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$525,000
Est. payment /mo
2.11 Acres Lot
New
136 Ridge ST N Monroeville, OH 44847
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5146974
HOA Y/N No
Year Built 1998
Annual Tax Amount $6,118
Tax Year 2024
Lot Size 2.110 Acres
Acres 2.11
Property Sub-Type Office
Property Description
An exceptional opportunity to acquire a stabilized, income-producing commercial asset in the heart of Monroeville, Ohio. This well-maintained two-unit office/medical building is fully leased, including one suite occupied by a long-standing dental practice, providing immediate and reliable cash flow.
In addition to the building's tenant income, the property includes a leased on-site billboard, generating additional passive revenue and enhancing overall returns. This ancillary income source requires no active management, further strengthening the property's appeal as a low-maintenance investment.
Suite B is professionally configured to support a wide range of office or medical uses. The layout includes three private offices, an open bullpen area, three restrooms, a break room with kitchenette, a file/storage room, and a welcoming reception area and more. The design supports efficient operations and provides flexibility for future users.
Strategically positioned on a high-visibility corner lot along N Ridge Street (State Route 99) and US Highway 20 the property benefits from prominent exposure, strong daily traffic counts, and convenient access for both tenants and visitors. The layout supports low operational overhead and minimal management burden, making this an ideal passive investment.
In addition to the building's tenant income, the property includes a leased on-site billboard, generating additional passive revenue and enhancing overall returns. This ancillary income source requires no active management, further strengthening the property's appeal as a low-maintenance investment.
Suite B is professionally configured to support a wide range of office or medical uses. The layout includes three private offices, an open bullpen area, three restrooms, a break room with kitchenette, a file/storage room, and a welcoming reception area and more. The design supports efficient operations and provides flexibility for future users.
Strategically positioned on a high-visibility corner lot along N Ridge Street (State Route 99) and US Highway 20 the property benefits from prominent exposure, strong daily traffic counts, and convenient access for both tenants and visitors. The layout supports low operational overhead and minimal management burden, making this an ideal passive investment.
Location
State OH
County Huron
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Water Access Desc Public
Total Parking Spaces 58
Building
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Monroeville Lsd - 3902
Others
Tax ID 42-045B-04-021-0000
Special Listing Condition Standard
Listed by Frank Van Dresser • RE/MAX Quality Realty • 419-663-3536, ellencoffman@remax.net
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Lorrie Raymond
OH/REALTOR®, Steubenville manager, WV/Salesperson | License ID: SAL.2018004006, WVS230302470