1309 Monroe St New Philadelphia, OH 44663
This exceptional 2,600-square-foot flex/shop space is situated in the highly desirable Monroe Plaza, located in the heart of Dover/New Philadelphia, Ohio, within Tuscarawas County. Built in 1973, this single-tenant end unit offers unparalleled convenience and accessibility. The property features two drive-in doors – one of which is automatic – providing easy loading and unloading capabilities. Durable block walls ensure structural integrity, while modern auto LED lighting enhances visibility and energy efficiency. The interior includes a functional office and a restroom, catering to diverse business needs. This prime location benefits from ample free parking, attracting customers and employees alike. Monroe Plaza boasts a strong tenant mix, including established businesses such as Doering Vision Center, Safelite, Spectrum Orthopaedics, 777, T.C. Chiropractic, and Inside Out Nutrition, creating a vibrant and thriving commercial environment. The property's common area maintenance (CAM) fee of $2.40 per square foot covers a comprehensive range of services, including real estate taxes, insurance, snow plowing and salting, landscaping, exterior window maintenance, security lighting, and trash removal, minimizing operational overhead for the tenant. This turnkey solution presents a remarkable opportunity for businesses seeking a well-maintained, conveniently located, and cost-effective space in a bustling commercial center.
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
Similar Nearby for Sale
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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.