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10151 Maumee Western Road 10151 Maumee Western Rd 7,246 SF Retail Building Monclova, OH 43542 $450,000 ($62.10/SF) 12.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Sale includes an 8-unit apartment building and a single family residence
- New shingle roofs and new water tanks in every unit
EXECUTIVE SUMMARY
Included in sale:
-Commercial building- 1,672 SF
-8 unit apartment building- 3,480 SF
-House- 2,094 SF
2018 & 2019 Major Improvements:
- Rebuilt pump station for septic system.
- New pump in the well.
- New asphalt shingle roof on commercial building.
- All new water tanks in all units.
Located on South East corner of Maumee Western Road (20A) and Eber Road
-Commercial building- 1,672 SF
-8 unit apartment building- 3,480 SF
-House- 2,094 SF
2018 & 2019 Major Improvements:
- Rebuilt pump station for septic system.
- New pump in the well.
- New asphalt shingle roof on commercial building.
- All new water tanks in all units.
Located on South East corner of Maumee Western Road (20A) and Eber Road
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,246 SF
Building Class
C
Year Built
1959
Price
$450,000
Price Per SF
$62.10
Cap Rate
12.40%
NOI
$55,802
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.27 AC
Zoning
C-2 - General Commercial District
Parking
17 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
PROPERTY TAXES
| Parcel Number | 38-34294 | Improvements Assessment | $76,755 |
| Land Assessment | $11,130 | Total Assessment | $87,885 |
PROPERTY TAXES
Parcel Number
38-34294
Land Assessment
$11,130
Improvements Assessment
$76,755
Total Assessment
$87,885
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10151 Maumee Western Road | 10151 Maumee Western Rd
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