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56 Stower Ln Norwalk, OH 44857

Five-tenant retail strip, high-traffic location.

Overview

Added:
Feb 3
Days on market:
84
This exceptional investment opportunity presents a five-tenant retail strip mall ideally situated in Norwalk, Ohio. The property boasts a total of 1.26 acres and features four strong, established tenants all operating under favorable Net Net Net (NNN) leases, minimizing landlord responsibilities. These tenants include a popular pizza restaurant (East of Chicago Pizza), a well-known financial services firm (Edward Jones), and two thriving oral surgery practices. The oral surgery practices have recently invested over $500,000 in improvements within the last two years, demonstrating their commitment to the location and long-term success. A significant advantage is the inclusion of a prominent monument sign on Route 250, ensuring high visibility and attracting potential customers. Currently, one in-line space of 1,496 square feet is vacant, presenting a unique opportunity for an owner-occupant or an investor seeking to increase rental income. While not currently marketed, this space is easily rentable given the property's prime location and existing tenant strength. This property offers a compelling combination of stable income from existing tenants and significant upside potential from leasing the vacant space, making it an attractive investment for both owner-occupants and investors seeking a strong return on investment. The property's location and tenant mix create a robust and desirable investment opportunity.

Property Details for 56 Stower Ln

Property type
Commercial real estate
Square Feet
1,496 SF
Year Built
2007
Lot Size (sq. ft)
54,886 SF

Location Insight

City
Norwalk
County
Huron
State
Ohio
Latitude
41.26865
Longitude
-82.60679

FAQs

What type of property is this?
Commercial real estate - Five-tenant retail strip, high-traffic location.
Where is the commercial real estate located?
The property is located at 56 Stower Ln Norwalk, OH.
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56 Stower Ln
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