91-101 Grand Valley Avenue, Orwell, OH 44076

$630,000

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Sold Price
$630,000
List Price
$740,000
Status
CLOSED
Days on Market
85
Closing Date
Sep 19, 2024
MLS#
5049438
Subtype
Commercial Sale
Year Built
1993
Acres
3.28
Subdivision
Orwell Village
Neighborhood
Orwell Village
MLS Area Major
Orwell Twp

Property Description

Unlock the Potential: This 3.28-acre property is a rare gem offering three versatile buildings, each with opportunities for savvy investors and business owners. From a fully equipped child care center to a rental residence and a multifunctional commercial space, this property is a canvas ready for your vision. Building A: A former fully operational child care center, previously known as Choice Child Care. Spanning 5800 square feet, this building is a beacon for child care needs, having served up to 135 children at its peak. It comes with an extensive array of learning materials and furnishings, making it truly turn-key. The demand for child care is insatiable, presenting a golden opportunity for continued success or even expansion. And the versatility doesn't stop there. This space can easily transform to suit various commercial needs, adding to its allure. Building B: Also on the property is a 2-bedroom, 2-bathroom home. Currently tenant-occupied with a reliable month-to-month lease generating $900 per month, this HUD-certified residence adds a steady income stream. Tenants cover gas, while owners pay electric, water, sewer, and garbage pick-up. This offers stability and flexibility, making it a complement to the potentials of the property. Building C: A dynamic space that's ready to meet your entrepreneurial ambitions. With 3-phase electric power, it's perfect for a shop, office, or storage facility. Licensed to accommodate 49 children, it's also an ideal extension for child care activities, ensuring you can expand your services seamlessly. The second floor features an office space, kitchenette, and a balcony with views of the property. The attached garage/workshop area with a loft provides additional storage or workspace, further enhancing its utility. This is more than just a property?it's a gateway to multiple streams of income and endless possibilities.

Additional Information

Taxes
$5,631
Zoning
Commercial
Heating
Forced Air, Gas
Air Conditioning
Central Air, Window Unit(s)
Roof
Asphalt, Fiberglass
Foundation
Slab
Parking Features
Additional Parking, Common, Driveway, Garage, Gravel, Open
School District
Grand Valley LSD - 405

Listing Courtesy of: Clorice L Dlugos, cloricedlugos@gmail.com With McDowell Homes Real Estate Services

Selling Office: Berkshire Hathaway HomeServices Professional Realty.

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