6020 Manchester Rd New Franklin, OH 44319-4600
This exceptional 3,496-square-foot former bank building in New Franklin, Ohio, presents a unique investment opportunity. Located on a 1.81-acre corner lot at 6020 Manchester Rd (44319), this single-story, 2001-built structure boasts a convenient location between Canal Fulton and Portage Lakes. The property is zoned B-1 and offers ample parking for 43 vehicles, ensuring easy access for customers and employees. The building features a large open area, a lunchroom, two restrooms, a conference room, and substantial storage space. All non-compete restrictions have been removed, opening the door to a variety of uses. Intact security features include a safe and drive-through. The asking price is $689,000, with a price per square foot of $197.08. Lease options are also available at $3,500 per month plus NNN and utilities, with a minimum lease term of 3-5 years. The property's excellent condition and versatile layout make it ideal for a range of retail or office businesses. Potential buyers or lessees are encouraged to verify zoning compliance with local authorities to ensure their intended use aligns with permitted regulations. This is a rare opportunity to acquire a well-maintained, strategically located commercial property with significant potential.
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.