Location & Property Info

List Price/SqFt

246.21

City (Mailing Addr)

Shawnee

Corp LimitPerAuditor

Shawnee

Office/Contract Info

For Sale

Yes

Exchange

No

For Lease

No

Lease Rate $/Sq Ft

1.1

Remarks & Misc

Property Description

Unlock a rare multi-stream income opportunity in the heart of historic Shawnee, Ohio. This stunning 1880 brick building perfectly blends historic charm, turnkey commercial returns, and residential development upside.The Ultimate Commercial Anchor: Turnkey & Secured. Immediate Cash Flow: Features an active, successful first-floor bar and restaurant across 1,656 finished square feet. Guaranteed Tenancy: The current owner/operator is ready to sign a 10-year leaseback upon sale. Low-Risk Investment: Enjoy steady, predictable commercial rental income from day one with zero tenant search required. The Upstairs Opportunity: A Developer's Blank Slate. The unfinished second floor features soaring ceilings, historic architectural bones, and separate access. It is completely ready to be customized to fit your investment strategy. Option A (High-Yield STR): Convert into two premium efficiency Airbnb rentals to capture the booming local tourism, hiking, and outdoor recreation market. Option B (Stable LTR): Build out one massive, luxury long-term apartment for a reliable, passive secondary income stream.

Property Condition

Fixer

Yes

Updated/Remodeled

Yes

Income/Expenses

Gross Income

18000

Net Operating Income

6000

Total Expenses

12000

Addl Acceptance Cond

None Known

Yes

Heat Fuel

Gas

Yes

Services Available

Electricity Available

Yes

MLS Primary PhotoSrc

Realtor Provided

Yes

Property Features