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United States Postal Service 23359 Coshocton Rd 3,600 SF 100% Leased Retail Building Howard, OH 43028 $360,724 CAD ($100.20 CAD/SF) 9.91% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime Mixed-Use Investment Opportunity in Howard, Ohio — Anchored by the U.S. Post Office

EXECUTIVE SUMMARY

Unlock the potential of this 3,600 SF mixed-use building located in the heart of Howard, Ohio. Fully occupied and generating $30,500 in annual revenue, this property is an ideal addition to any investor's portfolio. The ground floor is leased to the U.S. Post Office through November 30, 2027, providing stable and reliable income from a nationally recognized tenant. The upper level includes a spacious four-bedroom apartment with a month-to-month tenant, offering flexibility for increased rental income or owner occupancy. Please call the listing agent for more information and do not disturb the tenants.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $42,316 $11.75
Other Income - -
Vacancy Loss - -
Effective Gross Income $42,316 $11.75
Taxes $2,268 $0.63
Operating Expenses $4,304 $1.20
Total Expenses $6,572 $1.83
Net Operating Income $35,744 $9.93

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $42,316
Annual Per SF $11.75
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $42,316
Annual Per SF $11.75
Taxes (CAD)
Annual $2,268
Annual Per SF $0.63
Operating Expenses (CAD)
Annual $4,304
Annual Per SF $1.20
Total Expenses (CAD)
Annual $6,572
Annual Per SF $1.83
Net Operating Income (CAD)
Annual $35,744
Annual Per SF $9.93

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,600 SF
Building Class
C
Year Built
1900
Price
$360,724 CAD
Price Per SF
$100.20 CAD
Cap Rate
9.91%
NOI
$35,744 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.59
Lot Size
0.14 AC
Zoning
Commercial
Parking
7 Spaces (1.94 Spaces per 1,000 SF Leased)
Frontage
85’ on Coshocton Road

AMENITIES

  • Corner Lot
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Transportation and Warehousing
  • -
  • $8.83 CAD
  • Modified Gross
  • Nov 2012

Le service postal des États-Unis a une longue histoire en tant qu'institution de son gouvernement garantissant des communications sûres et sécurisées entre le gouvernement et le peuple américain. Beaucoup connaissent bien leur histoire, qui a commencé avec le deuxième Congrès continental et Benjamin Franklin en 1775 et s'est poursuivie en 1787 lorsque la clause postale de la Constitution des États-Unis habilite le Congrès à établir des bureaux de poste et des routes postales. Le Congrès exerce ces pouvoirs en adoptant le Post Office Act de 1792, qui fait du service postal un élément permanent du gouvernement fédéral. La Loi comprenait des dispositions visant à faciliter la liberté de la presse, la confidentialité de la correspondance personnelle et à élargir l'infrastructure physique du pays, autant d'éléments essentiels à la croissance et à la prospérité de la nation.

  • USPS
  • Transportation and Warehousing
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Transportation and Warehousing - $8.83 CAD Modified Gross Nov 2012
USPS Transportation and Warehousing - - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-00261.000
Land Assessment
$3,951 CAD
Improvements Assessment
$36,796 CAD
Total Assessment
$40,747 CAD
Annual Taxes
$2,268 CAD ($0.63 CAD/SF)
Tax Year
2024 Payable 2024
  • Listing ID: 35857036

  • Date on Market: 2025-05-14

  • Last Updated:

  • Address: 23359 Coshocton Rd, Howard, OH 43028

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