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504 Walnut St SE 164,321 SF Industrial Building Niles, OH 44446 $5,283,000 ($32.15/SF)
INVESTMENT HIGHLIGHTS
- Heavy industrial facility with nine overhead cranes.
- Located in Niles’ manufacturing district with strong transport access.
- Multiple dock configurations for flexible logistics.
- Robust electrical infrastructure for power-intensive operations.
EXECUTIVE SUMMARY
Electrical infrastructure includes a 480-volt substation rebuilt in 2014 and a secondary 240-volt system, supporting heavy power requirements. Additional amenities include a 4,500 SF office suite with conference facilities, dry sprinkler system, and LED lighting throughout. Environmental compliance is actively managed through Arcadis’ VAP program, with costs covered by a third party. Located within the I and HM zoning districts, the site offers strategic positioning near major transportation routes, making it ideal for manufacturers seeking scalability and efficiency. Offered at $5,283,000, this asset combines operational readiness with long-term value in a region known for its skilled workforce and industrial heritage.
PROPERTY FACTS
| Price | $5,283,000 | Rentable Building Area | 164,321 SF |
| Price Per SF | $32.15 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 2000 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 17’ |
| Lot Size | 10.32 AC | No. Dock-High Doors/Loading | 9 |
| Price | $5,283,000 |
| Price Per SF | $32.15 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 10.32 AC |
| Rentable Building Area | 164,321 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| Clear Ceiling Height | 17’ |
| No. Dock-High Doors/Loading | 9 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
504 Walnut Street SE presents an exceptional leasing opportunity for companies requiring a high-capacity industrial environment. This 186,450 SF facility on 11.01 acres is engineered for heavy manufacturing, featuring a steel frame, reinforced concrete floors, and clear spans of 12 to 17 feet. The property is equipped with nine overhead bridge cranes (3 to 10 tons), five tractor trailer docks, and four sunken docks, ensuring seamless logistics for varied transport needs. Power-intensive operations benefit from a robust electrical setup, including a 480-volt substation and a secondary 240-volt system. The building also offers a 4,500 SF office component with private offices, open work areas, and conference space, complemented by modern LED lighting and a dry sprinkler system for fire protection. Environmental compliance is maintained through Arcadis’ VAP program, with associated costs covered externally. Situated in Niles’ industrial corridor, the property provides excellent connectivity to regional highways and supply chains, making it an ideal choice for manufacturers or distributors seeking efficiency and scalability. Available at $3.25 per square foot NNN, this facility delivers operational strength and strategic location advantages for long-term success.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 186,450 SF | Industrial | - | 30 Days |
1st Floor
| Size |
| 186,450 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 186,450 SF |
| Space Use | Industrial |
| Condition | - |
| Available | 30 Days |
504 Walnut Street SE presents an exceptional leasing opportunity for companies requiring a high-capacity industrial environment. This 186,450 SF facility on 11.01 acres is engineered for heavy manufacturing, featuring a steel frame, reinforced concrete floors, and clear spans of 12 to 17 feet. The property is equipped with nine overhead bridge cranes (3 to 10 tons), five tractor trailer docks, and four sunken docks, ensuring seamless logistics for varied transport needs. Power-intensive operations benefit from a robust electrical setup, including a 480-volt substation and a secondary 240-volt system. The building also offers a 4,500 SF office component with private offices, open work areas, and conference space, complemented by modern LED lighting and a dry sprinkler system for fire protection. Environmental compliance is maintained through Arcadis’ VAP program, with associated costs covered externally. Situated in Niles’ industrial corridor, the property provides excellent connectivity to regional highways and supply chains, making it an ideal choice for manufacturers or distributors seeking efficiency and scalability. Available at $3.25 per square foot NNN, this facility delivers operational strength and strategic location advantages for long-term success.
PROPERTY TAXES
| Parcel Number | 25-695300 | Improvements Assessment | $306,710 |
| Land Assessment | $36,120 | Total Assessment | $342,830 |
PROPERTY TAXES
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504 Walnut St SE
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