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Price:
$698,000 
MLS #:
2428452
Lot Size:
1.79 Acres
Yr. Built:
1973
Type:
Commercial
Commercial Building - Office Building, Medical, Apartments/Housing
Taxes/Yr.:
$13,225
Address:
485-487 Richland Ave.
Athens, OH 45701
In-Town, Mixed-Use Commercial Opportunity
Possibilities abound at this large, multi-unit, mixed-use commercial complex on a 1.7 acre lot on Richland Avenue. Two story complex includes five (5) spacious 2-BR apartments, currently rented for a total gross income of $4,075. Lower level has been home to thriving orthodontist practice and includes 6 offices, large reception area, break room and a huge open area that could include cubicles, conferencing areas, additional office spaces and/or room for hipster ping-pong table if that's the kind of company you run! Current rent for this space is $2700/month and lease is up next year, though earlier vacancy possible. Lower level also includes a big unfinished area that could be developed into additional retail or office space. Once vacated, this large lower level is perfect for an owner-occupant or an investor looking to divide space and further maximize income. Property also features newly-paved lot with generous parking, on site-laundry, and potential for additional building site and outlot or split. Priced to sell!
Interior Features:
Apartments/Housing
Flooring- Carpet
Flooring- Linoleum
Flooring- Vinyl
Other Features:
Medical
Office Building
Utilities:
Natural Gas
Power: AEP
Sewer: Municipal
Water: City/Public
Listing offered by:
Russell Chamberlain - License# BRK.2007004228 with The Athens Real Estate Co., Ltd.
Map of Location:
Data Source: Listing data provided courtesy of: Athens County MLS (Data last refreshed: 08/07/22 10:55pm) - 377

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