9950 Rittman Rd
Wadsworth, OH 44281
9950 Rittman Road · Industrial Property For Sale

A fully leased investment property where the owner of the real estate and his business Metcon Steel is interested in leasing back building 1 for 5 years at an annual gross rent of $48,000. In addition the second building has a new tenant in the construction business that pays $30,000 in annual rent. The tenants lease expires in May of 2019. The investment would yield an approximate 12% return if purchased at the asking price of $545,000. Building 1 was constructed in 1975 and is 9,592 SF with a 522 SF heated and air conditioned office area. The office area has two offices and two restrooms. The remainder of the building includes 1(8' x' 8' ) dock, and two grade level doors of 12' x12' and 10' x13' . Warehouse is 20' at peak and is heated by radiant heat and wood burner. Building 2 was constructed in 1985 and renovated in 1995. It is 7,328 SF with a 2,000 SF heated and air conditioned office. The office area has 6 private offices and 2 restrooms. The warehouse has radiant heat, a 14' ceiling clear and two 10' x12' grade level doors. 9550 Rittman Road in situated in Wadsworth Township, Wadsworth Ohio, southeast Medina County and Northeast Ohio. Although property has 303.8' of frontage on Wadsworth Road (SR-57), no curb cut is permitted. Entrance to property is off Rittman Road. This location is approximately 3 mile south of the I-76 at SR-57 interchange, giving one easy access to Columbus, Akron, Canton, Cleveland, and the Akron Canton Airport.