5425 Liberty Ave Vermilion, OH 44089-1333
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.
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International Bowhunting Org Charitable Organization Social Service Agency
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ACC Adult Home Care Home Health Care Service Hospice
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Vermilion Photojournal Publishing House Newspaper & Magazine
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Cassell Enterprises, Inc. Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.