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Flex Space With Repair Shop
For Lease
$8.79 SF/Yr

31 S Ludlow Road, Urbana, OH 43078

Corner-lot commercial property combines office suites, showrooms, repair facilities, and a separate overhead-door building.

Space Size8,196 SF
Lot Size2.16 Acres
Days on Market339

Property Features for 31 S Ludlow Road

General Information

Standard status Active
Size 8,196 SF
Net Rentable 8,196 SF
Total Parking Spaces 6
Lot size 2.16 Acres
Lease Type Modified Gross

Space & Availability

Available Space 8,196 SF
Contiguous Space 8,196 SF
Space Use Auto Shop

Lease Terms

Lease Rate $8.79 /USD/SF/YR
Monthly Rent $6,000
Rent per SF/Year $8.79
Lease Term 12 months
Flexible Term Yes

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Service Bays 5

Taxes and HOA fees

Annual Taxes $5,304

Amenities

office suites
showrooms
loft/lounge
repair shop
car lifts
overhead doors
heated section
water

Building Details

Building Size 8,196 SF
Year Built 1974
Buildings 2
Units 2
Listing Agency: Keller Williams Greater Cols
Listed By: Wendy Esker
Source: Carolgoffrealestate
Added: Sep 26, 2025 Changed: Aug 30 Last Checked: Aug 30 at 7:45AM

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 Greater Cols

Investment Insights

Based on property information with market context.

This flex property includes a 10,000-square-foot main building with two upgraded office suites, five additional offices, two showrooms, and a 30-by-40-foot loft or lounge. One suite has a full bath and the other has a half bath. The 40-by-60-foot repair shop contains five 12-foot doors and two car lifts.

A separate 30-by-125-foot building is arranged in three sections and provides six overhead doors, including five measuring 8 feet and one measuring 10 feet. The building has electric service; its middle section is heated and has water. The property also includes a 1-acre paved lot and two parcels.

At 31 S Ludlow Road in Urbana, the site has approximately 450 feet along US-36 and 280 feet along S. Ludlow Road. It is 7 miles from Routes 56 and 161, 18 miles from I-70, and 30 miles from I-75, with stated distances of 15 miles to Springfield, 25 miles to Marysville, 35 miles to Dayton, and 45 miles to Columbus. The building dates to 1974.

Key Highlights

  • 10,000± SF main building with offices, showrooms, loft/lounge, and repair shop
  • 40'x60' repair shop with five 12' doors and 2 car lifts
  • 30'x125' secondary building with 6 overhead doors

Property Analytics

Current Use

Fischers Jerry Used ... Car Dealership Buckeye City Motorsports ... Motorcycle Shop

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Bar & Pub

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

5
Service bays
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby
Well-served
Demand for This Use

Demographics for 43078, OH

20,067
Population
8,904
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
91%
High-School Grad
150.4 sq mi
ZIP Area
133
Density / Sq Mi
$72,500
Median Household Income
$40,854
Median Earnings
$909
Median Rent
$176,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Corner-lot commercial property combines office suites, showrooms, repair facilities, and a separate overhead-door building.
Where is this flex space located?
The property is located at 31 S Ludlow Road Urbana, OH.
What is the lease rate?
The lease rate is $8.79 SF/Yr.
What are key features of this property?
This property features: 10,000± SF main building with offices, showrooms, loft/lounge, and repair shop; 40'x60' repair shop with five 12' doors and 2 car lifts; 30'x125' secondary building with 6 overhead doors
More about this property
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