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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23377950
23377951

23359 Coshocton Rd, Howard, OH 43028 For Sale

ES
OH Ohio 2020005787
Realistar
Listed by Realistar
$245,000
438 days on market
Updated 17 days ago

23359 Coshocton Rd

Details
APN 21-00261.000 Map Number
Property Type Mixed Use, Multifamily (+1)
Sub Type Single Family Rental Portfolio, Storefront
Square Footage 3,600
Cap Rate 10.24%
NOI $25,086
Occupancy 100%
Tenancy Multi
Brand/Tenant USPS
Lease Type Modified
Lease Term 5
Lease Expiration 11/30/2027
Remaining Term 1.3
Rent Bumps No
Broker Co-Op Yes
Year Built 1900
Stories 2
Acreage 0.143
Zoning Commercial
Tenant Credit Credit Rated
Lease Commencement 12/01/2022
Ground Lease No

Prime Mixed-Use Investment Opportunity in Howard, Ohio — Anchored by the U.S. Post Office

Marketing description

Prime Mixed-Use Investment Opportunity in Howard, Ohio — Anchored by the U.S. Post Office

Unlock the potential of this 3,600 SF mixed-use building located in the heart of Howard, Ohio. Fully occupied and generating $30,800 in annual revenue, this property is an ideal addition to any investor’s portfolio. The ground floor is leased to the U.S. Post Office through November 30, 2027, providing stable and reliable income from a nationally recognized tenant. The upper level includes a spacious four-bedroom apartment with a month-to-month tenant, offering flexibility for increased rental income or owner occupancy. Please call the listing agent for more information and do not disturb the tenants.

Investment highlights

  • 3,600 total square feet of usable space
  • Strong-performing commercial tenant (U.S. Post Office)
  • Residential unit with four bedrooms and separate access
  • Current total annual income: $30,800
  • Desirable Howard location with community foot traffic
  • Zoned for mixed-use with potential for future redevelopment or upgrades

Whether you're looking to expand your investment portfolio or secure a property with reliable income and upside potential, this building offers both immediate returns and long-term value.

Listing Contacts

ES
OH Ohio 2020005787
Realistar
Listed by Realistar

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$25,086.00
$2,090.50/mo

Valuation Metrics

0
DSCR
10.24%
Cap Rate
10.24%
ROI

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Additional Information

Name
Emily Stephen
License
Ohio 2020005787
Brokerage
Realistar
Brokerage Phone
614-655-1600
Title
Real Estate Agent
Brokerage Address
511 Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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