180 S Washington Street, Tiffin, OH 44883
Office - Tiffin, OH
- Added:
- Jan 29, 2026
- Days on Market:
- 136
- Last Refresh:
- Jun 14 at 2:06 pm
Property Features for 180 S Washington Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- APN
- Q534041333120000
- Size
- 1,551 SF
- Lot size
- 0.25 Acres
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Building materials
- Brick, Vinyl Siding
- Roof type
- Rubber
- Architectural style
- Other
Listing agent Cheryl L Hoskins License #2005005830 (419) 447-8579
Listing office Century 21 Bolte Real Estate - Tiffin 23 S. Washington Street, Port Clinton, OH (419) 447-8579
Listing date Jan 29, 2026
Copyright © 2026 Firelands MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime downtown location ideal for office or retail use.
- Income‑generating property, featuring two apartments currently rented.
- Functional first‑floor office space includes a reception area, offices, conference room, and parking.
- Office furniture included: desks, credenza, conference table, bookshelves, and safe.
- Two long‑term tenants (10+ years) offer immediate rental income.
- Full basement provides additional storage.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.9k | $18.00 |
| − Vacancy | −$5.5k | −$3.53 |
| EGI | $22.4k | $14.47 |
| − OpEx | −$5.6k | −$3.62 |
| NOI | $16.8k | $10.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tiffin
- County
- Seneca
- State
- Ohio
- Longitude
- -83.1764195
- Latitude
- 41.11254