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$325,000
Est. payment /mo
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Village/Shawnee
MLS Listing ID 5219024
HOA Y/N No
Year Built 1880
Annual Tax Amount $505
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Mixed Use
Property Description
Unlock a rare multi-stream income opportunity in the heart of historic Shawnee, Ohio. This stunning 1880 brick building perfectly blends historic charm, turnkey commercial returns, and residential development upside.The Ultimate Commercial Anchor: Turnkey & Secured. Immediate Cash Flow: Features an active, successful first-floor bar and restaurant across 1,656 finished square feet. Guaranteed Tenancy: The current owner/operator is ready to sign a 10-year leaseback upon sale. Low-Risk Investment: Enjoy steady, predictable commercial rental income from day one with zero tenant search required. The Upstairs Opportunity: A Developer's Blank Slate. The unfinished second floor features soaring ceilings, historic architectural bones, and separate access. It is completely ready to be customized to fit your investment strategy. Option A (High-Yield STR): Convert into two premium efficiency Airbnb rentals to capture the booming local tourism, hiking, and outdoor recreation market. Option B (Stable LTR): Build out one massive, luxury long-term apartment for a reliable, passive secondary income stream.
Location
State OH
County Perry
Interior
Heating Gas
Cooling Gas
Fireplace No
Exterior
Present Use Commercial,See Remarks,Unimproved
Schools
School District Southern Lsd Perry- 6404
Others
Tax ID 360005490000
Acceptable Financing Lease Back
Listing Terms Lease Back
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Listed by Joni Allbaugh Bissell • EXP Realty, LLC • jonijill07@gmail.com, 740-707-6223
Nearby Locations
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Zachary Underwood
Broker License ID: BRKP.2014000258
Broker License ID: BRKP.2014000258