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$398,000
Est. payment /mo
0.28 Acres Lot
Price Dropped by $28K
1414 E High AVE New Philadelphia, OH 44663
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Rutledges Add
MLS Listing ID 5181121
HOA Y/N No
Year Built 1956
Annual Tax Amount $2,334
Tax Year 2025
Lot Size 0.275 Acres
Acres 0.2755
Property Sub-Type Retail
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
Location
State OH
County Tuscarawas
Rooms
Basement None
Interior
Heating Gas
Cooling Central Air, Window Unit(s)
Fireplace No
Exterior
Parking Features Garage, On Site
Water Access Desc Public
Roof Type Flat,Metal
Garage true
Building
Sewer Public Sewer
Water Public
Schools
School District New Philadelphia Csd - 7906
Others
Tax ID 4305163000

Listed by Jeffrey P Mathias • Howard Hanna • jeffmathias@howardhanna.com, 330-827-1038
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