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    Property profile & analytics
    OFF-MARKET
    Retail space

    116 Auglaize St, Wapakoneta, OH 45895-1567

    17,192 SF 1.47 ac lot Built 1950
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US66-1920064
    Property summary
    AI-generated overview

    This exceptional retail property, known as the Wapakoneta Shoppes, presents a prime opportunity for businesses seeking a high-visibility location in the heart of downtown Wapakoneta, Ohio. Situated at 116 E Auglaize St, 45895, this single-story shopping center boasts a total of 16,819 square feet, offering flexible space options. Currently, there is significant vacant space available, ranging from 3,000 to 11,540 square feet, ideal for a variety of retail uses. The property sits on a 1.4-acre lot and provides ample parking with 60 spaces. The Wapakoneta Shoppes benefits from its strategic location in a thriving community of nearly 10,000 residents, experiencing rapid growth in west central Ohio. Its position at the intersection of I-75 and US 33 ensures excellent accessibility and high traffic volume. This is one of the largest retail spaces in Wapakoneta's central business district, offering unparalleled exposure and potential for significant return on investment. The property is easily accessible and offers a strong foundation for a successful retail venture. No elevators are present.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1950
    Total area 17,192 SF
    Lot 1.47 ac (63,990 SF)
    APN B07-002-057-00
    UPID US66-1920064
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Spartan Brothers Capital LLC · 1 yrs held
    Spartan Brothers Capital LLC
    since 2024
    Last sale
    $75,000
    1 recorded transaction
    2024
    $325,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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