5425 Liberty Ave, Vermilion, OH 44089-1333
- Office buildings
- 5,310 SF
- 0.20 lot acres
Current Use by Public Records
- International Bowhunting Org / Charitable Organization / Social Service Agency
- ACC Adult Home Care / Home Health Care Service / Hospice
- Vermilion Photojournal / Publishing House / Newspaper & Magazine
- Cassell Enterprises, Inc. / Real Estate Agency
Property Details for 5425 Liberty Ave
- Year built
- 1953
- Lot size
- 0.20 lot acres
- Property type
- Office buildings
- APN
- 18-00023-000
- APU
- 1800023000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 2, 2025 | $300,000 | Harbor View Holdings LLC | Harbour Town Inn INC | Deed | — |
| — | — | Harbour Town Inn INC | — | Loan Modification · related | $182k · Vacationland FCU |
| — | — | Harbour Town Inn INC | — | Loan Modification · related | $182k · Vacationland FCU |
| — | — | Harbour Town Inn INC | — | Loan Modification · related | $200k · Vacationland FCU |
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,170,000
- 6.5%
- $1,080,000
- 7%
- $1,005,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Vermilion
- County
- Erie
- State
- Ohio
- Longitude
- -82.3625
- Latitude
- 41.4217
- CBSA code
- 41780
- CBSA name
- SANDUSKY, OH METROPOLITAN STATISTICAL AREA
