2 State StMilford Center, OH 43045

  • Other commercial real estate
  • 1,276 SF
For Lease
$12/SF/YR View listing

Property Details for 2 State St

Year built
1900
Construction
BRICK
Lot size
0.05 AC
Property size (Sq ft)
1,276 SF
Property type
Other commercial real estate
APN
33-0001266.0000
APU
3300012660000

Description

This exceptional 4,304 square foot special purpose property, located at 2 E State Street in Milford Center, Ohio (zip code 43045), presents a unique investment opportunity. The building, a former bank, boasts a captivating historical charm, including an intact vault, ideal for a variety of creative uses. Imagine transforming this space into a thriving coffee shop, restaurant, cafe, or gift shop. The property sits on a 0.05-acre lot and includes 15 parking spaces, a significant advantage given its high-traffic location. Situated at a major intersection with over 5000 cars passing daily on State Route 4/36, this location ensures high visibility and accessibility. Ample on-street parking complements the private rear lot, providing convenient parking for customers and staff. The building is currently vacant and ready for immediate occupancy, allowing for complete customization to suit your specific business needs. The property's APN is 33-0001266-0000. This single-tenant building offers a rare chance to establish a business in a vibrant and accessible location. Don't miss this opportunity to own a piece of Milford Center history.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $202,267
    Hospitality
    $185,275
    Educational
    $154,147
    Medical
    $159,448
    Retail
    $239,784
2 State St, Milford Center, Ohio
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Location Insight

City
Milford Center
County
Union
State
Ohio
Latitude
40.179
Longitude
-83.4347
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$701
$1,780
$10,500
$12,280
-
$5,080
$30,000
$35,080

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