Unlock a rare multi-stream income opportunity in the heart of historic Shawnee, Ohio. This stunning 1880 brick building perfectly blends historic charm, turnkey commercial returns, and residential development upside.The Ultimate Commercial Anchor: Turnkey & Secured. Immediate Cash Flow: Features an active, successful first-floor bar and restaurant across 1,656 finished square feet. Guaranteed Tenancy: The current owner/operator is ready to sign a 10-year leaseback upon sale. Low-Risk Investment: Enjoy steady, predictable commercial rental income from day one with zero tenant search required. The Upstairs Opportunity: A Developer's Blank Slate. The unfinished second floor features soaring ceilings, historic architectural bones, and separate access. It is completely ready to be customized to fit your investment strategy. Option A (High-Yield STR): Convert into two premium efficiency Airbnb rentals to capture the booming local tourism, hiking, and outdoor recreation market. Option B (Stable LTR): Build out one massive, luxury long-term apartment for a reliable, passive secondary income stream.
| MLS # | 226022018 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1880 |
| Days On Site | 89 |
| Listing Provided By | EXP Realty, LLC | Joni Allbaugh Bissell |
| SQ Feet | 2,976 |
|---|---|
| Story(s) | 2 |
| Acreage | 0.09 |
| Property | 505 |
|---|
| State | OH |
|---|---|
| County | Perry |
| City | Shawnee |
| Zip Code | 43782 |
| Listing VS Median (in 43782) | |
Price: $325,000 low | high Med: $437,450 sqft: 2,976 low | high Med: 2,824 $ / sqft: $109 low | high Med: $158 On site: 89 low | high Med: 73 | |
| State | OH |
|---|---|
| County | Perry |
| City | Shawnee |
| Zip Code | 43782 |
| Listing VS Median (in 43782) | |
Price: $325,000 low | high Med: $437,450 sqft: 2,976 low | high Med: 2,824 $ / sqft: $109 low | high Med: $158 On site: 89 low | high Med: 73 | |