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$499,000
Est. payment /mo
1.3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision North Prospect Place
MLS Listing ID 5133026
HOA Y/N No
Year Built 1950
Annual Tax Amount $5,291
Tax Year 2024
Lot Size 1.300 Acres
Acres 1.3
Property Sub-Type Retail
Property Description
**Discover Your Next Great Investment: Prime Commercial Property & Established Dealership on Route 20!**
Seize an unparalleled opportunity to own a significant commercial property at **745 East Main Street, Geneva, Ohio**. This expansive 1.3-acre commercial parcel, located directly on high-traffic **Route 20 in Geneva Township**, is currently operating as a successful car dealership.
**What makes this opportunity stand out?**
* **Strategic Location:** Positioned on a prime commercial thoroughfare, the property enjoys excellent visibility and accessibility.
* **Exclusive Market Advantage:** Benefit from the local zoning, which **prohibits new car dealerships within Geneva city limits**, ensuring reduced competition for your business.
* **Turnkey Business & Property:** This isn't just a real estate purchase; it's a chance to acquire the **ownership of an established car dealership**.
* **Generous Space:** The property boasts **over 13,000 square feet** of built space, providing ample room for showroom, offices, and service areas.
* **Attractive Offer:** For an investment of just **\$120,000**, you receive not only the property but also a **2-year lease** of the current dealership operation, allowing for immediate income and a smooth transition into ownership.
**745 East Main** is classified as a "C - COMMERCIAL" property with a strong tax history, making it a sound and promising investment.
Don't miss this unique opportunity to step into a thriving market with a significant competitive edge!
Seize an unparalleled opportunity to own a significant commercial property at **745 East Main Street, Geneva, Ohio**. This expansive 1.3-acre commercial parcel, located directly on high-traffic **Route 20 in Geneva Township**, is currently operating as a successful car dealership.
**What makes this opportunity stand out?**
* **Strategic Location:** Positioned on a prime commercial thoroughfare, the property enjoys excellent visibility and accessibility.
* **Exclusive Market Advantage:** Benefit from the local zoning, which **prohibits new car dealerships within Geneva city limits**, ensuring reduced competition for your business.
* **Turnkey Business & Property:** This isn't just a real estate purchase; it's a chance to acquire the **ownership of an established car dealership**.
* **Generous Space:** The property boasts **over 13,000 square feet** of built space, providing ample room for showroom, offices, and service areas.
* **Attractive Offer:** For an investment of just **\$120,000**, you receive not only the property but also a **2-year lease** of the current dealership operation, allowing for immediate income and a smooth transition into ownership.
**745 East Main** is classified as a "C - COMMERCIAL" property with a strong tax history, making it a sound and promising investment.
Don't miss this unique opportunity to step into a thriving market with a significant competitive edge!
Location
State OH
County Ashtabula
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Asphalt
Water Access Desc Public
Present Use Commercial
Building
Sewer Public Sewer
Water Public
Schools
School District Geneva Area Csd - 404
Others
Tax ID 200250003000
Special Listing Condition Real Estate Owned, Standard
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Listed by Jim Sivalon • Platinum Real Estate • jimsivalon@contactplatinum.com 440-251-4776