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Downtown Norwalk Investment Portfolio 6 Properties Offered at $1,600,000 in Norwalk, OH
Executive Summary
7 building, 50,000 SF downtown Norwalk portfolio
All main floors fully leased, approx. 22,000 SF
Upper floors of 26 W Main & 48 Benedict leased
State-licensed freight elevator in 32 W Main
Approx 28,000 SF of developable upper floor space for apartments, condos, offices, coworking space, etc.
30+ car parking lot on Main St
Rear tenant parking on Benedict, with 5 additional owned spots on Water St
Gross rents in excess of $10,000/mo; 6.78% cap rate
Rent roll and fresh appraisals reflecting the full asking price are available by request to serious interested parties
Seller willing to work with Brokers on a Single-Party Showing basis
All main floors fully leased, approx. 22,000 SF
Upper floors of 26 W Main & 48 Benedict leased
State-licensed freight elevator in 32 W Main
Approx 28,000 SF of developable upper floor space for apartments, condos, offices, coworking space, etc.
30+ car parking lot on Main St
Rear tenant parking on Benedict, with 5 additional owned spots on Water St
Gross rents in excess of $10,000/mo; 6.78% cap rate
Rent roll and fresh appraisals reflecting the full asking price are available by request to serious interested parties
Seller willing to work with Brokers on a Single-Party Showing basis
Property Facts
| Price | $1,600,000 | Number of Properties | 6 |
| Price / SF | $32.66 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 48,987 SF |
| Status | Active | Total Land Area | 0.79 AC |
| Price | $1,600,000 |
| Price / SF | $32.66 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 48,987 SF |
| Total Land Area | 0.79 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 30 W Main St, Norwalk, OH 44857 | Office | 10,686 SF | 1878 | - |
| 32 W Main St, Norwalk, OH 44857 | Retail | 15,000 SF | 1900 | - |
|
Newman Block Building
26-28 W Main St, Norwalk, OH 44857 |
Retail | 10,500 SF | 1900 | - |
| 42-46 Benedict Ave, Norwalk, OH 44857 | Retail | 6,474 SF | 1905 | - |
| 48 Benedict Ave, Norwalk, OH 44857 | Retail | 4,352 SF | 1900 | - |
| 38 Benedict Ave, Norwalk, OH 44857 | Retail | 1,975 SF | 1941 | - |
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Downtown Norwalk Investment Portfolio
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