106 W Main Street, Shawnee, OH 43782

$325,000

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List Price
$325,000
Status
ACTIVE
MLS#
5219024
Year Built
1880
Region
Shawnee Village
Township
Shawnee Village
Subdivision / Building
Village/Shawnee

Property Description

Unlock a rare multi-stream income opportunity in the heart of historic Shawnee, Ohio. This stunning 1880 brick building perfectly blends historic charm, turnkey commercial returns, and residential development upside.The Ultimate Commercial Anchor: Turnkey & Secured. Immediate Cash Flow: Features an active, successful first-floor bar and restaurant across 1,656 finished square feet. Guaranteed Tenancy: The current owner/operator is ready to sign a 10-year leaseback upon sale. Low-Risk Investment: Enjoy steady, predictable commercial rental income from day one with zero tenant search required. The Upstairs Opportunity: A Developer's Blank Slate. The unfinished second floor features soaring ceilings, historic architectural bones, and separate access. It is completely ready to be customized to fit your investment strategy. Option A (High-Yield STR): Convert into two premium efficiency Airbnb rentals to capture the booming local tourism, hiking, and outdoor recreation market. Option B (Stable LTR): Build out one massive, luxury long-term apartment for a reliable, passive secondary income stream.

Additional Information

Taxes
$505
Acres
0.09
Heating
Gas
Cooling
Gas
School District
Southern LSD Perry- 6404

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Listing Courtesy of: Joni Allbaugh Bissell, jonijill07@gmail.com With EXP Realty, LLC

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