166 Milan Ave Norwalk, OH 44857-1146
This exceptional 1,000 square foot office space is available for sublease at 166 Milan Avenue in Norwalk, Ohio. Situated on a 1.29-acre lot, this property boasts high visibility and excellent accessibility with two curb cuts, catering to a daily traffic count of 12,283 vehicles. The lease includes all property taxes, insurance, maintenance, and utilities, simplifying budgeting and operational costs. The space features five handicap-accessible offices currently undergoing renovations, providing a modern and inclusive work environment. Shared amenities include a conference room, breakroom, and restrooms, enhancing convenience and collaboration. A private entrance and integrated security and sprinkler systems ensure safety and peace of mind. The current rental price is $2000, but is negotiable depending on the tenant's space requirements. A large open space at the rear of the building may be included in the lease agreement. This build-to-suite option offers flexibility for businesses seeking to customize their workspace. Located in the heart of Huron County, this property offers an ideal location for businesses seeking high visibility and convenient access. The November 2024 update includes the possibility of including a large open space in the back of the building as part of the lease.
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Columbia Gas Co of Ohio Gas Company
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Rzlynt Computer & Electronic Repair
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.