331 N Main Street, Urbana, OH 43078
331 N Main Street, Urbana, OH 43078
331 N Main Street, Urbana, OH 43078
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Listed by V. Patrick Hamilton RE/MAX Alliance Realty
$219,900
Est. payment /mo
1,722 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,722 sqft

Price per Sqft $127

Subdivision Original

MLS Listing ID 1049663

Year Built 1940

Tax Year 2025

Lot Size 3,920 Sqft

Lot Dimensions 0.09

Source Western Regional Information Systems & Technology (WRIST)

Property Description

Discover an exceptional commercial/residential investment opportunity in the heart of downtown Urbana! Located on a corner lot at a busy, highly visible intersection, this versatile property offers endless possibilities for business owners, investors or anyone looking to combine their work and home life under one roof. Zoned B-3, Central Business District, the property offers flexibility for a variety of potential uses while providing the added benefit of an income-producing residential apartment. The main level is currently being utilized as an auto detailing business and features an office area, two service bays with overhead doors, storage space and a restroom. This space offers a starting point for an existing business or an opportunity to reimagine the space to suit your needs. With some construction and creativity, the main level could potentially be transformed into professional office suites, retail space or a variety of other commercial ventures. The possibilities are limited only by your imagination! The real hidden gem is the apartment on the second level. This unique two bedroom, one bath living space offers a comfortable and inviting atmosphere, making it a residential option or rental opportunity. Previously operated as an Airbnb, the apartment is currently occupied by a month to month tenant. The kitchen features vaulted ceilings and includes the range, refrigerator, and dishwasher, along with washer and dryer hookups. A few steps up lead to the spacious living room and two bedrooms. Imagine living upstairs while operating your business downstairs or enjoy the benefit of having two separate income opportunities. This property has remained in the same family for many years and is well maintained, with recent updates including a new roof in August 2026 and water heater in Sept 2026. Looking to expand your business, establish a new one, generate rental income or invest in a property with multiple possibilities, this is an opportunity worth exploring.

Location

State OH

County Champaign

Community Original

Area 0.09

Direction Main Street (US Hwy 68) North of Downtown Urbana. On the corner of North Main Street and East Ward Street.

Rooms

Basement None

Interior

Interior Features Cathedral Ceiling(s), Ceiling Fan(s)

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Appliance Dishwasher, Range, Refrigerator

Heat Source Forced Air, Natural Gas

Exterior

Exterior Feature Brick, Vinyl Siding

Parking Features On Site, Private

Utilities Available Natural Gas Connected

Building

Sewer Public Sewer

Water Supplied Water

Others

Tax ID K482500031916900

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/wrist/1049663


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Emily Stephen

Emily Stephen

+1(614) 787-0701

Central Ohio Expert License ID: 2020005787

Central Ohio Expert License ID: 2020005787

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