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Cold Storage Distribution Facility
For Sale
$1,900,000

1400 Commerce Drive, New Lexington, OH 43764

Own a multi-building distribution and temperature-controlled facility with dedicated cold storage and substantial on-site parking.

Property Size52,282 SF
Lot Size8.47 Acres
Price / SF$36.34
Days on Market352

Property Features for 1400 Commerce Drive

General Information

Standard status Active
Size 52,282 SF
Lot size 8.47 Acres
Property subtype Industrial / Mixed Use

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $18,765

Amenities

Electric, Gas
12.0
1

Building Details

Year Built 1996
Listing Agency: Keller Williams Consultants
Listed By: Francis A Pompey · License #2019001266
Source: Compass
Added: Aug 23, 2025 Changed: Aug 8 Last Checked: Aug 9 at 11:40AM

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 Keller Williams Consultants

Investment Insights

Based on property information with market context.

This property is a high-capacity commercial distribution and cold storage complex featuring multiple buildings configured for both temperature-sensitive and general warehousing operations. The site includes seven buildings totaling over 52,000 square feet, with approximately 30,000 square feet dedicated to cold storage. Building sizes range from an estimated primary cold storage and processing area of approximately 14,000 square feet to several dry storage, staging, and support spaces, plus a smaller two-and-a-half car garage. Construction is described as various buildings built between 1987 and 2005. The current use includes a food distribution center, a retail meat market, and general storage.

The facility is located within the New Lexington Industrial Park in Pike Township and is described as having no zoning restrictions. The property offers significant on-site parking suitable for staff, customers, and delivery vehicles, supporting day-to-day distribution activity across the site. The remarks also note that infrastructure is in place to support temperature-sensitive operations.

For tenants, buyers, and operators, the mix of dedicated cold storage, dry storage and staging space, and on-site support areas can fit food distribution, warehousing, logistics, or light manufacturing needs. The property includes ample land for future development or additional structures, offering flexibility if additional capacity is required. A turnkey operation is also noted, with the possibility that the business may be available for purchase.

Key Highlights

  • 8.47‑acre property in the New Lexington Industrial Park (Pike Township) with no zoning restrictions reported
  • Multi‑building distribution and temperature‑controlled facility with 7 buildings totaling over 52,000 SF
  • Approx. 30,000 SF of dedicated cold storage space for temperature‑sensitive operations

Property Analytics

Current Use

Siemer Distributing Co., ... Distribution Center Siemer Meat Market Take-out & Catering

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Hair Salon Spa & Massage Center Nail Salon

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 43764, OH

8,177
Population
3,214
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
85%
High-School Grad
60.8 sq mi
ZIP Area
134
Density / Sq Mi
$54,388
Median Household Income
$36,581
Median Earnings
$664
Median Rent
$129,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Distribution center - Own a multi-building distribution and temperature-controlled facility with dedicated cold storage and substantial on-site parking.
Where is this distribution center located?
The property is located at 1400 Commerce Drive New Lexington, OH.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 8.47‑acre property in the New Lexington Industrial Park (Pike Township) with no zoning restrictions reported; Multi‑building distribution and temperature‑controlled facility with 7 buildings totaling over 52,000 SF; Approx. 30,000 SF of dedicated cold storage space for temperature‑sensitive operations
More about this property
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