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$ 1,200,000
Est. payment | /mo
15,988 SqFt
$ 1,200,000
Est. payment | /mo
15,988 SqFt
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
Square Footage 15,988 sqft
Price per Sqft $75
Subdivision Salcon Park
MLS Listing ID 1042875
Year Built 1999
Annual Tax Amount $22,896
Tax Year 2025
Lot Size 0.950 Acres
Lot Dimensions *
Property Description
Prime investment opportunity with tremendous upside! This two-story commercial building features 40 units and offers solid fundamentals along with a versatile blank canvas for cosmetic upgrades and creative rebranding. The property provides an operator with a wide range of possibilities to elevate rents, modernize interiors, and unlock additional revenue streams. Key features include an onsite laundry facility with commercial grade plumbing and venting, ample private parking, and a lobby and reception area with an entrance highlighted by a covered porte-cochere. A rare opportunity to acquire a well maintained asset with substantial potential for growth and income enhancement.
Location
State OH
County Champaign
Area 340 Urbana Township
Rooms
Basement None
Interior
Heating Electric
Cooling Central Air, Wall Unit(s)
Exterior
Exterior Feature Brick, Vinyl Siding
Utilities Available Natural Gas Connected
Building
Sewer Public Sewer
Water Supplied Water
Others
Financing Cash,Conventional
Listed by RE/MAX Alliance Realty