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13805 State Route 107, Montpelier, OH 43543

$395,000
  • 13805 State Route 107, Montpelier, OH 43543 Main Photo

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New to the Market Active
MLS#309697
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

RARE OPPORTUNITY to own a high-visibility commercial property on 3.14 acres just west of the intersection of State Route 15 and State Route 107. This property features two newer commercial buildings (built in 1993 & 1994) with asphalt paved parking and excellent potential for a variety of business uses. The east building offers approximately 4,000 sq ft (40 x 100) and was built by Welling Construction. It is currently configured as one large open space and includes three furnaces (two currently operating), central air, and three handicap-accessible restrooms. The west building offers approximately 3,000 sq ft (40 x 75) and was built by Siebenaler Construction. It is also currently open but was originally designed as three separate units, each with its own furnace, central air, and handicap-accessible restroom. Both buildings were designed with three individual units, each with its own furnace and restroom, and the entryway walls between units could easily be closed again to create up to six separate rental suites, offering excellent flexibility for multi-tenant use or investment income. Each building also has its own separate electric meter. The property includes asphalt parking for approximately 35-40 vehicles in front, with additional parking available in the rear. Per owner, the front roofs on both buildings were replaced approximately two years ago. The property is served by well water, and the seller indicates there is room on the property for a potential third building. Conveniently located just minutes from the Ohio Turnpike, the location provides excellent regional access--approximately 1 hour to Toledo and about 1 hour 10 minutes to Fort Wayne. Properties with this combination of location, flexibility, and expansion potential rarely become available. Schedule your showing today and imagine the possibilities.

13805 State Route 107 | MLS# 309697

This commercial property located at 13805 State Route 107, Montpelier, OH 43543 is currently listed for sale with an asking price of $395,000. Search Montpelier real estate on www.ikeyrealty.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Heating: Forced Air, Natural Gas
Roof Type: Asphalt
Stories: 1.0
Taxes: $3,200
Year Built: 1993

Feature Descriptions

Flooring: Concrete, Other
Parcel #: 073-060-00-024.001
Parking: Parking Lot
Sewer: Septic Tank
Utilities: Sewer Connected, Water Connected
Water: Well

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Classic Properties
Agency Phone: (419) 212-2547
Agent Name: Cheryl Andres

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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