24 S Main Street Active

London,OH 43140

$ 400000

- Bed

0 Bath

3089 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,089 sqft

Price per Sqft $129

MLS Listing ID 224042618

Year Built 1920

Annual Tax Amount $850

Lot Size 3,049 Sqft

Property Description

24 South Main Street is an Commercial Retail Storefront in the heart of Downtown London, which has begun its transformation with hundreds of thousands of dollars being invested in the Downtown Core. This building would make an excellent owner-user or investment property with a Pro Form Cap Rate of 7+%. Highlights include:

-Hardwood floors throughout.
-Located in the Historic District of downtown London in proximity to significant redevelopment including renovated apartments and new storefronts.
-Lots of natural lights via skylights and large storefront windows.
-Abundant street parking.
-Roof and furnace have been replaced in the last 10 years. The entire property was gutted and renovated in 2012.
-The space is equipped with ceiling fans throughout, a sound system, and security

Location

State OH

County Madison

Area 0.07

Rooms

Dining Room No

Interior

Heating Forced Air

Equipment No

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