as the Florentine Restaurant, covered bridge, and Metro Park. Please see attached Germantown zoning permissions. Buyer is responsible for verifying approved use with the Village of Germantown. Showings by appt. only--please do not disrupt the current business/ 30% POF required prior to showing. Call Lauren Rau of Glasshouse Commercial Realty for further details #937-815-1380.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
1,170 SF
Building Class
C
Year Built
1970
Price
$249,000
Price Per SF
$212.82
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.08 AC
Zoning
C-2 - C-Small (Under 10,000 SF) Detached Retail; Type C-2 Business (See zoning resolution). Buyer to check intended use with Germantown zoning.
Parking
6 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Recessed Lighting
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | D13-00109-0059 | Improvements Assessment | $25,680 |
| Land Assessment | $5,200 | Total Assessment | $30,880 |
Property Taxes
Parcel Number
D13-00109-0059
Land Assessment
$5,200
Improvements Assessment
$25,680
Total Assessment
$30,880
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Contact the Sale Advisor
53 E Market St