Property summary
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
VerifiedCap rate & NOI
Current use
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Pharmacy
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Pharmacy
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Pharmacy
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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