Cash-Flowing Mixed-Use Building - Downtown Deshler, Ohio Exceptional 3-story investment property with immediate income and strong upside potential. The main level offers two storefronts (easily combinable) plus a rear storage area that can become a third storefront with alley access. The second floor has four occupied, cash-flowing apartments with room to add 2-3 more units or convert to office space. The third floor is ready for renovation into two additional apartments or office use. Key features include a new roof (2023), all-electric apartments, and excellent alley access with two roll-up doors. This asset delivers current rental income from four units, with potential to expand to 6-7 residential units and lease out 2-3 commercial spaces. Located on Main Street in downtown Deshler, it offers high visibility and steady small-town demand. Perfect for investors, developers, or owner-users seeking immediate cash flow and growth opportunity. Serious inquiries only - no seller financing available.
This downtown commercial building previously was an automotive supply store. The storefront of the building features large showroom windows, 14' exposed ceiling, 1 restroom & 12x12 office space. The 2nd section of the building is 50'x45', 14' exposed ceiling & is currently an empty space. The 3rd section at the rear of the building is 50'x100', has an overhead door w/remote which has alley access, 10' ceiling, 2 mounted gas heaters & a manual pulley elevator to the 2nd floor of the building. The 2nd floor has 2 apartments (2 bed, 1 bath each) at the front & the remaining 2nd floor is storage.


Deshler is located in Ohio. Deshler, Ohio has a population of 1,554. Deshler is more family-centric than the surrounding county with 27.39% of the households containing married families with children. The county average for households married with children is 26.15%.
The median household income in Deshler, Ohio is $52,174. The median household income for the surrounding county is $64,513 compared to the national median of $69,021. The median age of people living in Deshler is 38.8 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 35.6 inches per year, with 19.7 inches of snow per year.