121 E Main St - Storefront Retail/Residential FOR SALE


Troy, OH 45373
$850,000 USD
937-726-7910
121 E Main St, Troy, OH for Sale
$850,000 USD
Storefront Retail/Residential - FOR SALE
1/95
null | 8.95% Cap Rate

NEW


121 E Main St
Troy, OH 45373


HIGHLIGHTS

  • 100% Leased
  • 2024 Renovated
  • Multi-tenant
  • Downtown Troy Historical
  • Tax Abatements!

OVERVIEW

Troy’s original hotel, The Hatfield House, is For Sale! This incredible opportunity to purchase one of Troy’s historic downtown buildings won’t last long. It’s in close proximity to restaurants and shops downtown. This 3 story mixed commercial and residential complex has had substantial updates to electrical wiring, panel boxes, plumbing, flooring, windows and much more! There are 2 commercial tenants that include a salon and a reading therapist. The 9 residential units are in 3 cluster groups with shared common spaces. The units are furnished and include utilities which are primarily occupied by local Hobart Welding School students. The building has a shared laundry facility with 2 sets of washers and dryers. The 3rd floor is a blank slate for redevelopment and once was several hotel rooms. The property is in Troy’s historic district and is zoned central business district. Separate gas and electrical meters exist, and the commercial tenants pay their own utilities. The water and garbage are paid by Landlord. Landlord owned appliances and furnishings will convey. Cooling with portable window units.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

8.95%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Hatfield House

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1841

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,311 SF

ZONING

Central Business

APN/PARCEL ID

D08000820

ASK ABOUT THIS PROPERTY

Scott StrayerColdwell Banker HeritageMore Info
937-726-7910

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Scott StrayerColdwell Banker HeritageMore Info
937-726-7910

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.