Spaces For Lease

at 215 Mechanic St Contact us

Prime Waterville Studio/Warehouse $6/SF/Yr

Floor

1

Size

5,000 SF

Type

RETAIL

Lease Type

PLUS_UTILITIES

Availability

AVAILABLE, Now

Sublease

No

Versatile Studio/Warehouse/Gym Space in Prime Waterville Location Situated at the... corner of Mechanic and Third Street, this unique property offers flexible use as a studio, warehouse, gym, or creative space. The building features two spacious floors, each with its own private entrance and a shared bathroom. The layout allows for full use as one large space or easy separation into two distinct units—ideal for multiple tenants or business operations. A rare opportunity in a central location with excellent potential.

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Listing Agency: ComLink Realty Show Phone

Listed By: Scott Prephan

Source: Moodyscre

Added: Nov 24, 2025 Changed: Aug 8 Last Checked: Aug 12 at 11:13AM

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Investment Insights

Based on property information with market context.

Located at the corner of Mechanic and Third Street in Waterville, this property offers versatile space suitable for use as a studio, warehouse, gym, or creative space. The building features two floors, each with a private entrance, and a shared bathroom. The layout allows for use as one large space or separation into two distinct units. The property has a total size of 5000 square feet. This central location offers excellent potential.

Key Highlights

• Flexible use as studio, warehouse, gym, or creative space.
• Prime Waterville location at the corner of Mechanic and Third Street.
• Two spacious floors with private entrances.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant HVAC Service Big Box & Wholesale Store

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

NNN (Triple Net)

Lease Type

$0.90 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

223

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Flexible space suitable for studio, warehouse, gym, or creative uses.

Where is this warehouse located?

The property is located at 215 Mechanic St Waterville, OH.

What is the lease rate?

The lease rate is $6 SF/Yr.

What are key features of this property?

This property features: Flexible use as studio, warehouse, gym, or creative space.; Prime Waterville location at the corner of Mechanic and Third Street.; Two spacious floors with private entrances.