Description

Investment property for sale in Morrow, OH located at 315 Second St.. The property is in the SMITH ADD neighborhood of Warren County: The tax value is $2,744. The last sale price was $82,667 on 10/2015. The total land size of this property is 0.64. This property is owner occupied. Currently being used as a rental hall (banquet hall) and part of the building is leased to full time tenants who pay $500 plus all utilities per month. Building has Men's and Women's restrooms (to include 5 toilets, 2 urinals, 4 sink basins), full kitchen, and back room/storage room. Commercial walk-in cooler with two convenience store style display doors. Small Dock. Newer roof and 2 gas furnaces/ac units. Electric hot water heater for restroom and kitchen sinks. Parking lot coated and re-striped Summer 2015 to include 57 parking spaces. Original beautiful hardwood floors. This could be a turn-key rental hall business (to include the website, phone number, customer base, and records at no additional cost) or a usage of your choosing. Rental hall business has steadily increased since opening in late 2015 and has customers booked into 2019 and inquiries into mid 2020. Owner also open to purchase by a developer who would want land for an apartment building or similar use.

To learn more about this Morrow, OH investment property message David Stiles directly or send an offer!
You may also look at the business website TheGatheringPlaceRentalHall.com for further insight on the building and business.

This building is well known as the former VFW Hall. Directly off the main route of US-22/3 in the heart of the historic town of Morrow, Ohio. Close to bustling Lebanon, Maineville, Kings Mills (Kings Island Amusement Park) and traveled to by those in Wilmington, Blanchester, and Goshen. Often a halfway point for those holding events that have family both in Dayton and Cincinnati.