112 S Main St | Convoy, OH 45832
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- LoopNet Team
112 S Main St
Convoy, OH 45832
Absolute Auction: Former Bank with Drive-Thru · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Must-Sell Absolute Auction With No Reserve
- Convoy is part of the Van Wert Metropolitan Statistical Area (MSA) with a total population count of 28,744 and is 28 miles southeast of Fort Wayne,IN
- Motivated Seller: The subject property is a bank-owned property that will be selling at a low cost basis.
- Fast Food Conversion Potential: The freestanding building can be converted to a Fast Food operation with a single lane drive-thru set up.
- New ownership will have the ability to pursue a lease-up strategy with prospective tenants to secure long-term cash flows
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
3,872 SF
Year Built
1971
Building Height
1 Story
Building FAR
0.52
Lot Size
0.17 AC
Parking
10 Spaces (2.58 Spaces per 1,000 SF Leased)
Frontage
8,000’ on MAIN ST
PROPERTY TAXES
| Parcel Number | 02-002324.0000 | Improvements Assessment | $14,870 |
| Land Assessment | $3,420 | Total Assessment | $18,290 |
PROPERTY TAXES
Parcel Number
02-002324.0000
Land Assessment
$3,420
Improvements Assessment
$14,870
Total Assessment
$18,290
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