20 W Main Street, Richmond, OH 43944

Property Description

Prime Investment Opportunity – Multi-Use Historic Property with Income-Producing Storage Units This rare find in Richmond Village offers outstanding flexibility and income potential. The property features a fully renovated, modern two-bedroom apartment on the second floor, complete with in-unit laundry and generous storage—perfect for on-site living or generating rental income. The main level is a spacious, open-concept blank slate brimming with character. It is assumed that underneath lie original hardwood floors (currently covered), rustic knotty pine walls, a cozy pellet stove, and large front display windows ready to be revealed and restored for maximum curb appeal. OSB board and framing from a previous renovation that was not completed can be easily removed or repurposed for your vision—whether it’s for retail, storage, a diner, or office space. The possibilities are endless! At the rear of the property, a large outbuilding houses a set of level-access storage units for rent. All units are currently leased, with the owner reporting a strong history of occupancy and a waiting list, offering immediate and stable income from day one. With high visibility on a corner lot, versatile potential, and multiple income streams, this property is a savvy investment in a charming, close-knit community. Bring your business ideas and watch them thrive!