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554-562 W Tuscarawas Ave 26,639 SF 100% Leased Office Building Barberton, OH 44203 $800,000 ($30.03/SF) 6.75% Cap Rate



INVESTMENT HIGHLIGHTS
- Upside potential with many development options
- Close proximity to dining, entertainment, and Lake Anna Park
- 20,000 SF of raw space available for office, retail, or apartment conversion
EXECUTIVE SUMMARY
55,000 SF of Historic Buildings in downtown Barberton available for sale
Upside potential with many development options
20,000 SF of raw space available for office, retail or apartment conversion.
Close proximity to dining, entertainment and Lake Anna Park
Current NOI: $54,000.
Upside potential with many development options
20,000 SF of raw space available for office, retail or apartment conversion.
Close proximity to dining, entertainment and Lake Anna Park
Current NOI: $54,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
26,639 SF
Building Class
C
Year Built
1891
Price
$800,000
Price Per SF
$30.03
Cap Rate
6.75%
NOI
$54,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,880 SF
Building FAR
2.77
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
Commercial
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Alterd Relics
- -
- -
- -
- -
- Casa Del Ranchero
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Alterd Relics | - | - | - | - | ||
| Casa Del Ranchero | - | - | - | - |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 01-09329 | Improvements Assessment | $65,198 |
| Land Assessment | $16,800 | Total Assessment | $81,998 |
PROPERTY TAXES
Parcel Number
01-09329
Land Assessment
$16,800
Improvements Assessment
$65,198
Total Assessment
$81,998
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554-562 W Tuscarawas Ave
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