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1061 Coshocton Ave
Mount Vernon, OH 43050
Retail Property For Sale
Investment Highlights
- Minimal owner responsibilities reduce operational complexity and enhance investment appeal
- Positioned along Coshocton Avenue, Mount Vernon’s primary thoroughfare and retail hub
- Surrounded by major anchors and national brands including Walmart and Lowe’s, ensuring strong consumer draw
- Net-leased retail property to a nationally recognized tenant with a lease expiring in August 2028
Executive Summary
1061 Coshocton Avenue offers a high-visibility retail building strategically located along Mount Vernon’s primary commercial corridor. The site sits on 1.07 acres and features a 2,028-square-foot structure, currently under a long-term net lease to a reputable national retailer with more than 200 locations. This stable tenancy provides predictable income streams for investors with the added advantage of minimal landlord responsibilities, as the tenant is responsible for interior build-out and ongoing maintenance obligations under a net lease structure.
The property benefits from a robust trade area that includes Walmart, Lowe’s, McDonald’s, and numerous national and regional brands, driving significant vehicle and customer traffic along Coshocton Avenue. Easy ingress and egress, complemented by 41 dedicated parking spaces, ensures convenience for patrons. The corridor’s continued commercial growth affirms the asset’s enduring investment value. Offered at $735,000, this property presents a compelling opportunity for buyers seeking income stability, prime visibility, and long-term upside in a thriving retail submarket.
The property benefits from a robust trade area that includes Walmart, Lowe’s, McDonald’s, and numerous national and regional brands, driving significant vehicle and customer traffic along Coshocton Avenue. Easy ingress and egress, complemented by 41 dedicated parking spaces, ensures convenience for patrons. The corridor’s continued commercial growth affirms the asset’s enduring investment value. Offered at $735,000, this property presents a compelling opportunity for buyers seeking income stability, prime visibility, and long-term upside in a thriving retail submarket.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,028 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.07 AC
Parking
41 Spaces (20.22 Spaces per 1,000 SF Leased)
Frontage
125’ on Coshocton Ave
Property Taxes
| Parcel Number | 66-07525.000 | Improvements Assessment | $41,380 CAD |
| Land Assessment | $144,921 CAD | Total Assessment | $186,301 CAD |
Property Taxes
Parcel Number
66-07525.000
Land Assessment
$144,921 CAD
Improvements Assessment
$41,380 CAD
Total Assessment
$186,301 CAD
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