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8201 - 8207 Vine St

$250,000

8201 Vine Street, Elmwood Place, OH 45216

Active
Last Updated: 08/26/2025

14.8

Cap Rate

3,700

NOI

Details:
Cap Rate:    14.8%
NOI:    $3,700
Building Size:    3,974 sqft
Occupancy:    100%
Units:    4
Year Built:    1984
Zoning:    B-2
Floors:    1
Roof:    2024
Description:

This well-maintained multi-unit flex building in Springfield Township offers a fantastic investment opportunity! Located in a convenient and accessible area off Springfield & Vine, it features 4 units, with each unit boasting approximately 990 square feet of versatile space. 2 Units: Ideal for office, retail, or showroom use. 2 Units: Perfect for garage, warehouse, workshop, or contractor space. Each unit features a private bathroom PLUS gas, H20 & electric submetered for individual unit control & efficiency. Notable improvements: New roof installed '24 ($25,000 investment). Concrete driveway for easy access & parking. Updated wiring for modern business needs. Convenient access from both the street & rear. Perfect for small businesses, contractors, tradespeople, or artists. Strong Income Potential: All units are currently rented, generating annual rental income over $37,000. Expect a double-digit cap rate on this investment

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