$325,000
About this home
Unlock a rare multi-stream income opportunity in the heart of historic Shawnee, Ohio. This stunning 1880 brick building perfectly blends historic charm, turnkey commercial returns, and residential development upside.The Ultimate Commercial Anchor: Turnkey & Secured. Immediate Cash Flow: Features an active, successful first-floor bar and restaurant across 1,656 finished square feet. Guaranteed Tenancy: The current owner/operator is ready to sign a 10-year leaseback upon sale. Low-Risk Investment: Enjoy steady, predictable commercial rental income from day one with zero tenant search required. The Upstairs Opportunity: A Developer's Blank Slate. The unfinished second floor features soaring ceilings, historic architectural bones, and separate access. It is completely ready to be customized to fit your investment strategy. Option A (High-Yield STR): Convert into two premium efficiency Airbnb rentals to capture the booming local tourism, hiking, and outdoor recreation market. Option B (Stable LTR): Build out one massive, luxury long-term apartment for a reliable, passive secondary income stream.
Property details
- MLS
- NOWDD
- MLS #
- 5219024
- Property type
- MixedUse
- Subdivision
- Village/Shawnee
- Status
- Active
- Days on market
- 28
- On market date
- May 18, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.09 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 353
- Student:teacher ratio
- 14.7:1
- District
- Southern Local
- Enrollment
- 375
- Student:teacher ratio
- 16.3:1
- District
- New Lexington School District
- Enrollment
- 243
- Student:teacher ratio
- 11.6:1
- District
- Southern Local
Walkability
Blended score for Shawnee's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated June 15, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.