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1117 Clark St 5,500 SF 100% Leased Office Building Cambridge, OH 43725 $460,000 ($83.64/SF)
Investment Highlights
- Two existing tenant occupancies provide immediate income potential
- Large paved parking area accommodates employees and visitors
- Individual suite entrances enhance tenant privacy and accessibility
- Four separately metered suites support flexible ownership strategies
Executive Summary
Exceptional investment opportunity featuring a well-maintained multi-tenant office building in a highly desirable professional corridor. Ideally situated within close proximity to OhioHealth Hospital and the Muskingum Valley Health complex, this property is perfectly positioned for medical, professional, or service-based businesses. The building consists of four separate office suites, each offering approximately 1,100 square feet with individual entrances and separately metered utilities, providing flexibility for owners and tenants while simplifying property management. Each suite is thoughtfully designed with reception area, waiting room, multiple private offices, kitchen or laboratory space and private restroom facilities.
Adding to its investment appeal, two suites are occupied by long-term tenants, providing immediate, stable rental income while leaving additional space available for owner occupancy or future leasing opportunities. The property also features a large, paved parking lot with ample parking for tenants and clients, plus room for future expansion. Conveniently located less than five minutes from Interstate access, the building offers excellent accessibility for employees, clients, and patients alike. Whether you're an investor seeking a stable income-producing asset or an owner-user looking to offset occupancy costs with existing rental income, this versatile office property offers exceptional potential in one of the area's most established healthcare and professional business districts.
Adding to its investment appeal, two suites are occupied by long-term tenants, providing immediate, stable rental income while leaving additional space available for owner occupancy or future leasing opportunities. The property also features a large, paved parking lot with ample parking for tenants and clients, plus room for future expansion. Conveniently located less than five minutes from Interstate access, the building offers excellent accessibility for employees, clients, and patients alike. Whether you're an investor seeking a stable income-producing asset or an owner-user looking to offset occupancy costs with existing rental income, this versatile office property offers exceptional potential in one of the area's most established healthcare and professional business districts.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,500 SF
Building Class
C
Year Built
1961
Price
$460,000
Price Per SF
$83.64
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,750 SF
Building FAR
0.19
Lot Size
0.67 AC
Zoning
Commercial
Parking
21 Spaces (3.82 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $49,731 | |
| Land Assessment | $34,441 | Total Assessment | $84,172 |
Property Taxes
Parcel Numbers
Land Assessment
$34,441
Improvements Assessment
$49,731
Total Assessment
$84,172
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1117 Clark St