For Sale
$499,000

249 Milan Ave Norwalk, OH 44857

High-traffic location, multiple buildings

Overview

Added:
Feb 3
Days on market:
84
This exceptional commercial property, situated on the highly visible Milan Avenue (State Route 250) in Norwalk, Ohio, presents a unique investment opportunity. The 1.52-acre lot boasts approximately 250 feet of frontage on Milan Avenue, plus additional access from Plank Road, ensuring excellent visibility and accessibility. The property comprises three parcels and includes three distinct buildings. The main building, situated to the south, offers approximately 7,000 square feet of versatile space, currently configured as office space, an auto garage, and ample storage. This building's layout provides flexibility for a variety of commercial uses. Behind the main building is a 1,296-square-foot mobile home with three bedrooms and two bathrooms, currently generating rental income of $450 per month. Finally, a 1,500-square-foot building located on the north end of the property, previously used as a lending institution, offers additional potential for development or lease. The entire property totals 9,816 square feet, offering a substantial footprint for a diverse range of commercial ventures. This property's strategic location, combined with its multiple buildings and ample space, makes it an ideal investment for both established businesses and entrepreneurs seeking a prominent presence in Norwalk. The asking price is $499,000.

Property Details for 249 Milan Ave

Property type
Commercial real estate
Square Feet
9,816 SF
Year Built
1954
Lot Size (sq. ft)
66,211 SF

Location Insight

City
Norwalk
County
Huron
State
Ohio
Latitude
41.26292
Longitude
-82.61153

FAQs

What type of property is this?
Commercial real estate - High-traffic location, multiple buildings
Where is the commercial real estate located?
The property is located at 249 Milan Ave Norwalk, OH.
What is the asking price?
The asking price for this property is $499,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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249 Milan Ave
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