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South Main Street 150 - Retail/Office/Apartments

Retail or Office Building with Rental Apartments
Retail or Office Building with Rental Apartments
Property Availability
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Address: 150 South Main Street
Locality: City of Wadsworth
County: Medina County
State: OH
Within City Limits: Yes
Available (Sq. Feet): 5,776
Site Size (Acres): 0.1
Ceiling Peak (Feet): 12.0
Year Built: 1919
Primary Building Type: Office
Secondary Building Type:
Construction Type: Brick
Former Use: Dance Studio and Apartments
Zoning: Central Business District
Expandable: No
Can Subdivide: Yes
Specialty Feature: 2,876 SF first floor retail or office space and 2,876 SF second floor with two leased apartments
Rail Availability:
Distance from limited access highway:
Sale Price: $300,000
Lease Rate Per (Sq. Ft. / per Year):
Lease Terms:
Description:
Property Description:
150 South Main Street is a 5,776 square feet, two-story brick building in downtown Wadsworth, Ohio that was built in 1919. The property is zoned Central Business District.  The asking price is $300,000 and the annual taxes are $2,379.
 
The first floor of the building is 2,876 square feet and can be used for either office or retail. There are large windows fronting on the street and giving the space good visibility to foot and vehicle traffic. The space is currently utilized as a dance studio and  is configured with a lobby, two dance studios, one small office, and a restroom. Ceiling height is 12 feet.
 
The second floor is 2,900 square feet and contains to income producing leased apartments. Each apartment has three bedrooms and a bath. They rent for $700 per month and $750 per month.
 
Signage is permitted on the front of the building and on the front window. There is free public parking on the street in front of the building and in a large parking lot behind the building. There is one 6 feet by 8 feet grade level door at the rear of the building, and a 25 feet by 4 feet canopy over the sidewalk on the front of the building.
 
 
Location Description:
150 South Main Street is located just south of the main historic downtown intersection in the City of Wadsworth, southeastern Medina County, Northeast Ohio.  It is only four miles south of the I-76 and SR-94 interchange for easy access to Akron, Canton, Columbus, Cleveland and the Akron-Canton Airport. 
This is a high traffic area with a daily traffic count at this location of 12,360. The historic downtown is a vibrant part of the City, with numerous businesses. Throughout the year, the downtown 'Square' is often used for special events, such as the annual 'Blue Tip Match Festival Parade and Celebration', summer concerts, an herb and craft festival, sidewalk sales, and more.
 
 
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