Property profile

201 Ludlow St Phillipsburg, OH 45354

OFF-MARKET
Office Spaces
1,500 SF Built 1962
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Property summary

AI-generated overview

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

Verified
Property type Office Spaces
Year built 1962
Total area 1,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

201 Ludlow St Phillipsburg, OH 45354
Phillipsburg metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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