Turnkey income-producing multi-family opportunity in the heart of Indian Lake, located directly across from the lake and just behind the well-known Indian Head Restaurant. This unique four-unit property consists of two separate cottages and a third building configured as a duplex, offering a boutique-style investment with diversified rental appeal. All units are currently rented, delivering immediate and consistent cash flow. The property has seen numerous updates across the units, supporting strong rental performance and a reliable return on investment. Complete profit and loss statements are available for qualified buyers, along with a detailed breakdown of improvements and associated costs by unit. Whether you are expanding an existing portfolio or seeking a distinctive multi-family investment near one of Ohio's most popular lake destinations, this property is fully operational and ready to perform from day one.
Courtesy: Binkley Real Estate- Wapakoneta
419-738-3232
Opportunity awaits with this versatile commercial property in Russells Point situated on 3 parcels totaling approximately 2.4 acres. Offering two separate buildings and endless potential, this property is ideal for retail, automotive, warehouse, light industrial, or multi-use business operations. The front 2,400 sq. ft. building is perfectly suited for retail or auto repair use and features two office spaces, a restroom, and a fully insulated workshop area with oil burner heat for year-round comfort. The shop includes two service bays with available car lifts and a tire changer, making it ready for automotive service or customization work. The expansive 6,000 sq. ft. rear building offers incredible flexibility with four overhead doors, updated LED lighting, and abundant open space for storage, manufacturing, equipment, fleet operations, or additional rental income opportunities. With ample acreage, excellent accessibility, and countless possible uses, this unique commercial property provides the space and functionality to grow your business or investment portfolio. There is the possibility of buying these parcels individually.
Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 11427 Read Hartman Hwy, Suite 236, Cincinnati, OH 45241
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2026 Columbus and Central Ohio Multiple Listing Service, Inc. All rights reserved.
Russells Point is located in Ohio. Russells Point, Ohio has a population of 1,407. Russells Point is less family-centric than the surrounding county with 21.43% of the households containing married families with children. The county average for households married with children is 32.17%.
The median household income in Russells Point, Ohio is $33,092. The median household income for the surrounding county is $64,196 compared to the national median of $69,021. The median age of people living in Russells Point is 41.2 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 38.7 inches per year, with 23.2 inches of snow per year.
