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    166 Milan Ave Norwalk, OH 44857

    Sponsored
    For Sale
    Contact for pricing

    Prime Office, High Visibility, Great Parking

    Property size:
    1,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1,000 square foot office space is available for sublease at 166 Milan Avenue in Norwalk, Ohio. Situated on a 1.29-acre lot, this property boasts high visibility and excellent accessibility with two curb cuts, catering to a daily traffic count of 12,283 vehicles. The lease includes all property taxes, insurance, maintenance, and utilities, simplifying budgeting and operational costs. The space features five handicap-accessible offices currently undergoing renovations, providing a modern and inclusive work environment. Shared amenities include a conference room, breakroom, and restrooms, enhancing convenience and collaboration. A private entrance and integrated security and sprinkler systems ensure safety and peace of mind. The current rental price is $2000, but is negotiable depending on the tenant's space requirements. A large open space at the rear of the building may be included in the lease agreement. This build-to-suite option offers flexibility for businesses seeking to customize their workspace. Located in the heart of Huron County, this property offers an ideal location for businesses seeking high visibility and convenient access. The November 2024 update includes the possibility of including a large open space in the back of the building as part of the lease.

    Property Features for 166 Milan Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,000 SF
    Lot Size
    56,192 SF

    Building Details

    Year Built
    1956
    Property Profile Location Intelligence

    Current Use by Public Records

    Columbia Gas Co ... Gas Company Rzlynt Computer Repair Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Huron
    State
    Ohio
    Longitude
    -82.61131
    Latitude
    41.25528

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office, High Visibility, Great Parking
    Where is this office property / space located?
    The property is located at 166 Milan Ave Norwalk, OH.
    What is the asking price?
    The asking price for this property is $2,000.
    (419) 663-3536
    Request Owner's contact information
    166 Milan Ave Norwalk, OH 44857
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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
    166 Milan Ave Norwalk, OH 44857
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