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High-Visibility Commercial Property on Route 107
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13805 State Route 107, Montpelier, OH 43543

Commercial property with two buildings, flexible layout, and expansion potential.

Property Size7,000 SF
Lot Size3.14 Acres
Price / SF$56.43
Days on Market147

Property Features for 13805 State Route 107

General Information

Standard status Active
Size 7,000 SF
Lot size 3.14 Acres
Property subtype Retail

Building Details

Year Built 1993
Listing Agency: Classic Properties - Coldwell Banker
Listed By: Cheryl Andres · License #OH
Source: Crexi
Added: Mar 19 Changed: Aug 8 Last Checked: Aug 11 at 7:19PM

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 Classic Properties - Coldwell Banker

Investment Insights

Based on property information with market context.

Located on State Route 107 in Montpelier, this commercial property offers a rare opportunity with high visibility on 3.14 acres, situated just west of the intersection of State Route 15. The property includes two newer commercial buildings constructed in 1993 and 1994, featuring asphalt-paved parking and potential for various business uses. The east building, built by Welling Construction, provides approximately 4,000 square feet (40' x 100') configured as a large open space. It includes three furnaces (two operating), central air, and three handicap-accessible restrooms. The west building, built by Siebenaler Construction, offers approximately 3,000 square feet (40' x 75') and was originally designed as three separate units, each with its own furnace, central air, and handicap-accessible restroom. Both buildings were designed with three individual units, each with its own furnace and restroom, and the entryway walls between units could easily be closed again to create up to six separate rental suites, offering flexibility for multi-tenant use or investment income. Each building has its own separate electric meter. Asphalt parking is available for approximately 35-40 vehicles in front, with additional parking in the rear. The front roofs on both buildings were replaced approximately two years ago. Served by well water, the property also has room for a potential third building. Conveniently located minutes from the Ohio Turnpike, it provides regional access, approximately 1 hour to Toledo and about 1 hour 10 minutes to Fort Wayne. The property is suitable for a variety of business uses.

Key Highlights

  • High‑visibility commercial property on 3.14 acres with excellent location near the intersection of State Route 15 and State Route 107.
  • Two newer commercial buildings (built in 1993 & 1994) offering a combined 7,000 sq ft of flexible space.
  • Potential for multi‑tenant use or investment income with the ability to create up to six separate rental suites.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Auto Repair Shop Garden Center Skin Care Clinic Food Market Accounting 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

37
Businesses Nearby

Demographics for 43543, OH

7,364
Population
3,555
Households
2.1
Avg Household Size
44
Median Age
11%
College-Educated
92%
High-School Grad
84.7 sq mi
ZIP Area
87
Density / Sq Mi
$60,685
Median Household Income
$40,268
Median Earnings
$745
Median Rent
$130,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial property with two buildings, flexible layout, and expansion potential.
Where is this retail space located?
The property is located at 13805 State Route 107 Montpelier, OH.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: High‑visibility commercial property on 3.14 acres with excellent location near the intersection of State Route 15 and State Route 107.; Two newer commercial buildings (built in 1993 & 1994) offering a combined 7,000 sq ft of flexible space.; Potential for multi‑tenant use or investment income with the ability to create up to six separate rental suites.
More about this property
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