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Key Details
Sold Price $310,000
Property Type Commercial
Sub Type Restaurant
Listing Status Sold
Purchase Type For Sale
Square Footage 2,826 sqft
Price per Sqft $109
MLS Listing ID 225038616
Sold Date 01/21/26
Year Built 1900
Annual Tax Amount $4,832
Lot Dimensions 0.21
Property Sub-Type Restaurant
Source Columbus and Central Ohio Regional MLS
Property Description
Exceptional opportunity to own a fully occupied two-unit mixed-use building with strong, stable income. Property comes with over $60,000 worth of Commercial restaurant Equipment.
The property features a street-level commercial space currently operating as a restaurant under a 5-year lease with an increase in rent over the 5 year period. Currently generating $3,200 per month with annual rent increases. The restaurant comes fully equipped with commercial-grade equipment provided by the landlord, all of which will transfer to the new owner upon sale.
The upper residential unit is leased under a 1-year agreement, providing additional steady rental income.
Both tenants are in good standing, and tenant rights apply. This is a turnkey investment ideal for those seeking reliable cash flow and minimal management in a prime mixed-use location.
Location
State OH
County Franklin
Area 0.21
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Others
Tax ID 272-000072
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Owner | License ID: 2013002395