12630 Walnut Creek Pike, Ashville, OH 43103 (MLS# 224034603)

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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