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22840 Canal Rd 3,200 SF Industrial Building Circleville, OH 43113 $495,000 ($154.69/SF) 8.40% Cap Rate

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Investment Highlights

1.5 Acres, 3,200 Sqf
Completely gated perimeter with fresh gravel.

Newly Renovated 2023
Perfect turn-key property for owner, user or investor

Executive Summary

Newly renovated and fully leased 3,900 Flex-Warehouse sitting on 1.5 Acres! Two Offices, Kitchenette and Restrooms. Brand new windows, electrical, and overhead doors. Completely gated perimeter with fresh gravel. Perfect investment opportunity! Just 25 minutes from I-270 and US-23 interchange.

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Property Facts

Price	$495,000	Lot Size	1.50 AC
Price Per SF	$154.69	Rentable Building Area	3,200 SF
Sale Type	Investment or Owner User	No. Stories	1
Cap Rate	8.40%	Year Built	1950
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse Flex Light Manufacturing Industrial Distribution Industrial Manufacturing	Clear Ceiling Height	12’
Building Class	B	No. Drive In / Grade-Level Doors	2
Zoning	commercial

Price	$495,000
Price Per SF	$154.69
Sale Type	Investment or Owner User
Cap Rate	8.40%
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Industrial Distribution Industrial Manufacturing
Building Class	B
Lot Size	1.50 AC
Rentable Building Area	3,200 SF
No. Stories	1
Year Built	1950
Tenancy	Single
Clear Ceiling Height	12’
No. Drive In / Grade-Level Doors	2
Zoning	commercial

Lighting
Gas - Propane
Water - Well
Sewer - Septic Field
Heating - Gas

1 1

Somewhat walkable

20/100

Exceptionally drivable

90/100

Somewhat bikeable

20/100

Source: Local Logic^®

Property Taxes

Parcel Number	P33-0-001-00-042-00	Improvements Assessment	$13,780
Land Assessment	$9,670	Total Assessment	$23,450

Property Taxes

Parcel Number

P33-0-001-00-042-00

Land Assessment

$9,670

Improvements Assessment

$13,780

Total Assessment

$23,450

(614) 935-9075

Contact

Jonathan Romanovich
Red 1 Realty

Listing ID: 29419621
Date on Market: 9/1/2023
Last Updated:
Address: 22840 Canal Rd, Circleville, OH 43113

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22840 Canal Rd, Circleville, OH for sale Building Photo- Image 1 of 23 — Overview 5

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 2 of 23 — Overview 1

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 3 of 23 — Overview 2

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 4 of 23 — Warehouse1

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 5 of 23 — Warehouse2

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 6 of 23 — Warehouse3

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 7 of 23 — Breakroom

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 8 of 23 — Office

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 9 of 23 — Office1

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 10 of 23 — Ouitside8

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 11 of 23 — Outside

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 12 of 23 — Outside1

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 13 of 23 — Outside2

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 14 of 23 — Outside3

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 15 of 23 — Outside4

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 16 of 23 — Outside5

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 17 of 23 — Outside6

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 18 of 23 — Outside7

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 19 of 23 — Outside9

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 20 of 23 — Outside10

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 21 of 23 — Outside11

22840 Canal Rd, Circleville, OH for sale Building Photo- Image 22 of 23 — Outside13

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22840 Canal Rd

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