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    608 Clinton St Defiance, OH 43512

    Sponsored
    For Sale
    $565,000

    High-potential commercial property, 25,000+ sq ft

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 608 Clinton Street Unit 608 in Defiance, Ohio, presents a unique investment opportunity. Boasting over 25,000 square feet of space, this building is situated in the heart of downtown Defiance and offers a multitude of potential uses. The property includes two currently rented storefronts, generating immediate income, and a third storefront ready for occupancy, providing further revenue potential. A significant advantage is the expansive parking lot located at the rear of the building, encompassing over half an acre. This ample parking ensures convenient access for tenants and customers. The second floor provides substantial space, ideal for office use or further development. The building's prime downtown location offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. With its substantial size, existing rental income, and ample parking, this property represents a compelling investment opportunity in a thriving downtown area. The 0.51-acre lot provides significant flexibility for future expansion or redevelopment. This is a rare chance to acquire a large, established commercial building in a desirable location. Serious inquiries are encouraged.

    Property Features for 608 Clinton St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    22,216 SF

    Building Details

    Year Built
    1918
    Property Profile Location Intelligence

    Current Use by Public Records

    United Way of Defiance ... Social Services Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Defiance
    County
    Defiance
    State
    Ohio
    Longitude
    -84.36417
    Latitude
    41.28377

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    FAQs

    What type of property is this?
    Commercial real estate - High-potential commercial property, 25,000+ sq ft
    Where is this commercial real estate located?
    The property is located at 608 Clinton St Defiance, OH.
    What is the asking price?
    The asking price for this property is $565,000.
    (419) 274-8551
    Request Owner's contact information
    608 Clinton St Defiance, OH 43512
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    Defiance, OH 43512
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    608 Clinton St Defiance, OH 43512
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