Turnkey Investment or Live-Work Opportunity in Downtown Greenfield!
Looking for a smart investment or a place to run your business with a home right above it? This standalone two-story property at 332 Jefferson St, Greenfield, OH 45123, might be exactly what you need.
Situated in the heart of downtown Greenfield, this building offers both charm and function. The ground floor features 1,008 square feet of retail space, ideal for a storefront, office, or small business. Upstairs, you'll find a matching 1,008-square-foot one-bedroom apartment, perfect for an owner-occupant or an additional rental unit. A full basement adds valuable storage or utility space.
Property Highlights:
- Fully leased month-to-month at $1,200/month combined, with tenants covering gas and electric
- Recently updated electrical system, newer individual HVAC units, and mostly new windows installed within the past two years
- Freshly painted exterior brick and white trim, giving the building great curb appeal
- Dedicated parking lot behind the building (0.074 acres) plus available street parking—a rare find in a downtown setting
Investment Potential
Current rental income is below the local market average, indicating clear room to increase returns by updating leasing terms. Whether you're an investor seeking immediate cash flow or an entrepreneur wanting a live-work setup, this property offers flexibility and upside.
Priced to sell quickly at $135,000, this is a rare opportunity in downtown Greenfield. Contact Vance Team Realtors today to schedule a showing.