3200 Woodville RdNorthwood, OH 43619

For Sale
$239,000

Fully Leased, Multi-Unit Property, High ROI

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a fully leased, two-story, four-unit office and service complex located at 3200 Woodville Road, Unit 3200, Northwood, OH. The property boasts approximately 36,290 dollars in annual gross rents, with built-in rent increases ensuring consistent income growth. Currently, three of the four suites are occupied by a single tenant, with a long-standing hair salon occupying the remaining suite, providing stability and established clientele. This turnkey investment offers immediate cash flow and a strong tenant base. The sale includes three parcels of land, totaling 0.34 acres, which encompasses the main building and an adjacent 0.24-acre parking lot, providing ample parking for tenants and visitors. The property's classification is "Other," reflecting its unique blend of office and service spaces, making it suitable for a diverse range of businesses. The asking price for this lucrative investment is $239,000. This presents a rare opportunity to acquire a stable, income-generating property with significant potential for future appreciation in a desirable Northwood location. The property's size is not specified in the provided information. This is a prime opportunity for investors seeking a reliable and profitable addition to their portfolio.

Property Details for 3200 Woodville Rd

Property type
Other commercial real estate
Year Built
1968
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Northwood
County
Wood
State
Ohio
Latitude
41.61327
Longitude
-83.48174
3200 Woodville Rd, Northwood, Ohio

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3200 Woodville Rd
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