210 Auglaize St Wapakoneta, OH 45895
This unique 1,922 square foot commercial property, located at 210 W Auglaize Street in Wapakoneta, Ohio, presents a compelling investment opportunity. Situated on a 0.18-acre lot, the building is zoned R-3 and boasts a fascinating history as a former church. Currently undergoing an incomplete conversion into a residential property, this adaptable space offers significant potential for a variety of uses. The existing structure provides a solid foundation for a creative entrepreneur or investor seeking a distinctive project. The unfinished conversion offers a chance to customize the interior to meet specific needs, whether for residential, commercial, or mixed-use purposes. The property's central location in Wapakoneta offers convenient access to local amenities and transportation routes. The 1,922 square feet of space provides ample room for development and customization. The R-3 zoning allows for a range of possibilities, making this property an attractive option for those seeking a unique and versatile investment. The asking price of $162,000 reflects the potential upside inherent in completing the conversion and realizing the property's full potential. Serious inquiries are encouraged to explore the possibilities of this distinctive property. The incomplete conversion presents a blank canvas for a buyer to envision and create their ideal space. This is a chance to acquire a property with character and potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.