420 Merrill St - Warehouse FOR SALE


Andover, OH 44003
$386,000 USD
440-570-9514
420 Merrill St, Andover, OH for Sale
$386,000 USD
Warehouse - FOR SALE
1/27
null | Request Cap Rate

420 Merrill St
Andover, OH 44003


HIGHLIGHTS

  • Two warehouse buildings totaling approximately 12,745 square feet on 5.31 acres.
  • Features an overhead crane, loading dock, interior bay ramp, and two overhead doors.
  • Includes office space, conference room, community kitchen, and updated restrooms.
  • Extensive recent improvements include roof, lighting, insulation, dock, and office upgrades.

OVERVIEW

420 Merrill Street in Andover, Ohio presents an opportunity for an owner-user or investor seeking a functional industrial property with room for operations and future growth. Situated on 5.31 acres just off E. Main Street, the property features two well-maintained warehouse buildings totaling approximately 12,745 square feet, including an 11,145-square-foot front building and a 1,600-square-foot rear building. The improvements are designed to support a variety of industrial, manufacturing, warehousing, distribution, and service-oriented uses. Property features include concrete floors, an overhead crane, one loading dock, two overhead doors, an interior bay ramp, HVAC, fan systems, city water and sewer service, ample parking, and dedicated office space with a conference room, community kitchen, and two half bathrooms. Ownership has completed extensive capital improvements, including warehouse door replacements, LED lighting upgrades, office and restroom renovations, spray foam insulation, roof repairs and replacement, dock equipment upgrades, gutter and drainage improvements, wall reinforcements, heating system updates, and driveway enhancements. The combination of functional warehouse space, office accommodations, infrastructure improvements, and convenient access creates a versatile industrial asset in a well-connected Andover location.

FOR SALE DETAILS

PRICE

$386,000 USD

PRICE/SF

$30 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.6

LAND SF

244,082

ZONING

-

APN/PARCEL ID

020134001200

ASK ABOUT THIS PROPERTY

Leilani BowersockColdwell Banker Schmidt RealtyMore Info
440-570-9514

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Leilani BowersockColdwell Banker Schmidt RealtyMore Info
440-570-9514

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