Listing Agency: Gerspacher Real Estate Group Show Phone

Listed By: Troy Gerspacher, CCIM, SIOR Show Phone

Source: Moodyscre

Added: Oct 21, 2025 Changed: Aug 21 Last Checked: Aug 22 at 9:27AM

Report an Issue

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 Gerspacher Real Estate Group

Investment Insights

Based on property information with market context.

This property features 12,789 square feet of space on a 0.588-acre lot. It is currently leased to NAPA Auto Parts under a NNN lease with approximately 3 years remaining through January 2029, and includes three 5-year options. The property has a total of 7 overhead doors, including six 10-foot by 10-foot doors and one 12-foot by 12-foot door. There are 12 parking spaces available. The zoning is DBD (Downtown Business District). The traffic count is 3,203. The 2024 annual real estate taxes are $3,180.98.

Key Highlights

• Guaranteed NNN lease through January 2029 by Genuine Parts Company (NAPA Auto Parts) with three 5‑year options
• Substantial space: 12,789 SF on .588 AC
• Seven overhead doors: 6 - 10’ x 10’ and 1 – 12’ x 12’

Property Analytics

Property Profile

Current Use

Napa Auto Parts-Orlo ... Auto Parts Store Firelands Electric Cooperative Electric Utility Company

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Storage Facility Dental Office

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

181

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Specialty Property with Storage Building

1301 Us Highway 250 S, New London, OH 44851

Contact for pricing

3,570 SF

View details

Multi-Unit Investment Property For Sale

41 Railroad Street, New London, OH 44851

Contact for pricing

1,840 SF

View details

Similar Off Market Nearby

• Clark Brothers Garage — 93 N Main St, New London, OH 44851
• Carl's Complete Car Care — 9 Charles Pkwy, New London, OH 44851
• Free Change Auto — 58 Walnut St, New London, OH 44851
• Reliable Automotive — 20 S Main St, New London, OH 44851
• New London Glass Works — 80 W Fir St, New London, OH 44851

Frequently Asked Questions

What type of property is this?

Auto shop - NNN leased auto shop with long-term tenant.

Where is this auto shop located?

The property is located at 19 N Main St New London, OH.

What is the asking price?

The asking price for this property is $289,000.

What are key features of this property?

This property features: Guaranteed NNN lease through January 2029 by Genuine Parts Company (NAPA Auto Parts) with three 5‑year options; Substantial space: **12,789 SF on .588 AC**; Seven overhead doors: 6 - 10’ x 10’ and 1 – 12’ x 12’