19210 Center Street,
Wapakoneta OH, 45895
Description
Investment! Investment! Investment! Are you looking for an affordable investment property with low maintenance? This property is what you're looking for. It has been home to a US Post Office for 53 years and offers an amazing return. The USPS is currently leasing until 7/1/2025 and can be renewed for another 5 years. With this property you will not have worries with finding tenants or income for at least the next 5 years. That's huge! Updates that have been done: Roof 2010, toilet 2017, furnace 2016, gutters/down spouts/guards 2018/2019. What's really awesome is that the lease provides the owner with $6,600.00 a year the first 5 years and $7,500.00 annually the next 5 years, if renewed. USPS takes care of lawn care, snow removal, trash and utilities. Very affordable and low maintenance. An investors dream. The current owner has enjoyed this property for 16 years and is ready for a new investor to enjoy it.
Details
| MLS# | 1007541 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1967 |
| Days On Site | 50 |
Features
| SQ Feet | 500 |
|---|---|
| Zoning | Commercial |
| Acreage | 0.10 |
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Learn More About This Property
| Area Information | |
|---|---|
| State | OH |
| County | Auglaize |
| City | Wapakoneta |
| Zip Code | 45895 |
| Area | 802 Wapakonetta |
| Listing VS Median (in 45895) | |
Price: $50,000 low | high Med: $149,000 SqFt: 500 low | high Med: 1,606 $ / SqFt: $100 low | high Med: $93 On Site: 50 low | high Med: 70 | |
MLS Number: 1007541Listing Provided By:
Amanda Moening of Binkley Real Estate LLC