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201 Reed St 10,032 SF 100% Leased Flex Building Spencer, OH 44275 $599,000 ($59.71/SF)
INVESTMENT HIGHLIGHTS
- Income-producing asset with an extra 3.4 acres for additional self-storage, flex space, or a standalone shop.
- Situated off 301 south of Rt. 162, with both privacy and great access
- Includes: 4 drive-in doors, central HVAC, and office / warehouse
EXECUTIVE SUMMARY
An industrial/flex opportunity in Medina County offering income now and growth for later. This 10,032 SF building sits on 3.43 acres and features an office/warehouse mix with four drive-in doors, central HVAC, and public utilities. Zoned Industrial, the property provides both privacy and convenient access off OH-301 south of Rt. 162, connecting quickly to Medina, Lodi, and Wellington. With space for expansion or additional development, it’s ideal for contractors, service businesses, manufacturers, or investors looking for versatility and long-term upside.
Ideal Users / Possibilities
Contractors & Tradesmen:
Shop + yard + office in one location
Light Manufacturing :
Ample power and layout flexibility
Auto / Service Shops:
Drive-in access and storage space
Investors / Developers:
Income today, land for tomorrow
Ideal Users / Possibilities
Contractors & Tradesmen:
Shop + yard + office in one location
Light Manufacturing :
Ample power and layout flexibility
Auto / Service Shops:
Drive-in access and storage space
Investors / Developers:
Income today, land for tomorrow
PROPERTY FACTS
| Price | $599,000 | Lot Size | 3.43 AC |
| Price Per SF | $59.71 | Rentable Building Area | 10,032 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 1966 |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 10’8” |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | C-1 - Allows for businesses providing goods and services to the local community to be established in residential areas. | ||
| Price | $599,000 |
| Price Per SF | $59.71 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 3.43 AC |
| Rentable Building Area | 10,032 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Clear Ceiling Height | 10’8” |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | C-1 - Allows for businesses providing goods and services to the local community to be established in residential areas. |
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Legro Inc
- Construction
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Legro Inc | Construction | - | - | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $43,830 | |
| Land Assessment | $31,710 | Total Assessment | $75,540 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$31,710
Improvements Assessment
$43,830
Total Assessment
$75,540
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201 Reed St
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