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Key Details
Sold Price $422,500
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Family Dollar And Mt. Sterling Eye Care Center
MLS Listing ID 214037242
Sold Date 01/09/23
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1991
Annual Tax Amount $10,722
Lot Size 0.890 Acres
Lot Dimensions 0.89
Property Description
Family Dollar and Mt. Sterling Eye Care Center located at 277 - 79 Yankeetown Street in Mount Sterling, OH. 100% leased Commercial Investment property. 9.860 SF on 3 parcels totaling 1.82 acres. Family Dollar in 8,460 SF since 1991 with lease through 12/31/16 with 3 - 5 year options. Mt. Sterling Eye Care Center since 1997 in 1,500 SF with lease through 11/01/17 with 5 year options. 2013 Gross Income of $66,867 which includes Family Dollar overage payment. Priced to sell at $499,000 with a 10% cap rate. Financials and leases available to qualified buyers with signed Non - Disclosure Agreement. 2 well established retailers in free standing center in Mt. Sterling. Great Investment - long term tenants!!
Location
State OH
County Madison
Community Family Dollar And Mt. Sterling Eye Care Center
Area 0.89
Zoning B-1
Rooms
Dining Room No
Interior
Heating Forced Air
Equipment No
Others
Tax ID 18-00339.001
Acceptable Financing Conventional
Listing Terms Conventional
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