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458 2nd Ave 542,784 SF Industrial Building Tiffin, OH 44883 $15,000,000 ($27.64/SF)

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Investment Highlights

  • Rare, larger manufacturing facility in desirable Tiffin, OH location.
  • Rail-served industrial facility with direct access to Northern Ohio and Western Railway, providing interchange connectivity.
  • Extensive loading capabilities including numerous dock positions, multiple drive-in doors, and a deep truck court.
  • One parcel is located in the city of Tiffin. the other parcel is located in Hopewell Twp, which does not have zoning and reverts to AG.
  • Multiple integrated manufacturing and warehouse sections featuring durable metal and concrete block construction with upgraded systems.
  • Robust power distribution supported by several substations and heavy-duty electrical infrastructure suitable for advanced manufacturing.

Executive Summary

458 Second Avenue presents a rare opportunity to acquire a substantial industrial manufacturing facility in the heart of North Central Ohio. Positioned within the Tiffin corporate limits and extending partly into unzoned Hopewell Township, the property offers an exceptional combination of scale, infrastructure, and long-term adaptability for modern industrial users. Its strategic location provides immediate access to U.S. 224 and convenient connectivity to major regional markets including Toledo, Cleveland, Columbus, and Findlay, making it well suited for both regional distribution and specialized manufacturing operations.
The facility has been continuously improved over decades and now features multiple integrated building sections with durable metal and concrete block construction. Ceiling heights range from 14 feet in the original portion to 22 feet in the later warehouse expansions, allowing flexibility for diverse industrial workflows. A robust logistics profile includes 20 dock positions, six drive-in doors, and a 200-foot truck court, supporting efficient movement of materials. Importantly, the site is served by Northern Ohio & Western Railway with interchange access to CSX and Norfolk Southern, supplying dual long-haul rail connectivity for shippers seeking multimodal capability.
Power and mechanical systems are substantial, with multiple substations, air rotation furnaces, extensive sprinkler protection, and both city water and on-site storage with a booster pump. The property includes approximately 200 auto parking spaces and dedicated trailer parking along the western boundary. The surrounding business ecosystem includes major manufacturing employers and benefits from proximity to two universities, creating a reliable workforce pipeline.
With an asking price of $15,000,000, this offering provides investors or owner-users a compelling opportunity to secure a large-scale, rail-served industrial asset in a business-friendly, workforce-rich Ohio community.

Property Facts

Price $15,000,000
Price Per SF $27.64
Sale Type Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 35.42 AC
Rentable Building Area 542,784 SF
No. Stories 1
Year Built 1955
Tenancy Single
Parking Ratio 0.44/1,000 SF
Clear Ceiling Height 22’
No. Dock-High Doors/Loading 20
No. Drive In / Grade-Level Doors 4
Zoning M-2 - Tiffin parcel: M-2: Heavy Industrial Hopewell Twp parcel: currently unzoned and reverts to AG

Amenities

  • Fenced Lot
  • Security System

Utilities

  • Water
  • Sewer

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • Q53021194800000
  • Q53021192080000
  • Q53020365740000
  • Q53021192120000
  • Q53021192280000
  • Q53021192160000
  • Q53021192200000
  • Q53021192240000
  • Q53021198600000
Land Assessment
$225,540 (2025)
Improvements Assessment
$1,524,580 (2025)
Total Assessment
$1,750,120 (2025)
  • Listing ID: 33458813

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 458 2nd Ave, Tiffin, OH 44883

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