707 N Cable, Lima, OH 45805
$250,000
Property Type:
Commercial Sale
Square Footage:
9,425
Lot Size (sq. ft.):
1
Status:
Closed
Current Price:
$250,000
List Date:
2/17/2020
Last Modified:
10/22/2024
Description
Attention small business owners and investors, this 4-unit, 9425 SF retail space is your next purchase. With road frontage/access to both Cable Rd. and Allentown Rd., this property is situated in a prime location. It is a 7% CAP as the property stands with two of the 4-units already leased out. This property is priced to move and will make a great cash-flowing investment or new location for your business. Property comes with over 70 spaces in front of building and on West side of Walgreens.,Retail Building Over 5000 SqFt
More Information MLS# 200708
Location Property Info
Current Price: $250,000
Original List Price: 449900
Property Sub Type: Business
Sold Price: $250,000
Status: Closed
List Date: 2020-02-17
Street #: 707
Street Direction Prefix: N
Street Name: Cable
County: Allen
State: OH
Postal Code: 45805
General Property Info
Lot Size Square Feet: 1.14
Legal Description: PT SE1/4-.035 AC CO RD EASE RTS 06-03-27
FEMA Flood Zone Y/N: No
Living Area SqFt: 9425
# Stories: 1
# Of Buildings: 1
Year Built: 1988
Traffic Count: 18000+
Tax Info
Parcel #: 36-2704-01-006.000
Tax Annual Amount: 11891.98
Tax Other Annual Assessment Amount: 10
Status Change Info
Status Change Date: 2020-08-04
Pending Date: 2020-07-17
Concession Comments: NONE
Close Date: 2020-08-04
Sold Price: $250,000
Financial Details
Net Operating Income: 28689.5
New Taxes Expense: 11891.98
Parking Features
Parking Total: 71
Property Features
Business Type: Barber/Beauty; Professional Service
Construction Materials: Block; Glass
Cooling: Central Air
Documents Available: Site Plan
Flooring: Carpet; Ceramic Tile
Heating: Forced Air; Natural Gas
Listing Terms: 1031 Exchange; Cash; Conventional
Parking Features: Private; Other
Road Frontage Type: City Street
Roof: Rubber
Sale Includes: Building & Land
Special Listing Conditions: Fair Market
Listing Office: Hartsock Realty
Last Updated: October - 22 - 2024
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