Van Wert, OH 45891
$895,000
Property Type:
Commercial Sale
Baths:
9
Square Footage:
304,920
Status:
Closed
Current Price:
$895,000
List Date:
5/29/2019
Last Modified:
9/05/2024
Description
Great cash flow with this 24,400 square foot retail building. 9 tenants currently occupy the space which is 100% full. All leases are modified gross and financials are available upon request. Current tenants include Evape, State Farm, MRSI, Verizon, BMV, H&R Block, Sears, Frickers, and Pinnacle Treatment.
More Information MLS# 112487
Location & Property Info
Township: Pleasant
Zoning Description: Commercial
School District: Van Wert City
AssociationY/N: No
General Property Info
Lot Size Dimensions: 7 acres
Lot Size Square Feet: 0
Legal Description: TBD
FEMA Flood Zone Y/N: No
Office SqFt: 24400
# Stories: 1
Bathrooms Total: 9
# Of Buildings: 1
Traffic Count: 5748
Living Area SqFt: 304920
Year Built: 1989
Tax Info
Parcel #: TBD
Tax Annual Amount: 12839.14
Annual Water Assessment: 0
Annual Sewer Assessment: 0
Remarks & Misc
Public Remarks: Great cash flow with this 24,400 square foot retail building. 9 tenants currently occupy the space which is 100% full. All leases are modified gross and financials are available upon request. Current tenants include Evape, State Farm, MRSI, Verizon, BMV, H&R Block, Sears, Frickers, and Pinnacle Treatment.
Business Type
Professional Service: 1
Professional/Office: 1
Restaurant: 1
Retail: 1
Construction Materials
Block: 1
Documents Available
Cash Flow Analysis: 1
Copy of Lease: 1
Cooling
Central Air: 1
Listing Terms
Cash: 1
Conventional: 1
Financial Details
Electric Expense: 0
Fuel Expense: 0
Insurance Expense: 0
Maintenance Expense: 0
Manager Expense: 0
Net Operating Income: 102883
New Taxes Expense: 0
Operating Expense: 56417
Other Expense: 0
Water Sewer Expense: 0
Possession
Subject To Tenant Rights: 1
Heating
Forced Air: 1
Natural Gas: 1
Road Frontage Type
City Street: 1
Private Road: 1
Road Surface Type
Paved: 1
Special Listing Conditions
Fair Market: 1
Parking Features
Private: 1
Other: 1
Roof
Rubber: 1
Sale Includes
Building & Land: 1
Location Property Info
Current Price: $895,000
Property Sub Type: Business
Sold Price: $895,000
Status: Closed
List Date: 2019-05-29
County: Van Wert
State: OH
Postal Code: 45891
Status Change Info
Status Change Date: 2019-10-31
Close Date: 2019-10-31
Sold Price: $895,000
Property Features
Business Type: Professional Service; Professional/Office; Restaurant; Retail
Construction Materials: Block
Cooling: Central Air
Documents Available: Cash Flow Analysis; Copy of Lease
Heating: Forced Air; Natural Gas
Listing Terms: Cash; Conventional
Parking Features: Private; Other
Possession: Subject To Tenant Rights
Road Frontage Type: City Street; Private Road
Road Surface Type: Paved
Roof: Rubber
Sale Includes: Building & Land
Special Listing Conditions: Fair Market
Listing Office:
Bee Gee Realty & Auction Company
Last Updated: September - 05 - 2024
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