20 N Zischler St - Manufacturing FOR SALE


Springfield, OH 45504
$1,700,000 USD
937-492-4423
20 N Zischler St, Springfield, OH for Sale
$1,700,000 USD
Manufacturing - FOR SALE
1/8
null | 9.7% Cap Rate

20 N Zischler St
Springfield, OH 45504


HIGHLIGHTS

  • Well Below Market Lease Rates
  • 10-Ton Crane
  • Large Outside Storage
  • 10-year Lease - Just Signed
  • Cap Rate: 9.7%
  • Annual Taxes = $19,075.92 & Property Insurance: $10,886

OVERVIEW

INVESTMENT OPPORTUNITY! WAREHOUSE FACILITY AT 20 ZISCHLER STREET, SPRINGFIELD, OHIO 45504 Don't miss out on this incredible investment opportunity! This spacious warehouse facility boasts 60,500 SF, offering ample space for a variety of business needs. With a sales price reduced to $1,700,000, this property is well below market lease rates, presenting an attractive investment potential. Featuring a clear height of 18' - 30', a 10-ton crane, 5 docks, and 6 drive-in doors, this property is equipped to handle diverse operations. Additionally, a recently signed 10-year lease ensures a steady income stream for the savvy investor. The property also includes large outside storage, ideal for businesses requiring additional space. With a cap rate of 9.7% and a prime location in Springfield, Ohio, this warehouse facility is a rare find. Take advantage of this opportunity today! For information, contact: Tim Echemann or Conrad Echemann at (937) 492-4423. Annual Taxes: $19,075.92 Property Insurance: $10,886

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$27 USD /SF

CAP RATE

9.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

30 Ft

DOCKS

5

DRIVE INS

6

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.38

LAND SF

103,672

ZONING

I-2

APN/PARCEL ID

34-00600-00532-4001,34-00600-00532-4002,34-00600-00532-5001,34-00600-00532-5023,34-00600-00532-5025

ASK ABOUT THIS PROPERTY

Tim EchemannIndustrial Property BrokersMore Info
937-492-4423

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Tim EchemannIndustrial Property BrokersMore Info
937-492-4423

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.