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    1302 Defiance St Wapakoneta, OH 45895

    Sponsored
    For Sale
    $281,700

    Prime location, 1878 sq ft, ample parking.

    Property size:
    1,878 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 1302 Defiance Street in Wapakoneta, Ohio, presents a fantastic investment opportunity. The 1,878 square foot building boasts a desirable location at the north end of town and benefits from a strong history as the former home of Schwieterman Pharmacy. Constructed with a durable brick and block frame on a concrete slab foundation, the building offers a solid structure for a variety of commercial uses. The interior features a showroom area with carpet and drop ceilings, providing a comfortable and adaptable space. A significant advantage is the inclusion of a drive-through window, a highly sought-after feature for many businesses. The property also includes a well-lit parking lot with capacity for fifteen vehicles, ensuring ample space for customers and employees. The 0.93-acre lot provides additional potential for expansion or outdoor uses. Please note that access requires 48 hours' notice to the previous tenant. This property is priced competitively at $281,700 and offers a compelling blend of location, features, and potential. Serious inquiries are encouraged.

    Property Features for 1302 Defiance St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,878 SF
    Lot Size
    40,511 SF

    Building Details

    Year Built
    1994
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wapakoneta
    County
    Auglaize
    State
    Ohio
    Longitude
    -84.20638
    Latitude
    40.58445

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, 1878 sq ft, ample parking.
    Where is this commercial real estate located?
    The property is located at 1302 Defiance St Wapakoneta, OH.
    What is the asking price?
    The asking price for this property is $281,700.
    (419) 586-2313
    Request Owner's contact information
    1302 Defiance St Wapakoneta, OH 45895
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    Wapakoneta, OH 45895
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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
    1302 Defiance St Wapakoneta, OH 45895
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