105 W Cross St, Palestine, OH 45352

Property Description

Exceptional investment opportunity with multiple income streams and outstanding flexibility! This well-maintained multi-use commercial property features several rental units, including a long-term tenant occupied by the U.S. Postal Service with a five-year renewal option already in place, providing stable income. An additional commercial unit is leased to a local community office, while another garage bay with an overhead door is currently rented on a month-to-month basis. The property also includes a spacious upstairs apartment offering an abundance of living space. The apartment features a huge living room, an eat-in kitchen, one bedroom, a large full bathroom, washer and dryer hookups, and extensive storage throughout, making it ideal for owner occupancy or additional rental income. A large garage/storage area is currently utilized by the owner for personal storage, offering the potential for additional income or business use. Recent exterior painting enhances the property's curb appeal, while the updated hot water heating system provides efficient comfort throughout the building. Whether you're looking to expand your investment portfolio or occupy part of the property while generating rental income, this versatile commercial property offers excellent cash flow potential and long-term value.