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

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

General Property Info

Total SqFt Available: 20284 Bldg Sq Ft: 23000 Max Cont Sqft Avail: 20284 Minimum Sqft Avail: 23000 Occupancy Rate: 100 Year Built: 1974 Acreage: 2.06

Tax Info

Parcel #: F16-0-001-00-093-03 Mult Parcels/Sch Dis: Yes Tax Year: 2023 Tax Abatement: No Taxes (Yrly): 4526 Tax Incentive: No

Status Change Info

Under Contract Date: 2024-09-27 Sold Date: 2024-09-27 Sold Price: $1,500,000 Sold Price/SqFt: 73.95

Lease Info

Term Desired: 10 years

Expenses

R.E. Taxes: 4980 Property Insurance: 4600

Auction Info

Auction/Online Bidding Y/N: No

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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