2646 Hubbard Road, Madison, OH 44057

Property Description

Marquee location. FIVE unit rental opportunity in Madison Twp. Adjacent a major intersection on Rt 20 and Hubbard Road, this mixed unit, combined offering is an opportunity for aggressive portfolio expansion. Two parcels/ buildings offered together. A total of .92 acres near major traffic corner. Amazing opportunity to retro-fit and update the building, redesign the layouts, or even plan as a REDEVELOPMENT SITE with even stronger income potential. Large parking lot area with up to 18 spaces. The commercial building currently offers 4 units and a total space of 8400 square feet, with separate gas and electric. Owner pays for unified water/ sewer with the county, then historically collected on a pro-rata of usage from tenants. Residence is a three bed, one bath vintage home and garage. Extra service parking, shed for the commercial building, and single garage for the residence. Creative business owners and developers have the vision. Rare opportunity here. Rehab, rent, and hold for cash flow! Make plans for a future redevelopment of the total site.