$235,000
$258,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
135 N Chestnut ST Jefferson, OH 44047
0.43 Acres Lot
Key Details
Sold Price $235,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Jefferson Village
MLS Listing ID 5099619
Sold Date 03/21/25
HOA Y/N No
Year Built 1970
Annual Tax Amount $2,108
Tax Year 2024
Lot Size 0.429 Acres
Acres 0.4291
Property Sub-Type Retail
Property Description
Income Property Alert! This approximately 0.43 Acre property in the Village of Jefferson is known as the local Subway restaurant! The business is not included in the sale. The +/- 1,330 SF building is leased on a long-term basis to a stable tenant. Current rent is $1,808.32/month with 3% annual increases; 10year lease began 2 years ago & includes additional optional renewals. Tenant is responsible for all interior maintenance and maintenance of the driveway. Additional details available upon request. Purchase this property & simply continue collecting rents with a long-term stable tenant in place.
Location
State OH
County Ashtabula
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features On Site, Parking Lot
Fence Partial, Privacy
Water Access Desc Public
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Jefferson Area Lsd - 406
Others
Tax ID 260190011600
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Shawni L Marich • Platinum Real Estate