31 S Ludlow Rd - Auto Repair FOR SALE


Urbana, OH 43078
$695,000 USD
614-313-8126
31 S Ludlow Rd, Urbana, OH for Sale
$695,000 USD
Auto Repair - FOR SALE
1/48
null | Request Cap Rate

Nov '25


31 S Ludlow Rd
Urbana, OH 43078


OVERVIEW

Commercial property with multiple potential uses, including auto sales/service, RV operations, distribution, retail, office, or trades. Located on a corner lot with approx. 450' of frontage on US-36 and 280' on S. Ludlow, the site offers strong visibility and access. The property features a 1-acre paved lot with ample parking and comprises two parcels. Total acreage is 2.155. The main building provides 10,000± sq. ft. with 2 deluxe office suites (one with a full bath, one with a half bath), 5 additional offices, 2 showrooms (25'x48' and 30'x40'), a 30'x40' loft/lounge, and a 40'x60' repair shop with five 12' doors and 2 car lifts. A secondary 30'x125' building includes 6 overhead doors (five at 8' and one at 10') and is divided into 3 sections with electric; the middle section is heated and has water. Suitable for storage, shop space, or expansion. The location is 7 miles to Rt 56/161, 18 miles to I-70, and 30 miles to I-75, with direct access to Springfield (15 mi), Marysville (25 mi), Dayton (35 mi), and Columbus (45 mi). Sq. Ft. Lease Rate: $8.79 per sq. ft. based on 8,196 square feet. $6,000 per month (Modified Net Lease) - landlord covers real estate taxes only. Seller would like a minimum 1-year lease.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership, Refrigeration/Cold Storage, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

Commercial/Business

APN/PARCEL ID

J37-10-00-47-00-015-00,J37-10-00-47-00-018-01

ASK ABOUT THIS PROPERTY

Jennifer WilliamsHoward Hanna Real Estate ServicesMore Info
614-313-8126

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

Jennifer WilliamsHoward Hanna Real Estate ServicesMore Info
614-313-8126

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