1414 E High AvenueNew Philadelphia, OH 44663

Property Description

Great business investment opportunity with unlimited commercial uses. This would be a great place to start your new business with fantastic traffic exposure! 5,250 sq. ft of storage/retail/warehouse space on .53Acres with city water and sewer. There are 3 areas of accessibility from Delaware Drive and E. High Avenue (front, back and side). Owner is retiring after starting his business there in 1979- over 47 years. Immediate possession. Includes 28' x 45' (1,260 sq. ft ) Service garage built in 1956 with 11' x 15' office, 2 service bays, maintenance room, oversized compressor, overhead gas heat (approx. 3-4 yrs old), central air conditioning in the service garage, window A/C in office, 80 gallon hot water heater, ADT alarm system and Glass Block windows. The hoist does not work and there is 1 restroom with a 2nd that was disconnected but could be utilized. 24 x 48 (1,152 sq. ft) nice steel building built in 1982 behind service garage with a new 12' garage door being installed. 30' x 40' (1,200 sq.ft.) steel building built in 1990 ideal for storage or warehouse. 20' x 82' (1,640 sq.ft.) storage bldg built in 1991 with 16 storage units: 14- 10 x 10 units that rent for $50 a month and 1- 10 x 20 unit (was previously two 10x 10 units with the wall adjoining wall removed) that rents for $100 a month. 70% are rented- 30% used by owner and have newer rollup doors and springs- potential income of $800 per month at current rental rates. The ½ acre (.53A) lot has 115' of frontage on E. High and 212' of frontage on Delaware Dr. and can park up to 30 cars. There are 2 new LED lights out in the yard, 2 electric signs, and a dusk to dawn light on the pole that stay. It's exposure makes it ideal for retail business with warehouse/ storage space. Yearly Insurance quote from Kemp Ins. $3,055. Don't miss this opportunity! Owner Financing available with $50,000-$75,000 down at 6% amortized over 20 years with a 3 year balloon payment. Call for more details

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