Food Grade Manufacturing
604 E Montford Avenue Ada Ada, OH 45810
604 E Montford Avenue Ada, Ada, OH, 45810
$2,250,000
For Sale
$2,250,000
Solid steel, climate-controlled manufacturing facility with sprinkler and security systems, two drive-in loading docks, and private lab space.
Property Size21,606 SF
Price / SF$104.14
Days on Market19
Property Features for 604 E Montford Avenue Ada
General Information
- Standard status
- Active
- Size
- 21,606 SF
Building Details
- Year Built
- 2012
Listing agency
(614) 660-5959
Listed by
Yashar Bayramzade
(614) 660-5959
Source
Movenowohio
Added: Jul 5 Updated: Jul 23 at 6:12AM Checked: Jul 23 at 6:12AM
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 Yashar Bayramzade
Investment Insights
Based on property information with market context.
Built in 2012, this solid steel manufacturing facility was designed as a food grade space and includes a climate-controlled environment with upgraded floor-to-ceiling insulation. The building features existing sprinkler and security systems, a floor drainage system, city water and sewage, bathrooms for staff/visitors, and an 800 Amp power system. Operations are supported by two drive-in loading docks with overhead doors for imports and exports, along with an on-site private laboratory space.
The property is located at 604 E Montford Avenue in Ada, Ohio. It also includes a private conference room, a small adjoining café area, and a second-floor set of personal office spaces, including an executive office suite with a full bathroom and walk-in shower.
With dedicated utility connections, loading access via overhead doors, and built-in support spaces for meetings and work functions, the facility is set up to accommodate a broad range of industrial and office-adjacent operations within one building.
The property is located at 604 E Montford Avenue in Ada, Ohio. It also includes a private conference room, a small adjoining café area, and a second-floor set of personal office spaces, including an executive office suite with a full bathroom and walk-in shower.
With dedicated utility connections, loading access via overhead doors, and built-in support spaces for meetings and work functions, the facility is set up to accommodate a broad range of industrial and office-adjacent operations within one building.
Key Highlights
- 20,000+ SF solid steel, climate‑controlled manufacturing facility built in 2012 on a 3.91‑acre lot
- Equipped with sprinkler and security systems, plus city water and sewage
- 800 Amp power system and upgraded floor‑to‑ceiling insulation package for efficiency
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $207.4k | $9.60 |
| − Vacancy | −$13.3k | −$0.61 |
| EGI | $194.1k | $8.99 |
| − OpEx | −$58.2k | −$2.70 |
| NOI | $135.9k | $6.29 |
21,606 SF · lease $9.60/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Office B
$3.52M
$3.08M – $4.10M
NOI $246,062 @ 7.0% cap · market cap 10.94%
Second Best
Industrial
$1.94M
$1.70M – $2.27M
NOI $135,900 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$4.27M
$3.74M – $4.98M
NOI $299,036 @ 7.0% cap · market cap 13.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
FAQs
What type of property is this?
Manufacturing property - Solid steel, climate-controlled manufacturing facility with sprinkler and security systems, two drive-in loading docks, and private lab space.
Where is this manufacturing property located?
The property is located at 604 E Montford Avenue Ada Ada, OH.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 20,000+ SF solid steel, climate‑controlled manufacturing facility built in 2012 on a 3.91‑acre lot; Equipped with sprinkler and security systems, plus city water and sewage; 800 Amp power system and upgraded floor‑to‑ceiling insulation package for efficiency
