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    OFF-MARKET
    Retail space

    1302 Defiance St, Wapakoneta, OH 45895-1081

    1,872 SF 0.93 ac lot Built 1994
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US66-2250786
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1302 Defiance Street in Wapakoneta, Ohio, presents a fantastic investment opportunity. The 1,878 square foot building boasts a desirable location at the north end of town and benefits from a strong history as the former home of Schwieterman Pharmacy. Constructed with a durable brick and block frame on a concrete slab foundation, the building offers a solid structure for a variety of commercial uses. The interior features a showroom area with carpet and drop ceilings, providing a comfortable and adaptable space. A significant advantage is the inclusion of a drive-through window, a highly sought-after feature for many businesses. The property also includes a well-lit parking lot with capacity for fifteen vehicles, ensuring ample space for customers and employees. The 0.93-acre lot provides additional potential for expansion or outdoor uses. Please note that access requires 48 hours' notice to the previous tenant. This property is priced competitively at $281,700 and offers a compelling blend of location, features, and potential. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1994
    Total area 1,872 SF
    Lot 0.93 ac (40,380 SF)
    APN B07-192-002-00
    UPID US66-2250786
    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
    Family Life Center Of Auglaize Coun · 1 yrs held
    Family Life Center Of Auglaize Coun
    since 2025
    Last sale
    $281,700
    2 recorded transactions
    2025
    $281,700
    2023
    $430,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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