341-345 E Main St - Flex FOR SALE


Enon, OH 45323- Medway/Enon
$650,000 USD
937-360-9952
341-345 E Main St, Enon, OH for Sale
$650,000 USD
Flex - FOR SALE
1/5
null | Request Cap Rate

341-345 E Main St
Enon, OH 45323
Medway/Enon


HIGHLIGHTS

  • Stabilized income property anchored by a long-established Ohio brand — Magnetic Springs Water Company
  • Five-year initial lease term in place through October 1, 2029, with five one-year renewal options extending potential occupancy through 2034
  • Tenant carries the majority of operating expenses, HVAC maintenance, and all utility costs — landlord obligations limited primarily to taxes, struct
  • 20 FT Ceilings, 14 FT Overhead Door, New Electric (200/220), Roof Replaced (2019), New Restroom, City Water, City Sewer

OVERVIEW

Coldwell Banker Commercial | Heritage is pleased to present the exclusive opportunity to acquire 345 E. Main Street, Enon, Ohio — a stabilized, income-producing commercial investment property fully occupied by Magnetic Springs Water Company, a long-established Ohio bottled water operator. 20 FT Ceilings, 14 FT Overhead Door, New Electric(200/220), Roof Replaced (2019), New Restroom, City Water, City Sewer The asset is offered subject to an in-place commercial lease running through October 1, 2029, with five (5) one-year renewal options available to the tenant at the same terms. Base rent is $4,000 per month ($48,000 annually), with the tenant responsible for all utilities, interior maintenance, semi-annual HVAC service, common area upkeep, snow removal, and a $1,000,000 liability policy naming the landlord as an additional insured. Landlord obligations are limited primarily to real estate taxes, structural roof and building elements, and fire/extended coverage insurance. This is a passive, low-touch ownership profile for an investor seeking dependable cash flow from a credit-conscious Ohio operator with deep local brand history. Title is clean — no option to purchase, right of first refusal, or recorded memorandum of option encumbers the property — giving the new owner full flexibility to hold for income, refinance, or reposition at lease expiration. All offers should be submitted in writing to Pat Williams, Vice President of Commercial Sales & Leasing at Coldwell Banker Commercial | Heritage. Additional financials, lease documentation, and a property tour are available to qualified investors upon execution of a standard confidentiality agreement.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Fully Lease Industrial For Sale

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.46

LAND SF

20,038

ZONING

-

APN/PARCEL ID

21-00600-03130-5003

ASK ABOUT THIS PROPERTY

Patrick WilliamsColdwell Banker Commercial | HeritageMore Info
937-360-9952

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Patrick WilliamsColdwell Banker Commercial | HeritageMore Info
937-360-9952

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