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243 E Main Street
Alliance, OH 44601

call for price - Status: Pending
MLS# 5167684

Investment Opportunity, Stabilized Apartment Buildings With Incredible Value-Add Opportunity, 43 Total Residential Units, 4 Commercial Units. Offered Separate And Together, Great Income Producing W/ Many Updates. Stark County, Alliance City, Close To The University Of Mount Union. Live Auction With Online Bidding Available. ABSOLUTE AUCTION, all sells to the highest bidders on location. ONLINE BIDDING BEGINS TUESDAY, NOVEMBER 18, 2025, AT 12:00 PM, AND AUCTION LIVE ON-SITE BIDDING WILL BEGIN FRIDAY, NOVEMBER 21, 2025, AT 12:00 PM. We are excited to present an incredible and rare opportunity to own three historic downtown apartment buildings. At current rents and occupancy, the total gross annual income equates to $411,000+. The buildings are stabilized, but leave plenty of value-add opportunities as apartments naturally turn. The projected gross-annual income of all apartments and available commercial space (excluding the City of Alliance's space) is $600,000+. These well-constructed buildings were converted to apartments in approximately 2005. The buildings are located in the heart of downtown Alliance and close to The University of Mount Union. Owners have taken exceptional care of the buildings and made substantial investments in property improvements. Buy one, two, or all three. Buildings will be offered separately as well as a package deal. Please respect the tenants' privacy. The buildings will be open on auction day, starting at 10:30 AM. Contact the auctioneer with questions on how to purchase. Check out our website for complete details.

Property Features

MLS#: 5167684
Zip: 44601
Subdivision:
Development: Alliance
Property Type: Commercial - Business
Cooling: Central Air
Days on Site: 178
Heating: Hot Water, Steam
Lot Size: 0.40 acres
Taxes: $18,458 / year
Year Built: 1928

Feature Descriptions

Parcel#: 00101690
Sewer: Public Sewer
Units: 43
Water: Public

Local Schools

School District: Alliance City

243 E Main Street | MLS# 5167684

This commercial property located at 243 E Main Street, Alliance, OH 44601 is currently listed for sale with an asking price of call for price. E Main Street is located within the Alliance City school district. Search Alliance real estate on www.greatmoverealty.net today.

Listed By / Shown By

Listed By

Agency Name: Kiko
Agency Contact: jeffkiko@kikocompany.com, 330-206-1079

Shown By

Agency Title: Great Move Realty
Agency Phone: (330) 624-9605

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