24 E Main Street, Centerburg, OH 43011 (MLS# 223031004)

24 E Main Street, Centerburg, OH 43011

$850,000

Property Type: Commercial Square Footage: 16,460 Lot Size (sq. ft.): 11,326 Status: Closed

Current Price: $850,000 List Date: 9/21/2023 Last Modified: 3/03/2025

Overview

Description

Great business opportunity to own one of the historic buildings in the village of Centerburg. There is a great combination of commercial space and apartments. There are six apartments with one being a 1 bedroom, 1 bath and the remaining five being 2 bedrooms, 1 bath. The commercial space is mixed use including a hair salon, antique mall, retail shop, dog groomer, financial planner, and tech support. Lots of unused space in the old Masonic Temple that could be converted for more income. The property brings in great cash flow at $9170/month. Sitting adjacent to a village park, this property is a staple on Main Street. Seller provides water, sewer and trash.

Listing Details MLS# 223031004

Location Property Info

Original List Price: 950000
Property Sub Type: Mixed Use
Street #: 24
Street PreDirection: E
Street Name: Main
Street Suffix: Street
County: Knox
State: OH
Zip Code: 43011
Township: None

OfficeContract Info

MLS Entry Date: 2023-09-21

General Property Info

Previous Use: retail/residential
Total SqFt Available: 16460
Bldg Sq Ft: 16460
Max Cont Sqft Avail: 16460
Minimum Sqft Avail: 16460
Occupancy Rate: 100
# of Floors Above Gr: 2
Year Built: 1901
Use Code: 429 - OTHER RETAIL STRUCTURES
Lot Size (Side): 132
Acreage: 0.26

Tax Info

Parcel #: 18-00535.000
Zoning: V C
Mult Parcels/Sch Dis: No
Tax Year: 2022
Tax Abatement: No
Taxes (Yrly): 4949

Status Change Info

Under Contract Date: 2023-10-23
Sold Date: 2023-10-31
Sold Price/SqFt: 51.64

Financials

Gross Rental Income: 110040

More Information

Auction Info

Auction/Online Bidding Y/N: No

Sale Info

Seller Assisted Fin: Y
Seller/Buyer Concessions: N

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: Building Insurance; Repairs; RE Taxes Heat Fuel: Electric; Gas Heat Type: Forced Air; Other Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Construction: Block Sprinkler: None Business Type: Multi-Family; Professional/Office; Residential; Retail MLS Primary PhotoSrc: Realtor Provided

Listing Office: RE/MAX Peak

Listing Agent: Tyler R Griffith

Last Updated: March - 03 - 2025

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