389 Liberty St Wooster, OH 44691-4882
- Medical offices
- 2,880 SF
- 0.17 lot acres
Current Use by Public Records
- Eshleman Kendall C DVM / Veterinarian
- Mairs' Veterinary Hospital / Veterinarian / Animal Hospital
- Dr. Richard Mairs / Veterinarian
- Mairs Robert F DVM / Veterinarian
Property Details for 389 Liberty St
- Year built
- 1961
- Lot size
- 0.17 lot acres
- Property size
- 2,880 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 64-00965-001
- APU
- 6400965001
Description
This exceptional 2,926 square foot medical office building is situated in the heart of downtown Wooster, Ohio. The property, located at 389 W Liberty St, is a single-tenant building with a Class B designation and boasts a convenient 0.253-acre lot. Constructed in 1980, this two-story building features a practical layout ideal for medical practices. The first floor offers an open room, perfect for a waiting area or reception, along with a kitchen facility. The second floor comprises private offices, providing ample space for consultations and administrative tasks. Restrooms are conveniently located on both floors. The property is zoned C-4 and has the Wayne County APN 64-00965.000. While the building offers a limited number of on-site parking spaces, its central downtown location provides easy access to additional parking options. The annual property taxes are $3,426.98. This property is being offered "as is" and presents a unique opportunity for a medical professional seeking a well-established location in a thriving community. The building's history as the former Landes & Landes office speaks to its suitability for professional use. This is a rare opportunity to acquire a well-located, established medical office building in a desirable Ohio market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $200,000
- 6.5%
- $210,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $190,000
- Geo Method
- $180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $165,000
- Mixed-Use
- $150,000
- Hospitality
- $190,000
- Educational
- $170,000
- Residential Income
- $200,000
- Energy
- $155,000
- Income-Based Land
- $190,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Wooster
- County
- Wayne
- State
- Ohio
- Longitude
- -81.9457
- Latitude
- 40.798
- CBSA code
- 49300
- CBSA name
- WOOSTER, OH MICROPOLITAN STATISTICAL AREA
