1420 Township Road 428 Toronto, OH 43964
- Warehouses
- 12,456 SF
- 2.79 lot acres
Current Use by Public Records
- Rex’s Auto Shop / Auto Parts Market
Property Details for 1420 Township Road 428
- Year built
- 1975
- Lot size
- 2.79 lot acres
- Property size
- 12,456 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional owner-user opportunity presents a 12,456-square-foot industrial property in Toronto, Ohio, listed at $199,000. The property consists of two buildings, totaling 12,456 net rentable square feet, situated on a 2.79-acre lot. Built in 1975, the property features nine loading docks and two oversized partition doors, ideal for warehouse or manufacturing operations. The main building served as a long-established auto repair facility, boasting five car lifts and one heavy-duty lift (12,000 lbs capacity). The workshop area benefits from a cost-effective waste oil furnace. The roof has been recently replaced. Included is a separate rental home with central air conditioning and an attached garage. The office space within the main building offers three rooms, a half bath, and a shower, all with central air conditioning and oil heat. A large paved parking area surrounds the buildings. This property offers a unique blend of industrial space and rental income potential, making it an attractive investment for owner-occupiers. The price per square foot is $15.98, and the price per unit is $99,500. This is a rare opportunity to acquire a well-maintained, established industrial property with significant potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Toronto
- County
- Jefferson
- State
- Ohio
- Longitude
- -80.6357
- Latitude
- 40.4463
