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Suites A-H 974 State Route 28 19,000 SF 100% Leased Retail Building Milford, OH 45150 $1,220,000 ($64.21/SF)
Investment Highlights
- Great Location
- New Growth
- Well Established Area
Executive Summary
Flex Space, Office and Warehouse located in Milford, OH.
Two Buildings with approximately 19,000 SF
Owner User or Investment.
Income Producing Property with additional land.
Great Location
Milford Business St. Rt. 28
Two Additional Parcels of Land (0.94 acres Commercial Land on St. Rt. 28 and 0.47 acres Residential in the Rear of Property)
Well Established area near Business, Restaurants, Retail and Residential.
New large Apartment Complex being built across the street.
Fully Occupied with Good Rental History.
Separate Utilities Paid by Tenants. Owner pays Water and Sewer.
Below Market Rents Allows Upside Potential for New Owner.
Two Buildings with approximately 19,000 SF
Owner User or Investment.
Income Producing Property with additional land.
Great Location
Milford Business St. Rt. 28
Two Additional Parcels of Land (0.94 acres Commercial Land on St. Rt. 28 and 0.47 acres Residential in the Rear of Property)
Well Established area near Business, Restaurants, Retail and Residential.
New large Apartment Complex being built across the street.
Fully Occupied with Good Rental History.
Separate Utilities Paid by Tenants. Owner pays Water and Sewer.
Below Market Rents Allows Upside Potential for New Owner.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
19,000 SF
Building Class
C
Year Built
1969
Price
$1,220,000
Price Per SF
$64.21
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.29
Lot Size
1.49 AC
Zoning
B-2 GnBusn
Parking
12 Spaces (0.63 Spaces per 1,000 SF Leased)
Frontage
141’ on Business 28
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Apparel Decor And More Llc
- Professional, Scientific, and Technical Services
- -
- -
- -
- Doug Smithson Insurance
- Finance and Insurance
- -
- -
- -
- Hammonds & Welch Hardwood Floors
- -
- -
- -
- -
- Super Coupe Performance
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Apparel Decor And More Llc | Professional, Scientific, and Technical Services | - | - | - | ||
| Doug Smithson Insurance | Finance and Insurance | - | - | - | ||
| Hammonds & Welch Hardwood Floors | - | - | - | - | ||
| Super Coupe Performance | Retailer | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-14-27A-010P | Improvements Assessment | $186,730 |
| Land Assessment | $107,870 | Total Assessment | $294,600 |
Property Taxes
Parcel Number
18-14-27A-010P
Land Assessment
$107,870
Improvements Assessment
$186,730
Total Assessment
$294,600
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Suites A-H | 974 State Route 28