Property profile

140 W Front St Perrysburg, OH 43551

FOR SALE
Office Units
Property ID
US66-Q008207
3,944 SF Built 1821
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Property summary

AI-generated overview

Historic mixed-use building right outside of Downtown Perrysburg. Originally built as The Exchange Hotel.1st floor (commercial) – 2,080 square feet.2nd floor (residential) – 1,864 square feet + outdoor balconies.Basement – 520 square feet.1st floor recently used as an aesthetics and wellness business. Layout includes offices, some with sinks.Excellent visibility from Front Street, a main entryway into Perrysburg.Each 1st floor “unit” has a restroom, making the 1st floor easy to divide or use as one large space. Upstairs apartments previously rented for $1,400 - $1,500/month. Washer/dryer on the 1st floor.Gas for entire property is on one meter.Electrical is divided into four meters.Recent updates include:New electrical in offices.Plumbing updates – sinks relocated in offices.New HVAC high velocity system (Spacepak Central Air), updated finishes (flooring, cabinets, countertops, etc).Electric heat currently not in use. Currently heated by boiler.Two of the three garages are currently leased on a MTM basis for $100/month.

Property profile

Verified
Property type Office Units
Year built 1821
Total area 3,944 SF
UPID US66-Q008207

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Physician
  • Physician
  • Spa & Massage Center Alternative Medicine Practice
  • Life Coach

Location

140 W Front St Perrysburg, OH 43551
Perrysburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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