2223 WOODVILLE RD

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2223 WOODVILLE RD

OREGON, OH 43616-3831
Asking Price
$166K
Asset Type
Storefront Retail
Class
Class B

What's Special

Owner-User or Investment Opportunity | Flexible C2 Zoning | High-Traffic Oregon Corridor <ul><li>​Priced at $62.45/SF — well below replacement cost</li><li>​15%+ pro forma cap rate when fully occupied</li><li>​$31,896 gross annual income potential at full occupancy</li><li>​Combined 2026 property taxes of just $2,695/yr across both parcels</li><li>​Modified Gross leases — tenants cover utilities, trash, snow removal & interior maintenance</li><li>​Two suites available: 780 SF and 1,878 SF — lease one, occupy the other</li><li>​Renovated in 2022 — new flooring, exterior paint & canop

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NOI
$80,000
Cap Rate
48.19%
DSCR
8.12
Strong
Cash-on-Cash
140.85%
Monthly Payment
$821.268
Annual Cash Flow
$70,144.79

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