Technical
Financial
Distress signals
Property profile

215 Harding Way W Galion, OH 44833

FOR SALE
Office Spaces
Property ID
US66-4657781
Individually Owned 3-yr Hold Free & Clear
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For Sale
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215 Harding Way W, Galion, OH 44833
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

215 Harding Way W Galion, OH 44833
Galion metro Census 975100 BUCYRUS, OH MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2023
4 recorded transactions
2023
$40,000
2022
$35,000
2016
$35,000
2014
$2,100

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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