1490 E Us Highway 36, Urbana, OH 43078

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Sold Price
$1,200,000
List Price
$1,200,000
Status
CLOSED
Days on Market
108
Closing Date
Mar 27, 2026
MLS#
1042875
Subtype
Commercial Sale
Year Built
1999
Living Area
15,988
Lot Size
41,382
Acres
0.95
Subdivision
Salcon Park
Neighborhood
340 Urbana Township
MLS Area Major
Urbana Township

Property Description

Prime investment opportunity with tremendous upside! This two-story commercial building features 40 units and offers solid fundamentals along with a versatile blank canvas for cosmetic upgrades and creative rebranding. The property provides an operator with a wide range of possibilities to elevate rents, modernize interiors, and unlock additional revenue streams. Key features include an onsite laundry facility with commercial grade plumbing and venting, ample private parking, and a lobby and reception area with an entrance highlighted by a covered porte-cochere. A rare opportunity to acquire a well maintained asset with substantial potential for growth and income enhancement.

Additional Information

Heating
Electric
Air Conditioning
Central Air, Window/Wall
Parking Features
Parking Lot, On Site, Private

Courtesy of RE/MAX Alliance Realty

Selling Office: WR.

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Calculator source: Real Geeks