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26947275
26947277

111 W Main Street, Bremen, OH 43107

ME
OH 2024000028
The Westwood Real Estate
DS
OH 2018005015
The Westwood Real Estate
Listed by The Westwood Real Estate
$289,000
269 days on market
Updated 20 days ago

111 W Main Street

Details
APN 03-50139-200
Property Type Mixed Use
Sub Type Mixed Use
Square Footage 3,156
Net Rentable (SqFt) 3,156
Units 1
Pro-Forma Cap Rate 9.33%
Pro-Forma NOI $26,964
Price per SqFt $92
Broker Co-Op Yes
Year Built 1910
Year Renovated 2018
Stories 2
Acreage 0.040
Investment Type Owner/User

Retail and Apartment/Short Term Rental | 9.00% CAP | 1 Unit

Marketing description

3,156 Retail and Apartment/Short Term Rental Great Owner/User Opportunity or an Investor with a Pro Forma Cap Rate of 9%++. Property Overview: Formerly operated as a Coffee Shop & Bakery, meticulously renovated 3,156 SF building offers a turnkey combination of Retail Space on the first floor, with a cash flowing Apartment, AirBnB and/or living quarters on the second floor. Property Highlights: *Retail Space: 1,656 SF with a separate front entrance, ideal for customer-facing operations for restaurant, retail, or office. *Current Equipment/Furnishing Included for both Retail Space & Residential - TURNKEY *Apartment Space: 1,500 SF with a separate entry *Historic Charm & Character will full renovations throughout the building *New Public Space next to building which hosts summer weekend concerts *Having both retail space (first floor) and residential (upstairs) means diversified income *Being on Main St. gives great visibility for retail tenants, foot traffic, ease of access. *Great Owner/User Opportunity or an Investor with a Pro Forma Cap Rate of 9%++.

Investment highlights

Property Highlights:

  • Great Owner/User Opportunity or an Investor with a Pro Forma Cap Rate of 9%++.

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Listing Contacts

ME
OH 2024000028
The Westwood Real Estate
DS
OH 2018005015
The Westwood Real Estate
Listed by The Westwood Real Estate

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Additional Information

Name
Matt Edwards
License
2024000028
Brokerage
Westwood Commercial Real Estate Co.
Brokerage Phone
614-710-1707
Title
Commercial Agent
Name
Doug Smith
License
2018005015
Brokerage
Westwood Real Estate
Brokerage Address
3914 Brown Park Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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