521 S Market St Galion, OH 44833
For Lease
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This exceptional Galion, Ohio industrial property offers 140,000 square feet of contiguous warehouse space, perfect for a variety of manufacturing or storage needs. The building, constructed in 1908, is a three-story Class C structure situated on a 4.585-acre lot. The property features 128,000 square feet of immediately available space, making it an ideal solution for businesses seeking quick occupancy. The warehouse boasts a 14-foot ceiling height, providing ample vertical space for storage and operations. Loading and unloading are facilitated by four loading docks and one drive-in door. The property also includes 60 total parking spaces to accommodate employees and visitors. The building is equipped with three-phase power and elevators for efficient material handling and vertical transportation. The property is zoned for general industrial use, offering flexibility for various business types. Located near E. Parson, this warehouse provides convenient access to transportation routes. The property's APN is 190024539.001. The lease rate is $0.30 per square foot per month, and the space can be divided to accommodate smaller tenants. Don't miss this opportunity to secure a substantial and well-located warehouse space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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