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    1257-1309 Monroe St New Philadelphia, OH 44663

    Sponsored
    For Lease
    $9 SF/Yr ($17,632 /Mo)

    Prime New Philadelphia Office Space Available

    Lot size:
    23,510 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Monroe Plaza, located at 1257-1309 Monroe St NW in New Philadelphia, Ohio, presents a unique opportunity for businesses seeking executive office space. This single-story, 23,510 square foot building sits on a 1.7-acre lot and was constructed in 1973. The property is zoned commercial and features a convenient location in the heart of Dover/New Philadelphia with ample free parking. Currently, two spaces are available, ranging from 1,300 to 1,844 square feet, ideal for a variety of businesses. Each space boasts a 10-foot ceiling height. The property is professionally managed and offers a Net Net Net (NNN) lease of $2.40 per square foot per year. This inclusive fee covers real estate taxes, insurance, snow removal (plowing and salting), landscaping, exterior window maintenance, security lighting, and trash removal. The property's diverse zoning allows for retail, office, and industrial uses, making it a versatile option for various business needs. This Tuscarawas County location offers excellent accessibility and visibility.

    Property Features for 1257-1309 Monroe St

    General Information

    Property type
    Industrial properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,510 SF
    Total Rate
    17632.5

    Building Details

    Year Built
    1973
    Stories
    1

    Unit(s) available at that property

    Space
    1257 - 1,844 S.F. RETAIL/OFFICE/SERVICE
    Size
    1,844 SF
    Rate per SF
    $9
    Space
    1243 - 1,300 S.FT. OFFICE/SERVICE SUITE
    Size
    1,300 SF
    Rate per SF
    $9

    HighLights

    • Executive office space available in a 23,510 SF single‑story building.
    • Located at 1257‑1309 Monroe St NW, New Philadelphia, OH, on a 1.7‑acre lot.
    • Two suites available, 1,300 - 1,844 SF, with 10‑foot ceilings.
    • NNN lease at $2.40/SF/year, including taxes, insurance, and most exterior maintenance.
    • Ample free parking and excellent visibility in a convenient Dover/New Philadelphia location.
    • Commercial zoning allows for retail, office, and industrial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Philadelphia
    County
    Tuscarawas
    State
    Ohio
    Longitude
    -81.45682149676
    Latitude
    40.506849042464

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Industrial property - Prime New Philadelphia Office Space Available
    Where is this industrial property located?
    The property is located at 1257-1309 Monroe St New Philadelphia, OH.
    What is the lease rate?
    The lease rate is $9-$9 SF/Yr.
    What are key features of this property?
    This property features: Executive office space available in a 23,510 SF single-story building.; Located at 1257-1309 Monroe St NW, New Philadelphia, OH, on a 1.7-acre lot.; Two suites available, 1,300 - 1,844 SF, with 10-foot ceilings.
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    1257-1309 Monroe St New Philadelphia, OH 44663
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1257-1309 Monroe St New Philadelphia, OH 44663
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