Commercial Real Estate for Sale at 2406 S Union Avenue in Alliance, OH for $320,000

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2406 S Union Avenue | Alliance

$320,000 | 0.0 Sq. Ft.

The anchor property of a unique and profitable 3-property investment portfolio! This mixed-use building offers both residential and commercial income streams, creating a rare opportunity for strong, diversified cash flow.\r\n\r\nThe front portion of the building features a 4-bedroom, 2-bath residential unit currently leased to college tenants. The rear section is a two-level commercial salon occupied by long-term tenants offering hair, nail, and massage services \u2014 providing stability and consistent weekly \u0026 monthly income. The layout and design of this property make it ideal for continued use as a mixed-use income producer, and the existing tenants create a seamless transition for the next owner.\r\n\r\nAll three portfolio properties sit on the same block and share a large parking lot, providing ample parking and easy management for both residential and commercial tenants. The location is unbeatable \u2014 close to campus, shopping, dining, and major roadways \u2014 ensuring continued high demand and reliable occupancy.\r\n\r\nPerfect for investors seeking a proven performer or a 1031 exchange opportunity. MLSNow 5167530 Directions to property: Corner of South Union and Conrad Place.

MLS Listing ID: 
MLSNow 5167530
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$320,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Mixed Use
Primary Market Area: 
Alliance
Address: 
2406 S Union Avenue, Alliance, OH 44601
County: 
Stark
Latitude: 
40.8978730
Longitude: 
-81.1054060
Directions: 
Corner of South Union and Conrad Place.
Public Remarks: 
The anchor property of a unique and profitable 3-property investment portfolio! This mixed-use building offers both residential and commercial income streams, creating a rare opportunity for strong, diversified cash flow.\r\n\r\nThe front portion of the building features a 4-bedroom, 2-bath residential unit currently leased to college tenants. The rear section is a two-level commercial salon occupied by long-term tenants offering hair, nail, and massage services \u2014 providing stability and consistent weekly \u0026 monthly income. The layout and design of this property make it ideal for continued use as a mixed-use income producer, and the existing tenants create a seamless transition for the next owner.\r\n\r\nAll three portfolio properties sit on the same block and share a large parking lot, providing ample parking and easy management for both residential and commercial tenants. The location is unbeatable \u2014 close to campus, shopping, dining, and major roadways \u2014 ensuring continued high demand and reliable occupancy.\r\n\r\nPerfect for investors seeking a proven performer or a 1031 exchange opportunity.
Community Information
School District: 
Alliance CSD - 7601
Subdivision: 
Alliance
Building Details
Details about the building on a property.
Year Built: 
1941
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.12
Lot Size (Area): 
0.12
Public Record
Parcel Number: 
00103005
Annual Tax: 
$3,968.00
Contract Details
Details about the listing contract.
Possession: 
Other
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Legacy Group Realty

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