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$ 139,900
Est. payment | /mo
1,768 SqFt
$ 139,900
Est. payment | /mo
1,768 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,768 sqft
Price per Sqft $79
MLS Listing ID 226040815
Year Built 1920
Annual Tax Amount $1,239
Lot Size 2,178 Sqft
Lot Dimensions 0.05
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
Excellent investment opportunity in downtown Mount Gilead! This charming commercial/mixed use property offers established income with a fully renovated first-floor hair salon and a second-floor residential unit occupied by a long-time tenant. Whether you're looking to expand your investment portfolio or establish your own business while benefiting from rental income, this property offers versatility and immediate income potential. The first-floor salon has been extensively updated in recent years, including flooring, plumbing, paint, a water heater, and more, providing an inviting space for business operations. The upper-level residential unit features an eat-in kitchen, full bath, spacious bedroom, and living area, offering comfortable accommodations and established rental income. The upstairs water heater was replaced in 2024.
Additional improvements include a brand new covered rear deck/porch and staircase providing access to the upper level, fresh gravel in the rear patio area, a newly re-sealed roof with a 10-year product warranty, and new rear gutters. Parking is another valuable feature, with private parking behind the building, additional adjoining public parking, and convenient on-street parking. The public parking area also features an updated mural and picnic-table seating area for community use. Take advantage of this opportunity to own a well-maintained, income-producing property in the heart of downtown Mount Gilead, with established tenants, recent improvements, and excellent potential for your next investment.
Rent amounts and copy of leases will be available upon request with a qualified buyer. Owner pays water/sewer/trash (all shared on one meter). Tenants pay electric, gas, internet. 24 hour notice required for all showings, and limited hours due to hours of salon.
Additional improvements include a brand new covered rear deck/porch and staircase providing access to the upper level, fresh gravel in the rear patio area, a newly re-sealed roof with a 10-year product warranty, and new rear gutters. Parking is another valuable feature, with private parking behind the building, additional adjoining public parking, and convenient on-street parking. The public parking area also features an updated mural and picnic-table seating area for community use. Take advantage of this opportunity to own a well-maintained, income-producing property in the heart of downtown Mount Gilead, with established tenants, recent improvements, and excellent potential for your next investment.
Rent amounts and copy of leases will be available upon request with a qualified buyer. Owner pays water/sewer/trash (all shared on one meter). Tenants pay electric, gas, internet. 24 hour notice required for all showings, and limited hours due to hours of salon.
Location
State OH
County Morrow
Area 0.05
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Others
Tax ID G20-0140002300
Listed by Cheyenne A Peck Howard Hanna - Main Office
NEARBY SCHOOL & BUSINESS
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