12630 Walnut Creek Pike, Ashville, OH 43103
$1,500,000
Property Type:
Commercial
Square Footage:
23,000
Lot Size (sq. ft.):
89,734
Status:
Closed
Current Price:
$1,500,000
List Date:
9/27/2024
Last Modified:
9/27/2024
Description
Attention Investors! Amazing immediate income producing opportunity! This is a 23,000 square foot fully operational production warehouse with an existing tenant with a 10 year lease With a 10% cap rate, this investment promises a remarkable return on your investment. Benefit from a lucrative income stream that outpaces many traditional investment opportunities.
Supplements: ********
More Information MLS# 224034603
Location & Property Info
List Price/SqFt: 73.95
City (Mailing Addr): Ashville
Corp LimitPerAuditor: None
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: No
Lease Rate $/Sq Ft: 7.09
General Property Info
Total SqFt Available: 20284
Bldg Sq Ft: 23000
Max Cont Sqft Avail: 20284
Minimum Sqft Avail: 23000
Occupancy Rate: 100
# of Docks: 0
Year Built: 1974
Acreage: 2.06
Tax Info
Mult Parcels/Sch Dis: Yes
Tax Abatement: No
Taxes (Yrly): 4526
Tax Incentive: No
Parcel #: F16-0-001-00-093-03
Tax Year: 2023
Remarks & Misc
Property Description: Attention Investors! Amazing immediate income producing opportunity! This is a 23,000 square foot fully operational production warehouse with an existing tenant with a 10 year lease With a 10% cap rate, this investment promises a remarkable return on your investment. Benefit from a lucrative income stream that outpaces many traditional investment opportunities.
Status Change Info
Sold Price/SqFt: 73.95
Under Contract Date: 2024-09-27
Sold Date: 2024-09-27
Sold Price: $1,500,000
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
T Reimburses L
Curr Yr Est $/SF TRL: 0
Lease Info
Term Desired: 10 years
Expenses
R.E. Taxes: 4980
Property Insurance: 4600
Heat Fuel
Gas: 1
Water Source
Well: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Heat Type
Forced Air: 1
Electric
Single Phase: 1
Auction Info
Auction/Online Bidding Y/N: No
New Financing
Conventional: 1
Business Type
Retail: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1500000
Sold Price: $1,500,000
Property Sub Type: Mixed Use
Street #: 12630
Street Name: Walnut Creek
Street Suffix: Pike
County: Pickaway
State: OH
Zip Code: 43103
Township: Madison
OfficeContract Info
Status: Closed
MLS Entry Date: 2024-09-27
Property Features
Addl Acceptance Cond: None Known
Heat Fuel: Gas
Heat Type: Forced Air
Electric: Single Phase
Water Source: Well
Services Available: Electricity Available; Natural Gas Available
Business Type: Retail
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office: Keller Williams Greater Cols
Listing Agent: Kimberly Litvak
Last Updated: September - 27 - 2024
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