50-52 S Main Street, London, OH 43140

$799,900
Property Type: Commercial Square Footage: 7,372 Lot Size (sq. ft.): 1,742 Status: Active
Current Price: $799,900 List Date: 8/14/2025 Last Modified: 3/13/2026

Description

Unique property located in the heart of London, OH. Retail space on the first floor that is leased thru August 2027. 3 Residential units on the second floor. Great cash flow opportunity @ a 10% CAP RATE. All units have brand new HVAC units and all new appliances, including a washer and dryer in each unit. Pictures are of exterior and 1 bed unit

Supplements: ********

More Information MLS# 225030411

Location & Property Info

List Price/SqFt: 108.51 City (Mailing Addr): London Corp LimitPerAuditor: London

Office/Contract Info

Active on MLS: 2025-08-14 For Sale: Yes Exchange: No For Lease: No Lease Rate $/Sq Ft: 0

General Property Info

Total SqFt Available: 7372 Bldg Sq Ft: 7372 Max Cont Sqft Avail: 7372 Minimum Sqft Avail: 7372 # of Docks: 0 Lot Size (Side): 80 Number of Units: 4 # of Floors Above Gr: 2 Year Built: 1890 Acreage: 0.04

Tax Info

Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 31-02961.000 Tax Abatement: No Parcel #: 31-02960.000

Remarks & Misc

Property Description: Unique property located in the heart of London, OH. Retail space on the first floor that is leased thru August 2027. 3 Residential units on the second floor. Great cash flow opportunity @ a 10% CAP RATE. All units have brand new HVAC units and all new appliances, including a washer and dryer in each unit. Pictures are of exterior and 1 bed unit

Income/Expenses

Gross Income: 82800 Net Operating Income: 80000 Total Expenses: 2800

Addl Acceptance Cond

None Known: 1

Expenses Paid by L

Repairs: 1 RE Taxes: 1

T Reimburses L

Curr Yr Est $/SF TRL: 0

Auction Info

Auction/Online Bidding Y/N: No

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 799900 List Price: $799,900 Property Sub Type: Mixed Use Street #: 50-52 Street PreDirection: S Street Name: Main Street Suffix: Street County: Madison State: OH Zip Code: 43140 Township: Union

OfficeContract Info

Status: Active MLS Entry Date: 2025-08-12

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: Repairs; RE Taxes MLS Primary PhotoSrc: Realtor Provided
Listing Office: Red 1 Realty
Listing Agent: Taras Posykalyuk
Last Updated: March – 13 – 2026
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