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Property profile & analytics
OFF-MARKET Estimated value $860,000
Office buildings

5425 Liberty Ave Vermilion, OH 44089-1333

5,310 SF 0.2 ac lot Built 1953
Entity Owned Free & Clear
Property ID
US66-0310332
Property summary
AI-generated overview

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
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1953
Total area 5,310 SF
Lot 0.2 ac (8,712 SF)
APN 18-00023-000
UPID US66-0310332
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.08M
Comparable Approach Comparable
by Request
Blend (final) Blend
$860k
Owner & transaction history
Harbor View Holdings LLC
Harbor View Holdings LLC
since 2025
4 recorded transactions
2025
$300,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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