1606 Columbus Avenue, Ashtabula, OH 44004
sale
$349,900
|
Other
Courtesy Of McDowell Homes Real Estate Services
Exceptional mixed-use investment opportunity featuring a commercial building, income-producing storage rental units, and a duplex. The commercial space can be possibly utilized as a pizza shop, deli, storefront etc. with potential rent up to $1500/mo. and includes commercial-grade sinks, wash station equipment, grease trap, handicap-accessible entrance and restroom, and Health Department-approved restaurant infrastructure. Recent improvements updated electrical and plumbing systems, fresh exterior paint, and a front concrete slab installed approximately two years ago. Gas forced-air heat serves the property. Additional income is generated from 11 heated storage units currently renting for approximately $80 per month each, offering front-door access. The attached brick duplex offers two residential units. One unit features 2 bedrooms, 1 bath, living room, family room, and an attached one-car garage (Owner occupied with basement tenant paying $500/mo). The second unit offers 3 bedrooms and 1 bath with $675/mo income. Residential tenants are currently on month-to-month basis. A versatile opportunity for investors, business owners, or those seeking a property with multiple income streams. Buyers should verify all uses, zoning, rental income, and measurements.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: 11 SCOTTS
- MLSID: 5217500
- Roof Type: Asphalt
- Roof Type: Fiberglass
- Roof Type: Rubber
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