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    214 Mechanic St Waterville, OH 43566

    For Lease
    Contact for pricing

    Prime 645 SF Retail Space in Waterville, OH

    Lot size:
    645 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 645-square-foot retail space, located at 214 Mechanic Street in Waterville, Ohio, presents a fantastic opportunity for a single-tenant business. Situated on a 0.31-acre lot, this property boasts convenient access via its location on Mechanic Street and its proximity to Anthony Wayne Trail. Built in 1980, the building is a single-story structure with a 200-amp power supply, ensuring ample power for most commercial needs. The property is zoned M-1 Industrial, offering flexibility for a variety of retail uses. The entire 645 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's Lucas County location (APN 11034) offers easy access to local amenities and a strong customer base. This is an ideal space for a business seeking a well-located, readily available retail space in a thriving community. The property's size and location make it perfect for a variety of retail ventures. The single-tenant occupancy ensures complete control and flexibility for the lessee. This is a rare opportunity to secure a prime retail location in Waterville, Ohio. Don't miss out on this chance to establish your business in a desirable and accessible location.

    Property Features for 214 Mechanic St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    645 SF

    Building Details

    Year Built
    1980
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    645 SF

    HighLights

    • 645‑square‑foot retail space at 214 Mechanic Street, Waterville, OH.
    • Located on a 0.31‑acre lot with convenient Mechanic Street access and proximity to Anthony Wayne Trail.
    • Single‑story building (1980 construction) with a 200‑amp power supply; M‑1 Industrial zoning.
    • Currently vacant, offering immediate occupancy.
    • Former Valero gas station; potential reuse/redevelopment pending city approval; underground storage tanks removed December 2022.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Lucas
    State
    Ohio
    Longitude
    -83.7193532
    Latitude
    41.5009907

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - Prime 645 SF Retail Space in Waterville, OH
    Where is this retail property located?
    The property is located at 214 Mechanic St Waterville, OH.
    What are key features of this property?
    This property features: 645-square-foot retail space at 214 Mechanic Street, Waterville, OH.; Located on a 0.31-acre lot with convenient Mechanic Street access and proximity to Anthony Wayne Trail.; Single-story building (1980 construction) with a 200-amp power supply; M-1 Industrial zoning.
    Request Owner's contact information
    214 Mechanic St Waterville, OH 43566
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    Waterville, OH 43566
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    214 Mechanic St Waterville, OH 43566
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