423 Hopewell Rd - Manufacturing FOR SALE


Waverly, OH 45690
$6,800,000 USD
513-448-5893
423 Hopewell Rd, Waverly, OH for Sale
$6,800,000 USD
Manufacturing - FOR SALE
1/38
null | Request Cap Rate

423 Hopewell Rd
Waverly, OH 45690


OVERVIEW

Opportunity to acquire a 329,730 SF industrial facility on 13.5 acres in Waverly, Ohio. Property is offered as-is with a leaseback to the current owner, providing buyer immediate rental income. The building underwent significant renovations since 2018, including adding a showroom, an employee break room, partial roof replacement, new LED lighting over the warehouse, upgraded overhead doors, and other general improvements totaling over half a million dollars. The facility features 23’ clear height, 45 dock doors, 4 drive-in doors, and approximately 7,000 SF of office space. It is fully sprinklered and offers ample truck circulation and parking. Located just off U.S. Route 23 & 32 the site provides convenient access to Columbus, Cincinnati, and other key regional distribution routes. This is a strong investment opportunity with stable cash flow and long-term potential.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$21 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Washington Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting, Gas - Natural, Water, Sewer - City, Heating - Gas

CLEAR CEILING HT

23 Ft

DOCKS

45

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

13.5

LAND SF

588,060

ZONING

-

APN/PARCEL ID

18-035701.0000,180357010300

ASK ABOUT THIS PROPERTY

Emily JiaoValleywood CabinetryMore Info
513-448-5893

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Emily JiaoValleywood CabinetryMore Info
513-448-5893

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