Property summary
This exceptional 1,500 square foot medical office building, located at 201 N. Ludlow Street in Phillipsburg, Ohio, presents a compelling investment opportunity. Built in 1962, this Class B property is zoned for office use and boasts an attractive asking price of $85,000, translating to a price per square foot of $56.67. The building features seven well-appointed patient rooms or offices, each equipped with plumbing. This turnkey solution is ideal for established medical practices seeking expansion or new ventures looking for a ready-to-occupy space. Situated in Montgomery County, Ohio, with the address 201 N Ludlow St, Phillipsburg, OH 45354 (39.9058273, -84.3999272), this property offers convenient access to local amenities and a strong patient base. The existing plumbing infrastructure in the patient rooms/offices represents a significant advantage, minimizing upfront renovation costs and allowing for immediate occupancy. This is a rare opportunity to acquire a well-maintained medical office building in a desirable location at an attractive price point. The property's existing configuration and infrastructure make it an excellent choice for a variety of medical specialties. Don't miss this chance to own a piece of Phillipsburg's thriving medical community.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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