Flex Building with Garage
681 Webster St South Webster, OH 45682
681 Webster St, South Webster, OH, 45682
$249,000
For Sale
$249,000
Versatile flex building includes three garage bays and an additional lean-to bay, plus a small greenhouse.
Property Size5,664 SF
Price / SF$43.96
Days on Market116
Property Features for 681 Webster St
General Information
- Standard status
- Active
- Size
- 5,664 SF
Listing agency
ERA Martin & Associates Jackson
(740) 418-4822
Listed by
Kendra Strickland
(740) 418-4822
Source
Exprealty
Added: Mar 29 Updated: Jul 21 at 1:38PM Checked: Jul 21 at 1:38PM
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 ERA Martin & Associates Jackson
Investment Insights
Based on property information with market context.
This versatile flex building offers a practical mix of commercial space and support areas. The property includes three garage bays plus an additional lean-to bay, providing room for equipment, storage, or operations. A small greenhouse on-site adds another potential feature for specialty use. The building also includes a second-floor apartment that is currently rented on a month-to-month basis. Numerous updates throughout are noted in the information provided.
Located at 681 Webster St in South Webster, OH, the property is described as having convenient in-town access with on-site parking. The listing also notes strong visibility and flexible layout for a range of business uses.
With the garage and lean-to configuration plus the greenhouse and included residential unit, the building is set up to accommodate multiple operational needs within one property.
Located at 681 Webster St in South Webster, OH, the property is described as having convenient in-town access with on-site parking. The listing also notes strong visibility and flexible layout for a range of business uses.
With the garage and lean-to configuration plus the greenhouse and included residential unit, the building is set up to accommodate multiple operational needs within one property.
Key Highlights
- Versatile 5,664 SF commercial building at 681 Webster St, suitable for retail, warehouse, storage, or other business uses
- Includes 3 garage bays plus an additional lean‑to bay for equipment and storage space
- Second‑floor apartment is currently rented on a month‑to‑month basis
Local Financial Insights For Flex RnD
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 | $36.0k | $6.36 |
| − Vacancy | −$3.0k | −$0.54 |
| EGI | $33.0k | $5.82 |
| − OpEx | −$11.5k | −$2.04 |
| NOI | $21.4k | $3.79 |
5,664 SF · lease $6.36/SF/yr · vacancy 8.42% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$403.7K
$353.3K – $471.0K
NOI $28,262 @ 7.0% cap · market cap 11.35%
Second Best
Retail
$347.3K
$303.9K – $405.2K
NOI $24,313 @ 7.0% cap · market cap 9.76%
Theoretical Best
Office A
$1.21M
$1.05M – $1.41M
NOI $84,374 @ 7.0% cap · market cap 33.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
U-Haul Neighborhood Dealer
Car Rental Facility
FAQs
What type of property is this?
Flex space - Versatile flex building includes three garage bays and an additional lean-to bay, plus a small greenhouse.
Where is this flex space located?
The property is located at 681 Webster St South Webster, OH.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Versatile 5,664 SF commercial building at 681 Webster St, suitable for retail, warehouse, storage, or other business uses; Includes 3 garage bays plus an additional lean‑to bay for equipment and storage space; Second‑floor apartment is currently rented on a month‑to‑month basis
