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341-345 E Main St
Enon, OH 45323
Fully Lease Industrial For Sale · Flex Property For Sale
Investment Highlights
- Stabilized income property anchored by a long-established Ohio brand — Magnetic Springs Water Company
- Tenant carries the majority of operating expenses, HVAC maintenance, and all utility costs — landlord obligations limited primarily to taxes, struct
- Five-year initial lease term in place through October 1, 2029, with five one-year renewal options extending potential occupancy through 2034
- 20 FT Ceilings, 14 FT Overhead Door, New Electric (200/220), Roof Replaced (2019), New Restroom, City Water, City Sewer
Executive Summary
Coldwell Banker Commercial | Heritage is pleased to present the exclusive opportunity to acquire 345 E. Main Street, Enon, Ohio — a stabilized, income-producing commercial investment property fully occupied by Magnetic Springs Water Company, a long-established Ohio bottled water operator. 20 FT Ceilings, 14 FT Overhead Door,
New Electric(200/220), Roof Replaced (2019), New Restroom, City Water, City Sewer
The asset is offered subject to an in-place commercial lease running through October 1, 2029, with five (5) one-year renewal options available to the tenant at the same terms. Base rent is $4,000 per month ($48,000 annually), with the tenant responsible for all utilities, interior maintenance, semi-annual HVAC service, common area upkeep, snow removal, and a $1,000,000 liability policy naming the landlord as an additional insured. Landlord obligations are limited primarily to real estate taxes, structural roof and building elements, and fire/extended coverage insurance.
This is a passive, low-touch ownership profile for an investor seeking dependable cash flow from a credit-conscious Ohio operator with deep local brand history. Title is clean — no option to purchase, right of first refusal, or recorded memorandum of option encumbers the property — giving the new owner full flexibility to hold for income, refinance, or reposition at lease expiration.
All offers should be submitted in writing to Pat Williams, Vice President of Commercial Sales & Leasing at Coldwell Banker Commercial | Heritage. Additional financials, lease documentation, and a property tour are available to qualified investors upon execution of a standard confidentiality agreement.
New Electric(200/220), Roof Replaced (2019), New Restroom, City Water, City Sewer
The asset is offered subject to an in-place commercial lease running through October 1, 2029, with five (5) one-year renewal options available to the tenant at the same terms. Base rent is $4,000 per month ($48,000 annually), with the tenant responsible for all utilities, interior maintenance, semi-annual HVAC service, common area upkeep, snow removal, and a $1,000,000 liability policy naming the landlord as an additional insured. Landlord obligations are limited primarily to real estate taxes, structural roof and building elements, and fire/extended coverage insurance.
This is a passive, low-touch ownership profile for an investor seeking dependable cash flow from a credit-conscious Ohio operator with deep local brand history. Title is clean — no option to purchase, right of first refusal, or recorded memorandum of option encumbers the property — giving the new owner full flexibility to hold for income, refinance, or reposition at lease expiration.
All offers should be submitted in writing to Pat Williams, Vice President of Commercial Sales & Leasing at Coldwell Banker Commercial | Heritage. Additional financials, lease documentation, and a property tour are available to qualified investors upon execution of a standard confidentiality agreement.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built/Renovated | 1965/2019 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.46 AC | Parking Ratio | 2.31/1,000 SF |
| Rentable Building Area | 5,600 SF | No. Drive In / Grade-Level Doors | 1 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.46 AC |
| Rentable Building Area | 5,600 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1965/2019 |
| Tenancy | Single |
| Parking Ratio | 2.31/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
Utilities
- Water - City Water
- Sewer - City Sewer
Property Taxes
| Parcel Number | 21-00600-03130-5003 | Improvements Assessment | $78,340 |
| Land Assessment | $14,950 | Total Assessment | $93,290 |
Property Taxes
Parcel Number
21-00600-03130-5003
Land Assessment
$14,950
Improvements Assessment
$78,340
Total Assessment
$93,290
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