Remarks

Unlock the Potential: This 3.28-acre property is a rare gem offering three versatile buildings, each with opportunities for savvy investors and business owners. From a fully equipped child care center to a rental residence and a multifunctional commercial space, this property is a canvas ready for your vision. Building A: A former fully operational child care center, previously known as Choice Child Care. Spanning 5800 square feet, this building is a beacon for child care needs, having served up to 135 children at its peak. It comes with an extensive array of learning materials and furnishings, making it truly turn-key. The demand for child care is insatiable, presenting a golden opportunity for continued success or even expansion. And the versatility doesn't stop there. This space can easily transform to suit various commercial needs, adding to its allure. Building B: Also on the property is a 2-bedroom, 2-bathroom home. Currently tenant-occupied with a reliable month-to-month lease generating $900 per month, this HUD-certified residence adds a steady income stream. Tenants cover gas, while owners pay electric, water, sewer, and garbage pick-up. This offers stability and flexibility, making it a complement to the potentials of the property. Building C: A dynamic space that's ready to meet your entrepreneurial ambitions. With 3-phase electric power, it's perfect for a shop, office, or storage facility. Licensed to accommodate 49 children, it's also an ideal extension for child care activities, ensuring you can expand your services seamlessly. The second floor features an office space, kitchenette, and a balcony with views of the property. The attached garage/workshop area with a loft provides additional storage or workspace, further enhancing its utility. This is more than just a property?it's a gateway to multiple streams of income and endless possibilities.

Details

MLS#: 5049438
Price: $740,000

Style: Mixed Use
Sq Ft: 0
Year Built: 1993

County: Ashtabula
Subdivision: Orwell Village
Tax Fee: 5631.6199999999999

School District: Grand Valley LSD - 405