500 Commerce Park Blvd Northwood, OH 43619
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Ohio Shopping Center Investment Opportunity
Property size:
17,136 SFProperty Features for 500 Commerce Park Blvd
General Information
- Property type
- Lifestyle centers
- Square Feet
- 17,136 SF
Listing Agency: Reichle | Klein Group Listing Agent: Joe Belinske
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 17,136 square foot retail shopping center located at 500 Commerce Park Blvd, Northwood, Ohio 43619. The property consists of two buildings. Building 500, totaling 7,136 square feet, is fully occupied by four tenants with a triple-net lease structure, meaning tenants cover all operating expenses. Building 510 encompasses 10,000 square feet and is currently owner-occupied, offering potential for future income generation. The property boasts ample parking with 87 spaces, recently sealed and restriped for optimal functionality. Its strategic location on Commerce Park Boulevard, with frontage on Woodville Road, provides excellent visibility and accessibility. The center benefits from its proximity to I-280 and the new Enclave mixed-use development, ensuring strong potential for growth and increased foot traffic. The asking price is $1,295,000, translating to $75.57 per square foot. This presents a compelling owner-user or investment opportunity with significant cash flow potential in a thriving commercial area. The property is situated in Wood County, Ohio, offering a stable and attractive market for retail investment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Lifestyle centers
Location Insight
- Map
- Local Demand
- City
- Northwood
- County
- Wood
- State
- Ohio
- Longitude
- -83.4717012
- Latitude
- 41.6062835
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FAQs
What type of property is this?
Lifestyle center - Ohio Shopping Center Investment Opportunity
Where is this lifestyle center located?
The property is located at 500 Commerce Park Blvd Northwood, OH.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: High-demand location in the thriving Commerce Park submarket.; 120,000+ SF of Class A industrial space available for sale.; Modern building features and high-quality construction.
