504 Walnut St SE - Industrial FOR SALE


Niles, OH 44446
$5,283,000 USD
330-746-6581

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$5,283,000 USD
Industrial - FOR SALE
null | Request Cap Rate

504 Walnut St SE
Niles, OH 44446


HIGHLIGHTS

  • Heavy industrial facility with nine overhead cranes.
  • Multiple dock configurations for flexible logistics.
  • Located in Niles’ manufacturing district with strong transport access.
  • Robust electrical infrastructure for power-intensive operations.

OVERVIEW

Positioned in Niles’ established manufacturing district, 504 Walnut Street SE offers a rare opportunity to acquire a substantial heavy industrial facility designed for high-capacity operations. Spanning approximately 186,450 square feet on 11.01 acres, this property features a robust steel superstructure with reinforced concrete floors and clear spans ranging from 12 to 17 feet, ensuring flexibility for diverse production layouts. The building is equipped with nine overhead bridge cranes (3 to 10 tons), maintained by Industrial Crane & Hoist of Akron, and multiple dock configurations including five interior tractor trailer docks and four sunken docks for flatbed and Conestoga trailers. Electrical infrastructure includes a 480-volt substation rebuilt in 2014 and a secondary 240-volt system, supporting heavy power requirements. Additional amenities include a 4,500 SF office suite with conference facilities, dry sprinkler system, and LED lighting throughout. Environmental compliance is actively managed through Arcadis’ VAP program, with costs covered by a third party. Located within the I and HM zoning districts, the site offers strategic positioning near major transportation routes, making it ideal for manufacturers seeking scalability and efficiency. Offered at $5,283,000, this asset combines operational readiness with long-term value in a region known for its skilled workforce and industrial heritage.

FOR SALE DETAILS

PRICE

$5,283,000 USD

PRICE/SF

$28 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

17 Ft

DOCKS

9

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.32

LAND SF

449,539

ZONING

-

APN/PARCEL ID

25-695300

ASK ABOUT THIS PROPERTY

Scott LewisEdward J. Lewis Inc.More Info
330-746-6581

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Scott LewisEdward J. Lewis Inc.More Info
330-746-6581

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