702 Charles Street, Galion, OH 44833
- Added:
- Apr 22, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 24 at 10:06 pm
Property Features for 702 Charles Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- See agent remarks
- Lot size
- 1.63 Acres
Taxes and HOA fees
- Tax Description
- See Agent remarks
- Tax Annual Amount
- 2889
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1958
Listing agent Jessica Damron (419) 512-3594
Listing office Dream Huge Realty 1336 Park Ave W, Mansfield, OH (419) 528-8260
Listing date Apr 22, 2026
Copyright © 2026 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 6600 sq ft prime commercial property in high‑traffic area.
- Zoned GI - General Industrial, offering diverse business opportunities.
- Includes main building with showroom and office space, plus a service department.
- Expansive parking available across the street.
- Highly visible corner property at Charles Street and N East Street.
- Well‑known piece of Galion's history with strong local recognition.
Overview
Located at 702 Charles Street in Galion, the property is described as a highly visible corner site at Charles Street and N East Street. Parking is noted as being across the street, creating a separate area for customer and day-to-day operational vehicles. The site is zoned GI – General Industrial.
The current configuration is suited to buyers seeking an automotive facility with dedicated showroom and office areas along with a service component. With GI zoning and multiple parcels, the site may also fit other general industrial uses that align with the area’s zoning framework and the existing improvements. Please see the listing details for parcel-by-parcel information and permitted uses under GI – General Industrial.
Local Financial Insights For Office B
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 | $105.3k | $15.96 |
| − Vacancy | −$21.1k | −$3.19 |
| EGI | $84.3k | $12.77 |
| − OpEx | −$21.1k | −$3.19 |
| NOI | $63.2k | $9.58 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Ruhls Diesel Service — 200 South St, Galion, OH 44833
- Galion Tire Shop — 200 South St, Galion, OH 44833
- Foxy's Tire Center — 326 Harding Way E, Galion, OH 44833
- Zegers Fair Price Towing and Recovery — 1251 Harding Way East, 8655 OH-19, Galion, OH 44833
- Greasers 501 — 501 Harding Way E, Galion, OH 44833
Location Insight
- Map
- Local Demand
- City
- Galion
- County
- Crawford
- State
- Ohio
- Longitude
- -82.7776894
- Latitude
- 40.7380796
