853 Norwalk W Rd Norwalk, OH 44857-9262
This exceptional commercial property, located at 853 S Norwalk Road in Norwalk, Ohio, presents a fantastic opportunity for a variety of businesses. Currently configured as a doctor's office, the building offers 2,269 square feet of well-appointed space on the main level. The layout includes a spacious waiting area, four examination rooms, a dedicated lab, a private office, a reception area, and two half bathrooms. This functional design is ideal for medical practices, but could easily be adapted to suit other professional office uses. The property also boasts a significant advantage with an unfinished lower level, adding an additional 1849 square feet of space with a separate exterior entrance. This expansive lower level presents considerable potential for expansion, storage, or even the creation of additional office space. The 0.75-acre lot provides ample parking and outdoor space. The building's convenient location just south of Norwalk ensures easy access for clients and employees. Priced at $229,900, this property offers a compelling combination of existing functionality and significant growth potential. Don't miss this chance to acquire a versatile and well-situated commercial building in a desirable location.
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Koehn Stephanie Employment 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
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Risks
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