For Sale
$925,000

208 Milltown RdWooster, OH 44691

Mixed-use office building, great potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property at 208 E Milltown Rd, Wooster, OH 44691, presents a compelling investment opportunity. The 6,552 square foot building, constructed in 1998, sits on a 0.782-acre lot and is zoned C-1 Office/Institutional. Currently operating as a multi-tenant property, it features two units. Unit A is under lease until October 31st, 2027, providing immediate income. Unit B is available for lease, offering the potential for increased revenue. The asking price is $925,000, translating to $141.18 per square foot. The building's current occupancy is 50%, with full occupancy projected for July 22nd, 2024. The existing lease for Unit A is a gross lease with a 5.2-year term, commencing August 24th, 2022. This single-story building offers a versatile space suitable for executive, medical, or traditional office uses. The property's location in Wooster, Wayne County, Ohio, provides excellent access to local amenities and transportation. This owner/user investment opportunity allows for immediate income generation and future growth potential. Serious inquiries only.

Highlights

  • 6,552 SF mixed-use building on a 0.78-acre lot in Wooster, OH.
  • Currently 50% occupied, with full occupancy projected by July 22, 2024.
  • Unit A is under lease until October 31, 2027; Unit B is available for lease.
  • Asking price: $925,000 ($141.18/SF).

Property Details for 208 Milltown Rd

Property type
Retail properties, Office properties
Square Feet
6,552 SF
Year Built
1998
Stories
1
Lot Size (sq. ft)
34,064 SF

Location Insight

City
Wooster
County
Wayne
State
Ohio
Latitude
40.844142
Longitude
-81.9382544
208 Milltown Rd, Wooster, Ohio

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208 Milltown Rd
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