Retail Space For Sale @ 7007 County Road 672

Consists of a unique 15,000 square foot mixed-use building and parking lot on 2 acres. The site is nestled into a breath-taking setting of farm housing and vegetation that are the hallmarks of Holmes County, Ohio where the largest concentrations of Amish population in the U. S. live. The property provides an opportunity to create a mixed-use investment that will accommodate multiple tenants in an eclectic environment. Utilizing an open-space retail concept with no hard walls, it is estimated that between 12 to 15 tenants could be accommodated in varying sizes from 200 to 2000 sq. ft. The market rents for these types of spaces can range between $25 to $30 per useable square foot. The setting and location could easily be a destination that could include a combination restaurant/food/retail environment with visibility and signage on U.S. Rt 62. The current occupant will vacate upon sale of the property.
OPPORTUNITY
An Investor/Developer can repurpose/reimagine this unique property into an exciting and attractive venue in one of Ohio’s premier visitor destinations. Demand for retail space has increased dramatically over the past year. At the same time, construction and land costs have soared making new construction of space cost-prohibitive. This existing space can be made available now to take advantage of that demand at affordable rents for the tenants. With a projected rental income of over $300,000, the return on investment is projected to be in the mid to high teens at the asking price.
Take the Virtual tour: https://www.youtube.com/watch?v=-drAgdqzQnc This space offers accomodations for: free standing building.