Mixed-Use Property With
For Sale
$185,000
& 743 1/2 Harding Way W, Galion, OH 44833
Apartment,Professional/Office,Commercial, Galion, OH
Property Size923 SF
Lot Size0.21 Acres
Price / SF$200.43
Days on Market142
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Property Features for & 743 1/2 Harding Way W
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Take portland way s, turn R onto Harding way West at 4 way stop light, property listed on Right hand side. Parking in back.
Subdivision
Crawford
Standard status
Active
APN
190026791000
Lot size
0.21 Acres
Taxes and HOA fees
Tax Description
41 X 237 436 WMDPT BK 973 PG 1138PB PG
Tax Annual Amount
771
Legal Description
41 X 237 436 WMDPT BK 973 PG 1138PB PG
Utilities
Heating system
Natural Gas, Baseboard
Amenities
wood deck
laundry
built-in bookcase
working gas fireplace
koi pond
covered patio
Building Details
Year built
1940
Roof type
Composition
Listing Agency:
Sluss Realty
(419) 529-3047
Listed By:
Danielle Holt · License #2018004978
(740) 361-1630
Added: May 27
Changed: Sep 13
Last Checked: Oct 15 at 6:06PM
MLS# 9073520
Copyright © 2026 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines a one-bedroom, one-bath apartment with dedicated office space. The apartment contains 527 SF, while the office measures 923 SF and includes a built-in bookcase and working gas fireplace. The residence offers large closets, some updated vinyl windows, and access to a full-floor laundry area. An updated AC unit serves the property, with baseboard and natural gas heating.
The 0.206-acre lot is partially fenced and includes a koi pond, covered patio, and privacy fencing. Parking includes a shared lot plus a gravel area accommodating 3 cars. A detached 3-car garage with electric was built in 1998 and received a new composition roof in 2025. Each unit has (2) 100 amp electric boxes, and the property was built in 1940.
The 0.206-acre lot is partially fenced and includes a koi pond, covered patio, and privacy fencing. Parking includes a shared lot plus a gravel area accommodating 3 cars. A detached 3-car garage with electric was built in 1998 and received a new composition roof in 2025. Each unit has (2) 100 amp electric boxes, and the property was built in 1940.
Key Highlights
- Mixed‑use layout with a 1 bed/1 bath apartment and 923 SF of office space
- Apartment contains 527 SF and includes large closets plus full‑floor laundry access
- Detached 3 car garage with electric; built 1998 and fitted with a new roof in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,839
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$176,780
$176.8K
Cap Rate 7%
$126,271
$126.3K
Cap Rate 9%
$98,211
$98.2K
Market Conditions
NOI Build-Up for 923 SF
Gross rent
$14.7K $15.96/SF
− Vacancy
−$2.9K −$3.19/SF
EGI
$11.8K $12.77/SF
− OpEx
−$2.9K −$3.19/SF
NOI
$8.8K $9.58/SF
Area
Crawford County, OH
Vacancy
20.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$176,780
Cap Rate 7%
$126,271
Cap Rate 9%
$98,211
Alternative Uses
Best Use
Office B
$126.3K
$110.5K – $147.3K
NOI $8,839 @ 7.0% cap · market cap 4.78%
Second Best
Mixed Use
$44.1K
$38.6K – $51.5K
NOI $3,090 @ 7.0% cap · market cap 1.67%
Theoretical Best
Specialty Retail
$180.9K
$158.3K – $211.1K
NOI $12,666 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
Demographics for 44833, OH
16,786
Population
8,278
Households
2
Avg Household Size
44
Median Age
16%
College-Educated
91%
High-School Grad
90.4 sq mi
ZIP Area
186
Density / Sq Mi
$57,234
Median Household Income
$39,535
Median Earnings
$772
Median Rent
$127,700
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Apartment and office components share a partially fenced lot with covered outdoor space and supplemental parking.
Where is this mixed-use property located?
The property is located at & 743 1/2 Harding Way W Galion, OH.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Mixed‑use layout with a 1 bed/1 bath apartment and 923 SF of office space; Apartment contains 527 SF and includes large closets plus full‑floor laundry access; Detached 3 car garage with electric; built 1998 and fitted with a new roof in 2025
