For Sale
$540,000

900 South Boundary StPerrysburg, OH 43551

Prime Office Space, 34,960 SF, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 10-building executive office complex totaling 34,960 square feet, situated on a 5.01-acre lot in Perrysburg, Ohio. The property, located at 900 W. South Boundary Street, boasts a Class B designation and is currently 100% occupied, generating a strong return on investment. Built in 1994 by Melchior Building Company, this single-story complex offers 183 parking spaces, providing ample convenience for tenants and visitors. The property is zoned C-3, allowing for a variety of potential uses. Its strategic location offers excellent accessibility, less than a quarter-mile from a traffic light and a half-mile from an expressway, ensuring high visibility and convenient commutes. The Perry Towne Square condominium fee is $600 per building. While buildings 4, 7, 8, 9, and 10 are currently available for sale, the entire complex is offered at an attractive asking price of $540,000, translating to $15.45 per square foot. Average utility costs for occupants in Perry Towne Square are $2.30 per square foot. This well-maintained property represents a rare opportunity to acquire a substantial, income-producing asset in a desirable location. The property's strong occupancy rate and convenient location make it an ideal investment for discerning buyers seeking a stable and profitable venture.

Highlights

  • Less than a quarter-mile to signalized intersection.
  • Half-mile to expressway.
  • 10-unit multifamily complex, Melchior Building Company construction.
  • Average utility cost: $2.30/square foot.
  • $600 per building condominium fee.
  • Buildings 4, 7, 8, 9, and 10 available for sale.

Property Details for 900 South Boundary St

Property type
Office properties
Square Feet
34,960 SF
Class
B
Year Built
1994
Buildings
10
Stories
1
Lot Size (sq. ft)
218,236 SF

Location Insight

City
Perrysburg
County
Wood
State
Ohio
Latitude
41.539442
Longitude
-83.638075
900 South Boundary St, Perrysburg, Ohio

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900 South Boundary St
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