4268 Erie AveNavarre, OH 44662

For Sale
$649,900

High-traffic location, strong cash flow.

Overview

Added:
Feb 3
Days on market:
39
This exceptional mixed-use property in Navarre, Ohio, presents a lucrative investment opportunity. Situated on a 0.97-acre lot at 4268 Erie Avenue SW, on high-traffic State Route 21, just south of the intersection with Navarre Road, the property comprises a three-unit all-brick professional office building, two long-term rented residential homes (month-to-month leases), and a large storage building with seven currently rented units. The office building features a spacious upper unit with six offices, a breakroom/kitchenette, restrooms, and a large conference room. The lower level houses two additional occupied commercial units. The entire property generates an annual cash flow exceeding $78,000, excluding the upper office unit currently occupied by the owner. This turnkey investment is ideal for an owner-user seeking a high-return property in a desirable location. The combination of office, residential, and storage units provides diverse income streams and significant potential for future growth. Don't miss this chance to acquire a well-established, cash-flowing property in a prime commercial area.

Property Details for 4268 Erie Ave

Property type
Mixed-use properties, Other mixed-use properties
Year Built
1945
Lot Size (sq. ft)
42,253 SF

Location Insight

City
Navarre
County
Stark
State
Ohio
Latitude
40.74661
Longitude
-81.51559
4268 Erie Ave, Navarre, Ohio

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4268 Erie Ave
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