Jerri Furniss Cell: (614) 937-4427
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401 N Main Street Polk, OH 44866

Commercial - Retail MLS 5164215 Sold
Closed 257500
  • 401 N Main Street , Polk, OH 44866 Photo 1
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Listed By

Agency Name: Keller Williams Elevate
Agency Phone: 567-309-0567

Shown By

Agent Name: Jerri Furniss
Agent Phone: Cell: (614) 937-4427
Agency Title: Cutler Real Estate

Contact Jerri Furniss About This Property

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Property Description

Turnkey Investment Opportunity in Polk, Ohio! This fully updated mixed-use property in the heart of Polk offers excellent income potential with minimal upkeep. The building features a well-maintained commercial storefront currently leased, along with two spacious residential apartments, one of which is already rented to a reliable tenant. All major systems and interior finishes have been tastefully updated within the last 2-3 years, ensuring peace of mind for the next owner. Whether you're looking to expand your investment portfolio or live on-site while earning rental income, this property is a rare find in a quiet, small-town setting. PLEASE ALLOW 48 HOURS for response to any offers

Property Features

Property Type: Commercial - Retail
Days on Market: 127
Heating: Other
Lot Size: 0.15 Acres
Roof Type: Shingle
Taxes: $1,290 / year
Year Built: 1901

Feature Descriptions

Parcel#: D14-068-0-0140-02
Sewer: Public Sewer
Units: 3
Water: Public

Local Schools

School District: Mapleton Local

Demographics

Ashland County Demographic Information for
Fips
Fips Code 39005
Population
2020 to 2023 Change down 0.5%
2010 Count 53,139
2020 Count 52,447
2023 Estimate (V2023) 52,190
2020 Estimate (V2023) 52,437
Age Distribution (Years Old)
0 to 4 5.7%
5 to 17 22.8%
18 to 64 53.6%
65 and Older 17.9%
Gender
Male 49.7%
Female 50.3%
Place of Birth
Foreign 1.3%
US 98.7%
Education
High School Graduate, Age 25+ 89.9%
Bachelor's Degree or Higher, Age 25+ 21.9%
Computer and Internet use
Households with a computer 89.9%
Households with a broadband Internet subscription 84.7%
Language
English is Second Language, Age 5+ 5.0%
English is First Language, Age 5+ 95.0%
Veterans
Veterans 2,779
Income
Per Capita Income $30,303
Median Household Income $62,254
People in Poverty 10.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 22,361
Households 20,478
Average Household Size 2.48
Owner-Occupied 77.9%
Multi-Family 12.3%
Owner-Occupied Median Value $163,600
Median selected monthly owner costs -with a mortgage $1,166
Median selected monthly owner costs -without a mortgage $467
Median gross rent $815
Building Permits
New Private Housing Issued 2023 87
Years at Residence
1 Year or More 88.0%
Less Than 1 Year 12.0%
Business and Employment
Private non-farm Establishments 1,036
Private non-farm Employment 17,712
Private non-farm Employment Growth down 3.6%
Nonemployer Establishments 3,757
Number of Firms 4,140
Business Production
Value of Shipments $1,122,913,000
Wholesale Trade $301,766,000
Retail Trade $506,179,000
Retail Sales Per Capita $0
Accommodation and Food Services $76,949,000
Land
Land Area 422.95 sq. miles
Population Per Square Mile 126

Source: US Census Bureau

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