318 Sycamore St , New Richmond, OH

Multi-Use for Sale - $254,995 - 10,000 Sq. Ft. on 0.16 acres


Print   |   Report Error   |   Email Listing

Agent Info

NameDavid Sanders
CompanySycamore Restoration

Property Info

CIMLS #1023605
Location318 Sycamore St
New Richmond OH 45157
Last UpdatedNovember 14th, 2018
TypeMulti-Use
Price$254,995
Building10,000 Sq. Ft.
Land0.16 acres
DemographicsView data

Contact


Property Description

Commercial Real Estate (3 Buildings real estate portfolio sale )

513-518-0944

Three Buildings for Sale $254,995 Owner Retiring

(FIRST BUILDING) 100% Occupied 2 Story Building -

1st Floor Office / Retail Space Rent $ 500 plus Utilities

900 Square Feet

2nd Floor 2 Bedroom Apartment Rent $ 600 plus Utilities

850 square Feet

Improvements New Roof/ New Windows/ New Electric/ New Plumbing, New Water Meters, New Drywall Installation -

Completely Remodeled Since 2008 top to bottom

(SECOND BUILDING) 33% Occupied 3 Story Brick Building - 15-18 ft. loft ceilings Second, Third Floors,

Listed on Ohio register of historic buildings. c. 1857

1st Floor Commercial/Office, with Double Glass doors. Rent $550 plus Utilities

1190 Square Feet

2nd Floor Loft Space - Unfinished 1200 Square Feet, Rent when finished $700

3rd Floor Loft Space - Unfinished 1200 Square Feet, Rent when finished $700

2nd / 3rd floors can be 2 floor residential, two floor condo, office space or one bedroom units:

Improvements: Improvements New Roof/ New Windows/ New Electric/ New Plumbing, New Water Meters, Drywall Installation, New Floors, New Framing - Completely Remodeled Since 2009:

The loft space reflect the old mill presents and bricks

2nd / 3rd Floor under Construction, permits pulled, blue prints completed and approval

Rough Framing completed

Rough electrical in process.($30,000 dollars of electric upgrades in process)

Bidding out rough plumbing,

(THIRD BUILDING) - 3 manufacturing spaces/ Warehouses spaces plus Utilities

Warehouse Large 3,300 Total Square Feet -

100 Occupied

First Floor 1,750 Square Feet Rent $700 plus utilities

Dock Door and Drive In Door

2 phase electric installed, 3 phase available .

Second Floor 1,150 Square Feet Rent $500 plus utilities

2 phase electric installed, 3 phase available .

* Small Manufacturing 600 Square Feet Rent $365 plus Utilities, Dock Door

2 phase electric installed, 3 phase available

* Warehouse or Small Workshop 1112 Square Feet Dock Door Rent $250 plus Utilities

First Floor 28 x 21 = 587

Second Floor 25 x 21 = 525

2 phase electric installed, 3 phase available

Improvements New Roof/ New Framing, New Windows/ New Electric/ Rough Plumbing, Water Meters Installation - Complete Remodeled Since 2010

Total Monthly Rents currently about $2,500 or $30,000 a year:

When third story, second / third floors are completed approximate rents 4,500 to 5,000 per month or around $48,000 per year to $54,000


Financials

Upon Request


Location & Street View


Similar Listings