352 Mill St Wadsworth, OH 44281
This exceptional 15,598-square-foot industrial warehouse, located at 352 Mills St in Wadsworth, Ohio, presents a compelling investment opportunity. Built in 1974 and renovated in 1983, this single-tenant property sits on a spacious 2.031-acre lot. The building boasts a 14-foot ceiling height, enhancing operational efficiency. Access is facilitated by one 12' x 12' dock door, two 12' drive-in doors, and two 10' dock doors. The property features a robust electrical system with 3-phase, 800 amp, 480V & 600V power. Heating is provided by a Reznor system in the warehouse area, while the office space is climate-controlled. The property's strategic location offers excellent accessibility to major transportation arteries, including Interstate 76 (5 minutes away), Interstate 71 (12 minutes away), and Interstate 77 (15 minutes away), providing convenient access to Medina, Akron, Cleveland, and Canton markets. The property is zoned I-2 Heavy Industrial District by the City of Wadsworth. The lease is a modified gross lease, with the tenant responsible for their utilities and a prorated share of snow removal and landscaping. The property's APN is 04020C09008 and is located in Medina County, Ohio, zip code 44281. This is a stand-alone building with no shared suites.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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