Property summary
This exceptional commercial property in downtown Norwalk, Ohio, presents a unique investment opportunity. Boasting a total of 8,422 square feet on a 0.25-acre lot, this property offers a blend of renovated retail space and expansive warehouse potential. The recently renovated 2,332-square-foot retail area features modern updates including new gas heaters, a gas forced air furnace, central air conditioning, updated electrical and plumbing systems, fresh drywall, new lighting, a new water heater, and a renovated bathroom. Exposed ductwork adds to the industrial-chic aesthetic. The adjacent 6,090-square-foot warehouse space, measuring approximately 87' x 70', is equipped with overhead garage doors, offering versatile usage options. This space could serve as a warehouse, or present significant potential for future development. The property benefits from separate electrical meters for the retail and warehouse areas, ensuring efficient utility management. New concrete sidewalks enhance the property's curb appeal. Previously utilized as an automotive service garage and sales dealership, this property comes with comprehensive documentation, including Phase I environmental reports and dump hauling records. Its prime downtown location offers easy access to shops, restaurants, the post office, coffee shops, parks, and the Norwalk splash pad, ensuring high visibility and convenient access for both employees and customers. This is an ideal opportunity for a business seeking a move-in ready space with significant expansion possibilities in a thriving downtown area. The property is commercially/industrially zoned. The motivated seller makes this an attractive proposition.
Property profile
VerifiedCap rate & NOI
Current use
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Charitable Organization Social Service Agency
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Law Firm
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Trade Show Venue (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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