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

Overview

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.

Listing Details MLS# 224034603

Location Property Info

Original List Price
1500000
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

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
# of Docks
0

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/SqFt
73.95

Lease Info

Term Desired
10 years

More Information

Expenses

R.E. Taxes
4980
Property Insurance
4600

Auction Info

Auction/Online Bidding Y/N
No

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

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.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

T Reimburses L

Curr Yr Est $/SF TRL
0

Heat Fuel

Gas
Yes

Water Source

Well
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes

Heat Type

Forced Air
Yes

Electric

Single Phase
Yes

New Financing

Conventional
Yes

Business Type

Retail
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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 D Litvak
Last Updated: September - 27 - 2024
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