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Key Details
Sold Price $630,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Orwell Village
MLS Listing ID 5049438
Sold Date 09/19/24
HOA Y/N No
Year Built 1993
Annual Tax Amount $5,631
Tax Year 2023
Lot Size 3.280 Acres
Acres 3.28
Property Description
Unlock the Potential: This 3.28-acre property is a rare gem offering three versatile buildings, each with opportunities for savvy investors and business owners. From a fully equipped child care center to a rental residence and a multifunctional commercial space, this property is a canvas ready for your vision. Building A: A former fully operational child care center, previously known as Choice Child Care. Spanning 5800 square feet, this building is a beacon for child care needs, having served up to 135 children at its peak. It comes with an extensive array of learning materials and furnishings, making it truly turn-key. The demand for child care is insatiable, presenting a golden opportunity for continued success or even expansion. And the versatility doesn't stop there. This space can easily transform to suit various commercial needs, adding to its allure. Building B: Also on the property is a 2-bedroom, 2-bathroom home. Currently tenant-occupied with a reliable month-to-month lease generating $900 per month, this HUD-certified residence adds a steady income stream. Tenants cover gas, while owners pay electric, water, sewer, and garbage pick-up. This offers stability and flexibility, making it a complement to the potentials of the property. Building C: A dynamic space that's ready to meet your entrepreneurial ambitions. With 3-phase electric power, it's perfect for a shop, office, or storage facility. Licensed to accommodate 49 children, it's also an ideal extension for child care activities, ensuring you can expand your services seamlessly. The second floor features an office space, kitchenette, and a balcony with views of the property. The attached garage/workshop area with a loft provides additional storage or workspace, further enhancing its utility. This is more than just a property?it's a gateway to multiple streams of income and endless possibilities.
Location
State OH
County Ashtabula
Community Playground
Interior
Heating Forced Air, Gas
Cooling Central Air, Window Unit(s)
Fireplace No
Exterior
Garage Additional Parking, Common, Driveway, Garage, Gravel, Open
Fence Back Yard, Chain Link
Community Features Playground
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Grand Valley Lsd - 405
Others
Tax ID 390140000400
Security Features Fire Alarm
Acceptable Financing Other
Listing Terms Other
Financing Seller Financing
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Bought with Joseph A Zingales • Berkshire Hathaway HomeServices Professional Realty