Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1550 Spruce St Wooster, OH 44691

    For Sale
    $2,495,000

    46,890 SF industrial building ideal for distribution, warehousing, or manufacturing.

    Lot size:
    2.78 Acres

    Property Features for 1550 Spruce St

    General Information

    Lot size
    2.78 Acres

    Source: Gerspacher Real Estate Group Agent Troy Gerspacher, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Industrial Building with Rail

    This recently renovated 46,890 SF industrial building offers functionality suitable for distribution, warehousing, or manufacturing. The building features 4 loading docks (two 8' x 10', one 8' x 8', and one 10' x 14') and 3 drive-in doors. Clear heights range from 14' to 16'. Recent upgrades include a new steel-pitched roof installed in 2023, a flat rubber roof installed in 2018, and a new partial-coverage sprinkler system installed in 2023. The property benefits from rail access, 800 AMP, 3-phase 480/277 V power, and radiant heat throughout. The office area includes 4 offices, a conference room, and 2 ADA-compliant restrooms. Exterior features include 12 parking spaces and space for 18 or more semi-trailers. The property is zoned I-2 Industrial. The front of the building will be finished with new steel siding and a new main entrance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wooster
    County
    Wayne
    State
    Ohio
    Longitude
    -81.941614
    Latitude
    40.786012

    Nearby Similar for Sale

    • $2,000,000
      0.30 Acres

      Wooster Multi-Use Commercial Property

      Premier investment opportunity in historic downtown Wooster with multiple revenue streams.
      144 W Liberty St, Wooster, OH 44691
      View Details
    • $150,000
      1,172 SF

      Remodeled Duplex Investment Opportunity

      Turnkey duplex in Wooster, Ohio, with income potential.
      349 W North St, Wooster, OH 44691
      View Details
    • $189,000
      1,896 SF

      Wooster Duplex: Investment Opportunity

      Charming Wooster duplex near downtown with rental income potential.
      143 Park Ave, Wooster, OH 44691
      View Details
    • $160,000
      Pending

      Wooster Duplex with Established Tenants

      Duplex in Wooster, OH with long-term tenants and reliable rental history.
      733 Spink St, Wooster, OH 44691
      View Details
    • $199,000
      0.21 Acres

      Wooster Duplex: Investment Opportunity

      Brick duplex in Wooster with income potential and garage space.
      657 N Bever St, Wooster, OH 44691
      View Details
    • $189,000
      0.11 Acres

      Wooster, OH Triplex Investment

      Triplex near downtown Wooster, Ohio with investment potential.
      323 N Grant St, Wooster, OH 44691
      View Details

    FAQs

    What type of property is this?
    Warehouse - 46,890 SF industrial building ideal for distribution, warehousing, or manufacturing.
    Where is this warehouse located?
    The property is located at 1550 Spruce St Wooster, OH.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: - Recently renovated 46,890 SF industrial building.; - New steel-pitched roof (2023) and partial-coverage sprinkler system (2023).; - Features 4 loading docks and 3 drive-in doors.
    (216) 470-4545
    Request Owner's contact information
    1550 Spruce St Wooster, OH 44691
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1550 Spruce St
    Wooster, OH 44691
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1550 Spruce St Wooster, OH 44691
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.