24 S Main Street, London, OH 43140

$369,900
Property Type: Commercial Square Footage: 3,089 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $369,900 List Date: 11/11/2025 Last Modified: 3/31/2026

Overview

Description

24 South Main Street is an Commercial Retail Storefront in the heart of Downtown London, which 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+%. Highlights include: -Hardwood floors throughout. -Located in the Historic District of downtown London in proximity to significant redevelopment including renovated apartments and new storefronts. -Lots of natural lights via skylights and large storefront windows. -Abundant street parking. -Roof and furnace have been replaced in the last 10 years. The entire property was gutted and renovated in 2012. -The space is equipped with ceiling fans throughout, a sound system, and security

Listing Details MLS# 224042618

Location Property Info

Original List Price
400000
Property Sub Type
Retail
Street #
24
Street PreDirection
S
Street Name
Main
Street Suffix
Street
County
Madison
State
OH
Zip Code
43140
Township
None

OfficeContract Info

MLS Entry Date
2024-12-09

General Property Info

Total SqFt Available
3089
Bldg Sq Ft
3089
Max Cont Sqft Avail
3089
Minimum Sqft Avail
3089
Year Built
1920
Use Code
447 - OFFICE BLDG 1 AND 2 STORY
Lot Size (Side)
132
Acreage
0.07
# of Docks
0

Tax Info

Parcel #
31-01470.000
Tax Year
2023
Tax Abatement
No
Taxes (Yrly)
850

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
119.75
City (Mailing Addr)
London
Corp LimitPerAuditor
London

More Information

Office/Contract Info

For Sale
Yes
Exchange
No
For Lease
No
Lease Rate $/Sq Ft
0

Remarks & Misc

Property Description
24 South Main Street is an Commercial Retail Storefront in the heart of Downtown London, which 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+%. Highlights include: -Hardwood floors throughout. -Located in the Historic District of downtown London in proximity to significant redevelopment including renovated apartments and new storefronts. -Lots of natural lights via skylights and large storefront windows. -Abundant street parking. -Roof and furnace have been replaced in the last 10 years. The entire property was gutted and renovated in 2012. -The space is equipped with ceiling fans throughout, a sound system, and security

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

T Reimburses L

Curr Yr Est $/SF TRL
0

Construction

Brick
Yes

Heat Fuel

Gas
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Heat Type

Forced Air
Yes

Electric

Single Phase
Yes

Sprinkler

None
Yes

Business Type

Professional/Office
Yes
Restaurant
Yes
Retail
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Heat Fuel: Gas Heat Type: Forced Air Electric: Single Phase Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Construction: Brick Sprinkler: None Business Type: Professional/Office; Restaurant; Retail MLS Primary PhotoSrc: Realtor Provided
Listing Office: The Westwood Real Estate Co.
Listing Agent: Douglas D Smith
Last Updated: March - 31 - 2026
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