717 N Main St, Findlay, OH 45840

$725,000
3
BA

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Property Description

Historic Colonial Style Commercial building currently leased to Insurance Agency. Property comes with 5 additional income generating apartments and is located on historic main street Findlay. Three of the apartments are currently leased with remaining 2 cleaned and ready for tenants. Set up as open flow office with 2 floors of space available for offices and/or rented space separately. Full kitchen on 1st and 2nd floors with 3 full restrooms on both floors. This historical home has beautifully restored original oak hardwood floors and trim throughout with 2 working fireplaces giving it a historical feel in a modern day office setting. Properties both have new siding, roof, soffit and gutter install (less than 10 years). Main unit has a large dry basement/storage area and is serviced by a new (5 years) hot water boiler which easily heats the spacious buildings. Upgraded with a new electrical install with full on demand backup generator to maintain business continuity during storm/power outage events. Plumbing has all been updated with modern installation and zoned shut off to facilitate easy maintenance when needed. The current business tenant pays $3300/month and is interested in remaining with the sale provided agreement can be reached. The 3 apartment units currently rented generate $2400/month with 2 remaining not yet leased will easily generate an additional $1800/month or more. The property operates with net income currently with Rental/lease Income paying all operating expenses including insurance/taxes!! Property is in excellent condition with all the upgrades already completed by the owner. Property is turn-key ready for an investor purchase. Don't miss this fantastic opportunity to own an income generating historical property on main street Findlay!!!!!

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Listing courtesy of Listing Agent: Thomas Ross (thomasross24@att.net) from Listing Office: American Realty Partners Corp.