1414 E High AvenueNew Philadelphia, OH 44663

1414 E High AvenueNew Philadelphia, OH 44663

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$426,000 Active
Commercial - Retail MLS 5181121

Listed By

Agency Name: Howard Hanna
Agency Contact: jeffmathias@howardhanna.com, 330-827-1038

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Great business investment opportunity with unlimited commercial uses. This would be a great place to start your new business with fantastic traffic exposure! 5,250 sq. ft of storage/retail/warehouse space on .53Acres with city water and sewer. There are 3 areas of accessibility from Delaware Drive and E. High Avenue (front, back and side). Owner is retiring after starting his business there in 1979- over 47 years. Immediate possession. Includes 28' x 45' (1,260 sq. ft ) Service garage built in 1956 with 11' x 15' office, 2 service bays, maintenance room, oversized compressor, overhead gas heat (approx. 3-4 yrs old), central air conditioning in the service garage, window A/C in office, 80 gallon hot water heater, ADT alarm system and Glass Block windows. The hoist does not work and there is 1 restroom with a 2nd that was disconnected but could be utilized. 24 x 48 (1,152 sq. ft) nice steel building built in 1982 behind service garage with a new 12' garage door being installed. 30' x 40' (1,200 sq.ft.) steel building built in 1990 ideal for storage or warehouse. 20' x 82' (1,640 sq.ft.) storage bldg built in 1991 with 16 storage units: 14- 10 x 10 units that rent for $50 a month and 1- 10 x 20 unit (was previously two 10x 10 units with the wall adjoining wall removed) that rents for $100 a month. 70% are rented- 30% used by owner and have newer rollup doors and springs- potential income of $800 per month at current rental rates. The ½ acre (.53A) lot has 115' of frontage on E. High and 212' of frontage on Delaware Dr. and can park up to 30 cars. There are 2 new LED lights out in the yard, 2 electric signs, and a dusk to dawn light on the pole that stay. It's exposure makes it ideal for retail business with warehouse/ storage space. Don't miss this opportunity! Owner Financing available with $50,000-$75,000 down at 6% amortized over 20 years with a 3 year balloon payment. Call for more details

1414 E High Avenue | MLS# 5181121

This commercial property located at 1414 E High Avenue, New Philadelphia, OH 44663 is currently listed for sale with an asking price of $426,000. E High Avenue is located within the New Philadelphia City school district. Search New Philadelphia real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Retail
Basement: None
Cooling: Central Air, Window Unit(s)
Days on Market: 31
Heating: Gas
Lot Size: 0.28 Acres
Roof Type: Flat, Metal
Taxes: $2,334 / year
Year Built: 1956

Feature Descriptions

Parcel#: 4305163000
Parking: Garage, On Site
Sewer: Public Sewer
Water: Public

Local Schools

School District: New Philadelphia City

Demographics

Tuscarawas County Demographic Information for 1414 E High Avenue, New Philadelphia, OH 44663
Fips
Fips Code 39157
Population
2020 to 2023 Change down 1.5%
2010 Count 92,582
2020 Count 93,263
2023 Estimate (V2023) 91,874
2020 Estimate (V2023) 93,265
Age Distribution (Years Old)
0 to 4 5.7%
5 to 17 22.5%
18 to 64 51.2%
65 and Older 20.6%
Gender
Male 50.0%
Female 50.0%
Place of Birth
Foreign 1.7%
US 98.3%
Education
High School Graduate, Age 25+ 88.8%
Bachelor's Degree or Higher, Age 25+ 19.7%
Computer and Internet use
Households with a computer 89.5%
Households with a broadband Internet subscription 82.7%
Language
English is Second Language, Age 5+ 8.6%
English is First Language, Age 5+ 91.4%
Veterans
Veterans 5,098
Income
Per Capita Income $31,736
Median Household Income $61,953
People in Poverty 11.5%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 40,861
Households 37,774
Average Household Size 2.43
Owner-Occupied 69.6%
Multi-Family 14.9%
Owner-Occupied Median Value $163,700
Median selected monthly owner costs -with a mortgage $1,230
Median selected monthly owner costs -without a mortgage $471
Median gross rent $844
Building Permits
New Private Housing Issued 2023 69
Years at Residence
1 Year or More 87.6%
Less Than 1 Year 12.4%
Business and Employment
Private non-farm Establishments 2,080
Private non-farm Employment 30,439
Private non-farm Employment Growth down 0.5%
Nonemployer Establishments 6,616
Number of Firms 6,827
Business Production
Value of Shipments $2,639,690,000
Wholesale Trade $526,500,000
Retail Trade $1,194,721,000
Retail Sales Per Capita $12,774
Accommodation and Food Services $135,590,000
Land
Land Area 567.64 sq. miles
Population Per Square Mile 164

Source: US Census Bureau