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1605 State Road

Other, OH 44089
  • $6,000,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 6092458
UPDATED: 32 min ago
$6,000,000
  • 0
    BEDS
  • 10.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 59,461
    SQFT
  • $101
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1994
County:

School Ratings & Info

Description

Vineyard Square Plaza shopping center and warehouses for sale on SR 60 in Vermilion. Cap rate 6.73%. Retail: 29,261 SF. Flex Space: 30,200 SF. 98% occupancy. Tenants include Mercy Health (48% of retail income, 32% of overall Income). Site approval for 6,000 SF of additional flex space. Owner, developer and a current tenant (Prete Builders) are related parties. Tenant is willing to sign a 3-year master lease, assignable. Sale includes two Erie County Parcels: 1200083002 and 1200083005.

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© 2022 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than CCR, Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or CCR, Realtors. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Broker Reciprocity information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data updated at least every 12 hours; data last updated: 2022-09-30T10:24:52.297.
www.ccrrealtors.com/homes/132599537
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1605 State Road Other, OH 44089

  • Price: $6,000,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 32 min ago
  • MLS #: 6092458
0
Beds
0
Baths
0
½ Baths
10.86
Acres
59,461
SQFT
$101
$/SQFT
1994
Built
Neighborhood:
030 - Other Oh Counties
County:
Erie
Area:
030 - Other Oh Counties
Property Description
Vineyard Square Plaza shopping center and warehouses for sale on SR 60 in Vermilion. Cap rate 6.73%. Retail: 29,261 SF. Flex Space: 30,200 SF. 98% occupancy. Tenants include Mercy Health (48% of retail income, 32% of overall Income). Site approval for 6,000 SF of additional flex space. Owner, developer and a current tenant (Prete Builders) are related parties. Tenant is willing to sign a 3-year master lease, assignable. Sale includes two Erie County Parcels: 1200083002 and 1200083005.
Exterior Features

Construction Materials Other Foundation Details Slab Levels One Lot Size Area 10.8638 Lot Size Units Acres Parking Features Parking LotParking Space(S) Roof MetalShingle

Interior Features

Appliances Water Heater Cooling Other Flooring Other Heating Other Interior Features Other Main Level Bathrooms 0

Property Features

Building Features No Loading Business Type Retail Current Use Commercial Disclosures Sellers Disclosure Not Available Inclusions Real Estate Lease Term Other Listing Terms CashConventionalOther Net Operating Income 0 Occupant Type Owner Owner Pays Other Possession Negotiable Property Sub Type Business Property Sub Type Additional Commercial Sewer Sanitary Tenant Pays Other Water Source Public

Listing provided by Hoty Enterprises, Inc. : [IDXCONTACTINFORMATION]. © 2022 NORIS. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.


© 2022 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than CCR, Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or CCR, Realtors. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Broker Reciprocity information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data updated at least every 12 hours; data last updated: 2022-09-30T10:24:52.297.
 
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1737 Allentown Road
Lima OH, 45805