$120,000

105 West Street, Palestine OH, 45352

Price per sqft$44.38

Built in1940

Property size2,704 sqft

Property typeCommercial

Overview

Active

Listed Jan 16, 2026

Updated Mar 7

Prime opportunity for small business owners, entrepreneurs, and investors to own a versatile commercial property with multiple income streams already in place! Unit 1 is securely leased to the U.S. Postal Service through 2027 with a 5-year renewal option. Additional rental income includes a 10x12 office currently leased by the Joint Sewer District and a 1-car garage rented for storage. In the back, you'll find a vacant shop space packed with potential—featuring an 11x24 workshop with entry + overhead doors and an attached 20x19 room, offering endless options for a small business, contractor workspace, studio, or additional tenant. Upstairs is a spacious 1 bed / 1 bath apartment, perfect for an owner-occupant looking to live where you work or create even more rental income. Five potential sources of income include: 1.USPS leased commercial unit 2.Office rental (Joint Sewer District) 3.Garage storage rental 4.Rear shop/workspace tenant or business use 5.Upstairs apartment rental or owner-occupied savings. A rare chance to secure a property with built-in stability + value-add upside—ideal for anyone looking to build wealth through real estate while supporting their business goals. Schedule your showing today!

Additional information

MLS^® ID: 1043351

Interior Features

Bathrooms: 0
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.08 Acres

Other Property Details

Municipality: Liberty

Listed by Darick Rose with DJ Rose Realty and Associates

Based on information from the Western Regional Information Systems and Technology, Inc. as of 3/7/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/7/2026 at 9:41 PM UTC Last Checked: 9:41 PM UTC