$392,500
$400,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
1,920 SqFt
SOLD DATE : 06/16/2025
Key Details
Sold Price $392,500
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $204
MLS Listing ID 1841049
Sold Date 06/16/25
Year Built 1900
Lot Size 1,589 Sqft
Property Sub-Type Commercial
Source Cincinnati Multiple Listing Service
Property Description
Versatile mixed-use property in downtown Blanchester with strong cash flow and luxury Airbnb upside (think Nike Equestrian Center clients)! Real estate includes 2 parcels featuring dual storefronts and 3 upstairs residential units. One commercial space is currently rented, as are two of the apartments. The third unit is a fully furnished Airbnb that's newly remodeled and ready to rent. Current gross rent is $3,950/mo with room to increase once the vacant retail space and Airbnb are fully activated. Projected cap rate over 7.5%. Ideal for investors seeking stable income and short-term rental potential. Please do not disturb tenants. Business not included in sale.
Location
State OH
County Clinton
Area Clinton-E32
Zoning Commercial
Rooms
Basement Partial
Interior
Heating Baseboard, Forced Air, Gas
Cooling Central Air, Window Unit
Flooring Carpet, Wood
Exterior
View Y/N No
Water Access Desc Public
Roof Type Membrane
Building
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
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Bought with eXp Realty