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24 S Main St

3,089 SF Retail Building London, OH 43140 $566,968 CAD ($184 CAD/SF)

Investment Highlights

  • Beautifully renovated, move-in ready, commercial retail building that could also be an office, or other uses.
  • Located in the Historic District of downtown London in proximity to significant redevelopment including renovated apartments and new storefronts.
  • Roof and furnace have been replaced in the last 10 years. The entire property was gutted and renovated in 2012.
  • Hardwood floors throughout.
  • Lots of natural lights via skylights and large storefront windows.
  • The space is equipped with ceiling fans throughout, a sound system, ADT security, and is well insulated.

Executive Summary

24 South Main Street is an Commercial Retail Storefront in the heart of Downtown London Ohio. London has begun its transformation with hundreds of thousands of dollars being invested in the Downtown Core. This building would make an excellent owner-user or investment property with a Pro Form Cap Rate of 7+% (See Marketing Package).
The property has been well maintained, has an abundance of natural light via large storefront windows and skylights, and was completely renovated in 2012.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,089 SF
Building Class
C
Year Built/Renovated
1920/2012
Price
$566,968 CAD
Price Per SF
$184 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.01
Land Acres
0.07 AC
Frontage
22 ft on S Main ST

Amenities

  • Security System
  • Signage
  • Skylights
  • Storage Space
  • Air Conditioning
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31-01470.000
Land Assessment
$6,169 CAD
Improvements Assessment
$21,636 CAD
Total Assessment
$27,805 CAD
  • Listing ID: 34132522

  • Date on Market: 2024-12-09

  • Last Updated:

  • Address: 24 S Main St, London, OH 43140

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