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28895599

340 Martin St, Greenville, OH 45331 For Sale

GPS Computer Services & More, LLC
Listed by GPS Computer Services & More, LLC
$185,000
226 days on market
Updated 75 days ago

Martin Street Retail

Details
APN F27-2-212-35-01-05-16400
Property Type Retail
Sub Type Storefront
Square Footage 2,588
Net Rentable (SqFt) 2,588
Units 2
Cap Rate 8.51%
NOI $15,739
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $71
Year Built 1934
Year Renovated 2010
Buildings 1
Stories 1
Acreage 0.133
Zoning GB General Business
Investment Type Value Add
Ground Lease No
Sale Condition For sale by owner

Well-Maintained Commercial Property with Recent Roof Replacement & Stable Tenancy

Marketing description

Prime Two-Unit Commercial Property with Long-Term Tenants & Recent Upgrades

Discover a well-maintained two-unit commercial building offering stable, long-term tenancy and strong curb appeal. Located on Martin Street, this property features two established tenants who have occupied the building since its full renovation in 2010—providing a reliable income stream and minimal turnover.

Both units have been meticulously cared for, and the overall building is in excellent condition. The 350 Martin unit recently received a new roof, adding value and reducing future capital expenditure for the next owner. With modern updates, solid construction, and consistent occupancy, this property is ideal for investors seeking a turnkey, low-maintenance asset.

Whether you’re expanding your portfolio or looking for a dependable, income-producing property, 340 & 350 Martin Street presents an outstanding opportunity with proven performance and continued upside.

Investment highlights

  1. Stable, Long-Term Tenancy – Both units have been occupied by the same tenants since the full renovation in 2010, ensuring reliable cash flow and minimal vacancy risk.

  2. Turnkey Condition – Property is exceptionally well-maintained with modern updates from the 2010 remodel.

  3. Recent Roof Replacement – The 350 Martin unit received a brand-new roof, reducing future capital expenditures for the next owner.

  4. Two-Unit Flexibility – Diversified income stream with two separate commercial units, ideal for portfolio stability.

  5. Low Maintenance Asset – Strong tenant history and updated building systems create a low-touch, investor-friendly opportunity.

  6. Solid Location – Situated on Martin Street in an established commercial area with consistent demand for small commercial space.

  7. Attractive for Both New and Seasoned Investors – Offers immediate income, strong tenant retention, and long-term stability.

Listing Contacts

GPS Computer Services & More, LLC
Listed by GPS Computer Services & More, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$15,739.00
$1,311.58/mo

Valuation Metrics

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DSCR
8.51%
Cap Rate
8.51%
ROI

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