Upgraded Retail Office
227-229 E Harding Way Galion, OH 44833
227-229 E Harding Way, Galion, OH, 44833
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For Sale
Contact for pricing
Upgraded downtown Galion building with an existing tenant in place and annual lease increases.
Property Size4,776 SF
Price / SF$29.29
Days on Market55
Property Features for 227-229 E Harding Way
General Information
- Standard status
- Active
- Size
- 4,776 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1881
Listing agency
The Holden Agency
Listed by
Denise Manning · License #OH 2009003676
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 1:50PM
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 The Holden Agency
Investment Insights
Based on property information with market context.
This property is a downtown Galion building offering retail and office space, with a number of upgrades completed over the last few years. A rubber roof was installed about 8 years ago, contributing to the building’s overall updated condition. The current tenant is in place and owns the business operating on-site.
The building is located at 227-229 E Harding Way in Galion, Ohio, and is presented for sale with lease and income records available for review with an acceptable offer. The tenant has approximately four years remaining on the lease, and the lease includes scheduled increases built in each year.
For a buyer seeking an occupied commercial asset, this structure provides the advantage of existing tenancy and documented lease terms. The combination of retail and office space can also support a range of tenant types depending on how the buyer plans to operate or reposition the property over time. Because the lease term and rent growth details are already established, underwriting can be based on the available lease and income records provided with a qualified offer.
The building is located at 227-229 E Harding Way in Galion, Ohio, and is presented for sale with lease and income records available for review with an acceptable offer. The tenant has approximately four years remaining on the lease, and the lease includes scheduled increases built in each year.
For a buyer seeking an occupied commercial asset, this structure provides the advantage of existing tenancy and documented lease terms. The combination of retail and office space can also support a range of tenant types depending on how the buyer plans to operate or reposition the property over time. Because the lease term and rent growth details are already established, underwriting can be based on the available lease and income records provided with a qualified offer.
Key Highlights
- Downtown Galion building built in 1881
- Rubber roof installed about 8 years ago
- Existing tenant in place with approximately 4 years remaining on the lease
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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Similar Off Market Nearby
- The Enter Green Comapany — Galion, OH 44833
- Blossoms & Gifts — 215 S Market St, Galion, OH 44833
FAQs
What type of property is this?
Storefront property - Upgraded downtown Galion building with an existing tenant in place and annual lease increases.
Where is this storefront property located?
The property is located at 227-229 E Harding Way Galion, OH.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Downtown Galion building built in 1881; Rubber roof installed about 8 years ago; Existing tenant in place with approximately 4 years remaining on the lease