Property summary
This exceptional 5,200 square foot office building is ideally situated in Vermilion, Ohio, at 5425 Liberty Avenue. Boasting excellent visibility directly across from the Vermilion Boat Club and close to the downtown area, this property offers significant advantages for businesses seeking a prominent location. The building is in excellent condition and features a large, lighted sign for maximum brand exposure. Interior updates include bathrooms fully renovated in 2022. The layout includes a spacious conference room, several smaller private offices arranged along a wide central hallway, and a large office area at the rear of the building with convenient rear entry access. Currently, two tenants are under lease agreements extending to 2025, a third tenant is on a month-to-month lease, and the fourth tenant is the current owner. The existing office divisions are easily adaptable, allowing for the creation of larger office spaces as needed to suit a variety of business requirements. Ample parking is provided with five spaces in the rear, supplemented by readily available street parking on Liberty Avenue and Toledo Street. The property sits on a 0.2-acre lot. This turnkey opportunity is priced at $325,000.
Property profile
VerifiedCap rate & NOI
Current use
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Charitable Organization Social Service Agency
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Home Health Care Service Hospice
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Publishing House Newspaper & Magazine
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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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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