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The Athens Real Estate Company
540 West Union Street
Athens, Ohio 45701
(740) 589-4600
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485-487 Richland Ave.

Sold
  • $698,000
  • Property Type: Commercial
  • Location: Athens
  • Beds: 10
  • Lot Sq Ft: 1.790 acres
  • Acres: 1.790
  • Description
  • Details
  • Photos

Possibilities abound at this large, multi-unit, mixed-use commercial complex on a 1.7 acre lot on Richland Avenue. Two story complex includes five (5) spacious 2-BR apartments, currently rented for a total gross income of $4,075. Lower level has been home to thriving orthodontist practice and includes 6 offices, large reception area, break room and a huge open area that could include cubicles, conferencing areas, additional office spaces and/or room for hipster ping-pong table if that’s the kind of company you run! Current rent for this space is $2700/month and lease is up next year, though earlier vacancy possible. Lower level also includes a big unfinished area that could be developed into additional retail or office space. Once vacated, this large lower level is perfect for an owner-occupant or an investor looking to divide space and further maximize income. Property also features newly-paved lot with generous parking, on site-laundry, and potential for additional building site and outlot or split. Priced to sell!

View full listing details
Price: $698,000
Address:485-487 Richland Ave.
City:Athens
County:Athens
State:Ohio
Zip Code:45701
MLS:2428452
Year Built:1973
Acres:1.790
Lot Square Feet:1.790 acres
Bedrooms:10
apnNumber:A029090000400, A0290
cooling:Central Air
estimatedAnnualTaxes:13225
exteriorConstruction:Brick
foundation:Slab on Grade
heating:Forced Air-Gas, Furnace-Gas
interiorFeatures:Flooring- Carpet, Flooring- Linoleum, Flooring- Vinyl
listingStatus:Pending
listingStatus2:AO-Sale Pending
listingType:ForSale
officeFileNumber:91
propertyType2:Commercial Building
publicRemarksHeadline:In-Town, Mixed-Use Commercial Opportunity
utilities:Water: City/Public, Natural Gas, Sewer: Municipal, Power: AEP
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Founded in 2007, The Athens Real Estate Company is the largest, most innovative, creative and forward-thinking real estate company in southeast Ohio. At the core of our business philosophy is a commitment to extraordinary service, honesty, and clear communication.

Photography in the communities section on the main page, courtesy of the Athens County CVB

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