8312 Frailey Rd - Flex FOR SALE


Vermilion, OH 44089- Vermillion
$649,900 USD
440-258-9126
8312 Frailey Rd, Vermilion, OH for Sale
$649,900 USD
Flex - FOR SALE
1/2
null | Request Cap Rate

8312 Frailey Rd
Vermilion, OH 44089
Vermillion


OVERVIEW

Unique opportunity for large storage facility in Vermilion! Use for business or personal toy barn. Situated on nearly and acre with security gate at street. Property features 2 large, heated storage buildings as well as massive outdoor lot. Building 1: Built in 1976 it's 60x90. Full concrete, a large, insulated door can be shut so that you can heat a 35 x 60 section. Building 2: Built in 2023 it's 60x120. Full concrete with foam under the floor, spray foam walls, 2-250,000 btu propane heaters. All LED lighting. 4 overhead doors that are 18' x 16'. 1500-gallon underwater tank is fed by rainwater. Hooked to a well pump that supplies water to building 1. Currently being used as a marine storage facility brining in income of $65,000/yr Newer building was designed to be 4 separate 60x30 storage condos, all new owner would need to do is install partitions between each unit. Possibilities are endless for this unique piece of property.

FOR SALE DETAILS

PRICE

$649,900 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88

LAND SF

38,333

ZONING

-

APN/PARCEL ID

12-00302-000

ASK ABOUT THIS PROPERTY

Michael PasadynRussell Real Estate ServicesMore Info
440-258-9126

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Michael PasadynRussell Real Estate ServicesMore Info
440-258-9126

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