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    OFF-MARKET
    Commercial real estate

    606 National Rd, Vandalia, OH 45377

    11,000 SF 0.71 ac lot Built 1951
    Property ID
    Property summary
    AI-generated overview

    This expansive 11,000 square foot commercial property, situated on a 0.71-acre lot in Vandalia, Ohio, presents a unique investment opportunity. Currently configured as a church, the building boasts a large sanctuary/auditorium, approximately 20 classrooms or offices, a kitchen, three bathrooms, and ample storage space. The property is zoned for highway business, offering significant flexibility for a variety of commercial uses. A newer roof ensures long-term cost savings. The property's location at 606 W National Road provides excellent visibility and accessibility. This offering presents two distinct purchase options: the entire property, including the church building and parking area, for $775,000

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1951
    Total area 11,000 SF
    Lot 0.71 ac (30,928 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Car Rental Vandalia, Ohio Car Rental Facility
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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