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Sullivan, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Sullivan, Ohio Market population: 8K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Sullivan MO Properties: 1.0900%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Sullivan MO

Common questions from investors exploring commercial real estate in Sullivan MO.

What's the overall investment potential of Sullivan, MO, considering its demographics and economy? +
Sullivan, MO's population of 7,625, with a median age of 30.8 and median household income of $30,372, suggests a relatively stable market. The poverty rate of 17.8% is somewhat mitigated by an employed population of 2,599 and a health insurance coverage rate of 86.8%, indicating a degree of economic stability and access to healthcare for residents.
How does the city's ethnic diversity and industry landscape impact real estate demand? +
The top ethnicities in Sullivan, MO, being White (48.1%) and White Non-Hispanic (47.7%), alongside a diverse industry base including Public Administration, Transportation & Warehousing, and Professional Services, suggest a multifaceted demand for housing. This diversity can contribute to a resilient rental market, as different industries and communities have varying housing needs.
What are the implications of Sullivan's commute times and health insurance rates for investors? +
The average commute time of 26.8 minutes, with top methods including driving alone, carpooling, and walking, indicates relatively convenient transportation options. Combined with a high health insurance coverage rate of 86.8%, this suggests a quality of life that could attract and retain residents, potentially benefiting real estate investors through stable occupancy rates.
How do poverty rates and income inequality affect the rental market in Sullivan, MO? +
The poverty rate of 17.8% and a GINI coefficient of 0.445 suggest income inequality, which can impact the rental market. However, the median household income of $30,372 and an employed population of 2,599 provide a foundation for rental income stability, especially when considering the relatively low median property value of $110,000 and median property taxes of $1,584.
What role does homeownership rate play in Sullivan's real estate investment landscape? +
A homeownership rate of 57.0% in Sullivan, MO, indicates a significant portion of the population owns their homes, which can influence the rental market. This rate, combined with the city's median property value and taxes, suggests opportunities for investors to capitalize on rental demand from the remaining 43% of the population, particularly those in the employed workforce across the city's top industries.

Sullivan MO Real Estate & City Facts

Key facts and real estate information about Sullivan MO.

What are some of the best neighborhoods to live in Sullivan? +
Some of the best neighborhoods to live in Sullivan include the area around Meramec State Park, which offers beautiful scenery and outdoor activities. Other neighborhoods, such as those near the city center, offer a more urban feel with access to local shops and restaurants. According to reviews on Niche.com, Sullivan has a friendly, small-town atmosphere with a strong sense of community, good schools, and local businesses.
What are some fun things to do in Sullivan? +
There are plenty of fun things to do in Sullivan, including visiting Meramec State Park for hiking, fishing, and camping. The city also has a number of attractions, such as the Fisher Cave, which offers guided tours. For those looking for more leisurely activities, there are several wineries and breweries in the area, including the Peaceful Bend Vineyard and the Muddy Banks Brewery.
What is the food scene like in Sullivan? +
The food scene in Sullivan is diverse, with a range of options to suit different tastes. For those looking for traditional American cuisine, there's the Silo Restaurant, which serves up classic country meals. Other options include Chinese food at places like Du Kum Inn Restaurant, and Mexican food at El Sol. There are also plenty of great food trucks and cafes, such as the Clark Street Cafe and Bakery, which offer a more casual dining experience.
What are the pros and cons of living in Sullivan? +
The pros of living in Sullivan include its friendly, small-town atmosphere, good schools, and local businesses. The city also has a low cost of living and a range of outdoor activities to enjoy. However, some cons include the limited job opportunities and the need for a car to get around, as public transportation is limited. Additionally, some residents have noted that the city can feel a bit quiet and sleepy at times, which may not be ideal for those looking for a more vibrant nightlife.
Is Sullivan a good place to live? +
Overall, Sullivan can be a great place to live for those who value a friendly, small-town atmosphere and easy access to outdoor activities. While it may not be the best fit for everyone, particularly those looking for a more urban lifestyle, it has a lot to offer in terms of natural beauty, community, and a low cost of living. As with any place, it's worth weighing the pros and cons and visiting in person to get a sense of whether Sullivan is the right fit for you.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Sullivan MO Commercial Property: $30,372

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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