Property Listing No Longer Available for Sale

2628 S 7th St, Coshocton, OH

Industrial for Sale - $162,900 - 2,880 Sq. Ft.


Property Info

CIMLS#797136
Location
  2628 S 7th St
  Coshocton OH 43812
UpdatedApril 18th, 2016
TypeIndustrial
Price$162,900
Building2,880 Sq. Ft.

Property Description

Mixed Use Commercial- 2- 11 unit, 22 unit total storage facility 12x24 ea unit, concrete floors, 1 BR rental SFR with detached 2 car garage, 42x72 mini warehouse with heated concrete floor, plenty of insulation, loft that can be finished for office/living quarters. Coshocton Ohio, in the valley, no zoning restrictions, current cash flow- Storage Units- $990.00 mo/$11,880.00 annually, Rental- Good tenant 2 years plus, $350.00 mo/$4200.00 annually, tenant does not have access to 2 car garage, House is handicap accessible. Mini Warehouse currently used for storage, has potential of $1000.00 mo./$12,000.00 annual or use to suit your needs. 14 foot doors on either end, 16'10'' ceiling. Client stores semi and coal trailer in it and closes the doors.

Location Description:

In the Valley just outside city limits, yet city water and sewer. No zoning restrictions. Quiet, mixed residential, business. Come to the country.

Highlights:

>> No Zoning Restrictions

>> Great Cash Flow

>> Recession Proof Business

>> Mini Warehouse has many different potential uses

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Financials

Sales Info:

>> Cap rate: 9.8%

>> Commision split: 3.0%

>> NOI: $16080