164 High St, Wadsworth, OH 44281-1859
This exceptional 2,385 square foot office building, situated on a 0.23-acre lot at 164 High Street in the heart of historic downtown Wadsworth, OH, presents a remarkable investment opportunity. The property boasts a beautifully remodeled exterior and interior, offering a blend of classic charm and contemporary functionality. The first floor features a spacious open office area, perfect for collaborative workspaces, complemented by a convenient kitchenette and a public restroom. Multiple public and private entrances ensure easy access and flexibility. A private office with its own entrance and restroom provides a dedicated space for executive functions or specialized work. Extensive recent updates include a new roof, furnace, central air conditioning system, windows, siding, concrete work, and electrical upgrades, minimizing future maintenance concerns. The unfinished second floor presents a wealth of possibilities for expansion. This space could be customized to create additional office space to accommodate business growth, or developed into a separate rentable unit, generating supplemental income. The combination of prime downtown location, private parking, and the potential for significant customization makes this property a truly unique offering. Secure your place in Wadsworth's vibrant business community. The asking price is $325,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.