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314 Water Ave 24,000 SF Industrial Building Bellefontaine, OH 43311 $620,000 ($25.83/SF)
Investment Highlights
- Up to 18' Clear Height
- Fully Fenced
- Aluminum Roof
Executive Summary
314 Water Avenue, located at 314 Water Avenue, Bellefontaine, Ohio 43311, presents a compelling opportunity to acquire an income-producing manufacturing facility with room to grow. Situated on 3.047 acres and zoned M2 General Manufacturing, this 24,000 SF industrial property includes approximately 23,000 SF of warehouse space and 1,000 SF of office space. Designed for functionality and flexibility, the facility offers 16'–18' clear height, a 270' x 50' clear span, two dock doors, one drive-in door, 8" floors, and 800-amp / 240-volt / 3-phase power. The block and brick construction, aluminum roof, wet sprinkler system, T-8 lighting, infrared gas heat in the plant, and forced-air gas heat in the office support a wide range of manufacturing and warehouse uses. The site is fully fenced and features outside storage, expandable land, city water, sewer, natural gas, and parking for approximately 100 vehicles. With a sale price of $620,000 and low annual taxes of $3,451.68, 314 Water Avenue is a value-driven industrial investment in a strategic Bellefontaine location.
Property Facts
| Price | $620,000 | Year Built/Renovated | 1950/1989 |
| Price Per SF | $25.83 | Tenancy | Single |
| Sale Type | Investment | Parking Ratio | 4.17/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 2 |
| Lot Size | 3.05 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 24,000 SF | Opportunity Zone |
Yes
|
| No. Stories | 1 | ||
| Zoning | M2 - General Manufacturing District | ||
| Price | $620,000 |
| Price Per SF | $25.83 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Lot Size | 3.05 AC |
| Rentable Building Area | 24,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1950/1989 |
| Tenancy | Single |
| Parking Ratio | 4.17/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M2 - General Manufacturing District |
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 17-091-15-17-007-001 | Improvements Assessment | $48,780 |
| Land Assessment | $19,830 | Total Assessment | $68,610 |
Property Taxes
Parcel Number
17-091-15-17-007-001
Land Assessment
$19,830
Improvements Assessment
$48,780
Total Assessment
$68,610
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314 Water Ave
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