1022 Marks Rd - Warehouse FOR SALE


Valley City, OH 44280
$525,000 USD
330-722-5002
1022 Marks Rd, Valley City, OH for Sale
$525,000 USD
Warehouse - FOR SALE
1/10
null | Request Cap Rate

1022 Marks Rd
Valley City, OH 44280


HIGHLIGHTS

  • 10’ x 10’ drive-in door, (1) 8’ x 10’ dock door, (1)10' x 14’ side door
  • 1,500 square feet of office space and a sprawling 5,400 square feet of versatile warehouse area
  • Exceptional opportunity for owner-occupiers and savvy investors alike

OVERVIEW

This 6,900 square foot warehouse/office property boasts 1,500 square feet of office space and a sprawling 5,400 square feet of versatile warehouse area. The front office space and showroom features four offices and two restrooms, while the warehouse space offers a 10' x 10' drive-in door, an 8' x 10' dock door at the rear, and a 10' x 14' side door. Additionally, the warehouse is equipped with two restrooms, two utility sinks, and a well-appointed kitchenette. The property features a front paved parking lot and a side gravel driveway leading to the rear, offering ample maneuvering space for a 53' semi. Prominent signage on the street and the building itself ensures excellent visibility. Zoned as a Limited Manufacturing and Research District, this property allows for a wide range of uses, including manufacturing of electric/metal/wood products, tool and die, machine shops, repair shops, contractor shops, storage, etc. Currently leased with the lease set to expire December 31, 2024, this property once accommodated two tenants with a dividing wall providing separate access doors, offices, warehouses, and restrooms. This remarkable property presents an exceptional opportunity for owner-occupiers and savvy investors alike, with its combination of office and warehouse space, rear access with drive-in and dock doors, and prime location.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

1022 Marks Rd

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

-

CLEAR CEILING HT

14.166666666666666 Ft

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

-

APN/PARCEL ID

025-01B-33-003

ASK ABOUT THIS PROPERTY

Morgan FaunceGerspacher Real Estate GroupMore Info
330-722-5002

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Morgan FaunceGerspacher Real Estate GroupMore Info
330-722-5002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.