458 2nd Ave - Manufacturing FOR SALE


Tiffin, OH 44883
$15,000,000 USD
248-358-6100
458 2nd Ave, Tiffin, OH for Sale
$15,000,000 USD
Manufacturing - FOR SALE
1/33
null | Request Cap Rate

458 2nd Ave
Tiffin, OH 44883


HIGHLIGHTS

  • Rare, larger manufacturing facility in desirable Tiffin, OH location.
  • One parcel is located in the city of Tiffin. the other parcel is located in Hopewell Twp, which does not have zoning and reverts to AG.
  • Rail-served industrial facility with direct access to Northern Ohio and Western Railway, providing interchange connectivity.
  • Multiple integrated manufacturing and warehouse sections featuring durable metal and concrete block construction with upgraded systems.
  • Extensive loading capabilities including numerous dock positions, multiple drive-in doors, and a deep truck court.
  • Robust power distribution supported by several substations and heavy-duty electrical infrastructure suitable for advanced manufacturing.

OVERVIEW

458 Second Avenue presents a rare opportunity to acquire a substantial industrial manufacturing facility in the heart of North Central Ohio. Positioned within the Tiffin corporate limits and extending partly into unzoned Hopewell Township, the property offers an exceptional combination of scale, infrastructure, and long-term adaptability for modern industrial users. Its strategic location provides immediate access to U.S. 224 and convenient connectivity to major regional markets including Toledo, Cleveland, Columbus, and Findlay, making it well suited for both regional distribution and specialized manufacturing operations. The facility has been continuously improved over decades and now features multiple integrated building sections with durable metal and concrete block construction. Ceiling heights range from 14 feet in the original portion to 22 feet in the later warehouse expansions, allowing flexibility for diverse industrial workflows. A robust logistics profile includes 20 dock positions, six drive-in doors, and a 200-foot truck court, supporting efficient movement of materials. Importantly, the site is served by Northern Ohio & Western Railway with interchange access to CSX and Norfolk Southern, supplying dual long-haul rail connectivity for shippers seeking multimodal capability. Power and mechanical systems are substantial, with multiple substations, air rotation furnaces, extensive sprinkler protection, and both city water and on-site storage with a booster pump. The property includes approximately 200 auto parking spaces and dedicated trailer parking along the western boundary. The surrounding business ecosystem includes major manufacturing employers and benefits from proximity to two universities, creating a reliable workforce pipeline. With an asking price of $15,000,000, this offering provides investors or owner-users a compelling opportunity to secure a large-scale, rail-served industrial asset in a business-friendly, workforce-rich Ohio community.

FOR SALE DETAILS

PRICE

$15,000,000 USD

PRICE/SF

$28 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

UTILITIES

Water, Sewer

CLEAR CEILING HT

22 Ft

DOCKS

20

DRIVE INS

4

PARKING SPACES

240

LAND DETAILS

LAND ACRES

35.42

LAND SF

1,542,895

ZONING

M-2

APN/PARCEL ID

Q53020365740000,Q53021192080000,Q53021192120000,Q53021192160000,Q53021192200000,Q53021192240000,Q53021192280000,Q53021194800000,Q53021198600000

ASK ABOUT THIS PROPERTY

Craig HerschelCushman & WakefieldMore Info
248-358-6100

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Craig HerschelCushman & WakefieldMore Info
248-358-6100

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