Income-Producing Mixed-Use Opportunity in the Heart of Waynesville, Ohio | 198 S Main St
Welcome to one of the most strategic investment opportunities in Downtown Waynesville’s Antique District—a 2,890 sq ft mixed-use property positioned on a high-traffic corner along Main Street with built-in visibility, foot traffic, and year-round demand.
This fully occupied asset is currently generating $2,280/month ($27,360 annually) with long-term tenants who would like to remain, providing immediate stability for investors. The residential unit above is tenant-occupied, creating dual income streams from both commercial and residential use.
Property Highlights:
• Mixed-use: Commercial storefront + residential apartment
• Approx. 2,890 sq ft across two buildings
• High-visibility corner location on Main Street
• Established long-term tenants in place
• Residential unit currently rented
• Strong upside potential as rents adjust to market
• Single plat with potential to split into separate parcels (subject to survey, approvals, and legal descriptions)
Why Waynesville?
Known as the “Antiques Capital of the Midwest,” Waynesville attracts strong tourism and consistent visitor traffic. This property sits in the center of it all—benefiting from festivals, boutique shopping, and a thriving small business community.
Enjoy proximity to:
• Caesar Creek State Park (boating, hiking, camping)
• Little Miami Scenic Trail (biking, kayaking, canoeing)
• Easy access to Cincinnati, Dayton, and Columbus
Ideal For:
• Cash flow investors seeking stable income + upside
• Owner-operators looking for a Main Street location
• Value-add buyers targeting rent growth and long-term appreciation
This is a rare opportunity to own a performing, income-producing asset in one of Southwest Ohio’s most desirable small-town downtown corridors.
Call Top Waynesville Realtor John Bissman today at 513-800-0675 to schedule your private showing or discuss investment strategy.
Learn more:
www.listingswaynesville.com
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The post New Listing – Income-Producing Mixed-Use Opportunity in the Heart of Waynesville, Ohio | 198 S Main St first appeared on Homes for Sale - Search for homes for sale in Waynesville Ohio 45068.
