29
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$120,000
Est. payment /mo
2,704 SqFt
New
105 West Street Palestine, OH 45352
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,704 sqft
Price per Sqft $44
Subdivision Original Townw Sd
MLS Listing ID 1043351
Year Built 1940
Annual Tax Amount $760
Tax Year 2025
Lot Size 3,484 Sqft
Lot Dimensions 28x132
Property Description
Prime opportunity for small business owners, entrepreneurs, and investors to own a versatile commercial property with multiple income streams already in place! Unit 1 is securely leased to the U.S. Postal Service through 2027 with a 5-year renewal option. Additional rental income includes a 10x12 office currently leased by the Joint Sewer District and a 1-car garage rented for storage.In the back, you'll find a vacant shop space packed with potential--featuring an 11x24 workshop with entry + overhead doors and an attached 20x19 room, offering endless options for a small business, contractor workspace, studio, or additional tenant. Upstairs is a spacious 1 bed / 1 bath apartment, perfect for an owner-occupant looking to live where you work or create even more rental income.Five potential sources of income include:1.USPS leased commercial unit2.Office rental (Joint Sewer District)3.Garage storage rental4.Rear shop/workspace tenant or business use5.Upstairs apartment rental or owner-occupied savings. A rare chance to secure a property with built-in stability + value-add upside--ideal for anyone looking to build wealth through real estate while supporting their business goals. Schedule your showing today!
Location
State OH
County Darke
Area 570 Darke County
Rooms
Basement None
Interior
Heating Hot Water, Steam, Propane
Exterior
Exterior Feature Block
Utilities Available Propane
Building
Sewer Public Sewer
Water Well
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/wrist/1043351
Listed by DJ Rose Realty and Associates
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