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955 Lippincott Road

Urbana, OH 43078
  • $549,000
  • STATUS: Active
  • ON SITE: 7 days
  • MLS #: 221019937
UPDATED: 19 min ago
$549,000
  • 0
    BEDS
  • 8.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

This is a sale of real estate, not the business. Unique opportunity for light manufacturing or storage rental business on 8 acres. Property consists of two 12,000 square foot heated, cooled, and insulated buildings. One of these is rented and bringing in $1800 per month. There is a house on the property with long term tenants that generates $800 per month income. The office building could be converted into a 3 bedroom residence for even more rental income. There is a 3400 square foot building which could use some updating but would make another good income producing building. Five acres of the land is currently being organically farmed which could be another small income source. Loading docks available for both large buildings. Very good cash flow potential for the right buyer.

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© 2021 Columbus Board of Realtors. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Raines Group | HER Realtors. Data last updated: 2021-06-16T16:51:46.873.
www.columbusohiohomesearch.com/homes/118021482
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955 Lippincott Road Urbana, OH 43078

  • Price: $549,000
  • Status: Active
  • Updated: 19 min ago
  • MLS #: 221019937
0
Beds
0
Baths
0
½ Baths
8.22
Acres
1900
Built
County:
Champaign
Area:
Urbana
Property Description
This is a sale of real estate, not the business. Unique opportunity for light manufacturing or storage rental business on 8 acres. Property consists of two 12,000 square foot heated, cooled, and insulated buildings. One of these is rented and bringing in $1800 per month. There is a house on the property with long term tenants that generates $800 per month income. The office building could be converted into a 3 bedroom residence for even more rental income. There is a 3400 square foot building which could use some updating but would make another good income producing building. Five acres of the land is currently being organically farmed which could be another small income source. Loading docks available for both large buildings. Very good cash flow potential for the right buyer.
Exterior Features

Construction Metal Docks 3.00 Drive In Doors 6.00

Interior Features

Floors Above Ground 1.00 Max Cont Sqft Avail 30996.00 Minimum Sq Ft Available 30000.00 Office Sq Ft 1152.00

Property Features

Alternate Uses CommercialOffice Auction No Between Street1 68 Between Street2 Upper Valley Pike Corp Limit Per Auditor None Electric 3 Phase For Exchange No For Lease No For Sale Yes Industrial Sub Type Multiple Uses New Financing Conventional Possession Negotiable Previous Use Warehouse/Office Services Available ElectricWell Tax District I30 Tax Year 2020 Taxes Yearly 9903.00 Township Salem Use Code 340 - LIGHT MFTG/ASSEMBLE:0-10P OFF

Listing provided courtesy of Lucia J Ober of 4 Aces Realty Llc


© 2021 Columbus Board of Realtors. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Raines Group | HER Realtors. Data last updated: 2021-06-16T16:51:46.873.
 
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The Raines Group | HER Realtors
5207 Hampsted Village Center Way
New Albany OH, 43054