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Property profile & analytics
OFF-MARKET
Office Spaces

215 Harding E Way Galion, OH 44833-2002

Individually Owned 3-yr Hold Free & Clear
Property ID
US66-4657781
Property summary
AI-generated overview

This well-maintained Galion property at 215 Harding Way West presents a unique investment opportunity. The building boasts a main floor commercial space, ideally suited for office use, with the potential for division into two separate units. Its excellent location directly across from a Wendy's restaurant ensures high visibility and foot traffic. The second floor comprises two one-bedroom apartments, providing a steady rental income stream. Ample parking is available in the rear, including a two-car carport, adding significant convenience for tenants and clients. A full basement offers substantial additional storage space. Adding to the appeal, the office unit and one apartment are currently furnished and will be sold in their furnished condition. The property is situated on a 0-acre lot. This versatile property is perfect for an investor seeking a blend of commercial and residential income, offering both immediate returns and long-term growth potential. The combination of a prime location, multiple income streams, and existing furnishings makes this a truly attractive investment opportunity in the thriving Galion market. Serious inquiries are encouraged to explore this exceptional property further. The asking price is $185,000.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
APN 19-0025698.000
UPID US66-4657781
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gordon Butler · 3 yrs held
Gordon Butler
since 2023
4 recorded transactions
2023
$40,000
2022
$35,000
2016
$35,000
2014
$2,100
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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