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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 currently operate a successful pet grooming business and would like to lease back for several months from the Buyer, allowing for immediate rental income during the ownership transition. The property offers a recently upgraded interior, including fully new finish out in 2023, suspended ceiling with 2x4 fixtures, new epoxy coated flooring, and tile waiting area/break room along the storefront. ADA restroom, accent lighting, and parking for +/-8 cars, with additional on-street parking. Flat EPDM roof, HVAC and electrical panel 2023, re-stained wood siding, and covered porch/small deck add character to this charming property. The building is well suited for all types of small retail businesses: cafe, clothing boutique, continued use as a grooming business, hair or nail salon, barber shop, and many others. The Germantown historic district is walkable and 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. 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-Detached Retail - C-Small (Under 10,000 SF) Detached Retail; Type B-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