$100.00 Per Sq Foot

19210 Center Street

Wapakoneta OH, 45895

Description

Investment! Investment! Investment! Are you looking for an affordable investment property with low maintenance? This property is what you're looking for. It has been home to a US Post Office for 53 years and offers an amazing return. The USPS is currently leasing until 7/1/2025 and can be renewed for another 5 years. With this property you will not have worries with finding tenants or income for at least the next 5 years. That's huge! Updates that have been done: Roof 2010, toilet 2017, furnace 2016, gutters/down spouts/guards 2018/2019. What's really awesome is that the lease provides the owner with $6,600.00 a year the first 5 years and $7,500.00 annually the next 5 years, if renewed. USPS takes care of lawn care, snow removal, trash and utilities. Very affordable and low maintenance. An investors dream. The current owner has enjoyed this property for 16 years and is ready for a new investor to enjoy it.

Details

MLS#1007541
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1967
Days On Site41

Features

SQ Feet500
ZoningCommercial
Acreage0.10
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Area Information
StateOH
CountyAuglaize
CityWapakoneta
Zip Code45895
Area802 Wapakonetta
Listing VS Median (in 45895)
Price:
$50,000
low | high
Med:
$164,900
100% of Average
SqFt:
500
low | high
Med:
2,155
100% of Average
$ / SqFt:
$100
low | high
Med:
$77
73.480278422274% of Average
On Site:
41
low | high
Med:
12
100% of Average
Listing Updated: January 17, 2021 12:00:09 AM PST
Amanda Moening LogoMLS Number: 1007541
Listing Provided By:
Amanda Moening  of  Binkley Real Estate LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the West Ohio Board of REALTORS®.