
Parrott Retail & Apartments
Central Business district location with onsite and street parking
Marketing description
The property sits on a historic street (historic district) in the middle of a downtown area leading revitalization efforts and receives significant traffic from the convergence of multiple incoming routes on both sides of the property (Main St. & Central Ave/Route 122). This property is in the heart of downtown, next to the Historic, Sorg Opera House, a block from Forest Hills Country Club and across the street from a YMCA. The Great Miami River and bike path is two blocks to the west. Triple Moon Coffee is next door and it’s located within Ohio’s first DORA (Designated Outdoor Refreshment Area) District.
Prime Mixed-Use Property
Originally built in 1845, and recently renovated
5,000 sqft, 2 story building hosting 2 apartments and 1 retail space.
The apartments are each, 2 bedroom, 1.5 bathrooms laid-out in 1200 sqft.
Exposed 12ft High ceilings and modern finishes.
➢ New roof with white, TPO and insulation (40 yrs)
➢ New windows
➢ New systems in each unit
➢ New appliances & gas stoves
➢ New CCTV system and access control
➢ Oversized exterior lighting
➢ New & updated awnings
➢ One of a kind mural by artist Joshua Stout
Investment highlights
100% Leased
Annual income $67,200
Apartment Lease $1250/$1225/month
Retail (24 months) $3125
The property sits on a historic street
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