1011 Defiance St Ottawa, OH 45875-1261
This two-story, 7,568-square-foot traditional office building in Ottawa, Ohio, is available for $325,000. Built in 1977 and renovated in 2022, the property features 16 offices and two restrooms on the first floor, plus an additional four offices, a breakroom/kitchen, and a large meeting room in the basement. Two sizable storage areas are also located in the basement. The building sits on a 1.075-acre lot with 30 paved parking spaces; a portion is currently fenced for recreational use. The upper floor comprises 3,780 finished square feet, while the lower level includes 3,780 square feet, encompassing both finished and unfinished space. The building is zoned R-3 and has a lease expiring February 1, 2025, with approximately 0.2 years remaining. A receptionist area is conveniently located at the main entrance. This property presents a compelling investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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