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    OFF-MARKET
    Office buildings

    164 High St, Wadsworth, OH 44281-1859

    2,529 SF 0.23 ac lot Built 1926
    Entity Owned Free & Clear
    Property ID
    US66-1321186
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1926
    Construction WOOD
    Total area 2,529 SF
    Lot 0.23 ac (10,062 SF)
    APN 040-20A-17-064
    UPID US66-1321186
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Norstrom Family Properties LLC
    Norstrom Family Properties LLC
    since 2025
    Last sale
    $305,000
    3 recorded transactions
    2025
    $305,000
    2022
    2018
    $500,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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