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Freestanding Multi-Purpose Office Building
For Sale
$349,900
Pending

4481 N Us Highway 23, Fostoria, OH 44830

Built in 1968 with 80+ parking spaces and five restrooms, including ADA-accessible.

Property Size15,399 SF
Lot Size5.00 Acres
Days on Market2391

Property Features for 4481 N Us Highway 23

General Information

Standard status Pending
Size 15,399 SF
Lot size 5.00 Acres
Zoning suburban residential

Building Details

Year Built 1968
Listing Agency: Berkshire Hathaway HomeServices Koehler Realty
Listed By: Sue A. Rinehart
Source: Exprealty
Added: Mar 9, 2020 Changed: Sep 3 Last Checked: Sep 22 at 10:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Koehler Realty

Investment Insights

Based on property information with market context.

Built in 1968, this freestanding special use/multi-purpose building offers many large rooms along the perimeter that can work well for office layouts, along with five restrooms including a handicap-accessible option. The property is described as being in outstanding condition both inside and out.

Located in Fostoria, Ohio, the building sits on a natural grass mound that provides privacy and a park-like setting. An asphalt parking lot provides space for more than 80 vehicles.

Currently zoned suburban residential, the owner is going to rezone to commercial. The property is available for sale and showings include a realtor present.

Key Highlights

  • Freestanding special use/multi‑purpose building built in 1968 with 15,399 SF on 5 acres
  • Asphalt parking lot with capacity for 80+ spaces
  • Includes 5 restrooms, including a handicap (ADA‑accessible) restroom

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply HVAC Service Pharmacy Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 44830, OH

18,442
Population
8,231
Households
2.2
Avg Household Size
41
Median Age
12%
College-Educated
91%
High-School Grad
118.4 sq mi
ZIP Area
156
Density / Sq Mi
$61,589
Median Household Income
$38,905
Median Earnings
$770
Median Rent
$109,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Built in 1968 with 80+ parking spaces and five restrooms, including ADA-accessible.
Where is this office building located?
The property is located at 4481 N Us Highway 23 Fostoria, OH.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Freestanding special use/multi‑purpose building built in 1968 with 15,399 SF on 5 acres; Asphalt parking lot with capacity for 80+ spaces; Includes 5 restrooms, including a handicap (ADA‑accessible) restroom
More about this property
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