618 Rockwell & 1708 Bolton

Industrial for Sale
Catylist Listing ID: 30030069
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 14,648 SF
Gross Building Area: 9,248 SF
Gross Land Area: 3.30 Acres
Sale Price: $425,000
Unit Price: $29.01 PSF
Ceiling: 24.3 ft. / 8 ft. Clear
Office SF: 1,328 SF
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Usable Size (USF): 14,648 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/16/2018

Overview / Comments

The following updates have been recently completed:
Rockwell was repainted and mortar joints were redone.
Rockwell and Bolton roofs were replaced within the past 5 years with asphalt shingles.
Windows in the warehouse have been replaced.
New furnace, air conditioning and water heater.

The office configuration includes 3 offices with a large open meeting room. 1 dry walled office in 1708 Bolton. No plumbing.

The shop (Rockwell) includes: Compressed air lines, back flow preventer, shop office break room and restroom. Mezzanine storage above the office. Additional mezzanine storage in the corner of the warehouse.

1708 Bolton is leased @ $1,000 per month plus electric on a month-to-month basis. They have been a tenant for approximately 1.5 years.

CTL Engineering completed the Phase 1 and Phase 2 of the property which is on file.
The lay down yard is completely fenced, secured and lit.


Finance Data Year 2016
Real Estate Taxes - Annual($) $4,905 (Annual)

Additional Details

Nearest MSA: Findlay
County: Hancock
Taxing Authority: Hancock County
Tax ID/APN: 610000335690
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Roof Type: Other
Construction/Siding: Block, Metal Siding, Steel Frame
Exterior Description: Block, brick and metal
Parking Type: Surface
Parking Description: Asphalt lot in front, unstriped gravel lot in rear
Overhead Cranes: 1
Sprinklers: None
Heat Type: Natural Gas
Zoning Description: I-1 Light Industrial
Lot Frontage: 161.58
Lot Depth: 160
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,800 38,987 50,720
Median Age: 32.2 35.82 37.85
Households: 4,427 16,241 20,889
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.