970 Oakwood AveNapoleon, OH 43545

Property Details for 970 Oakwood Ave

Year built

1946

Lot size

0.41 AC

Property type

Office properties

Property subtype

Office buildings

APN

41-130016.0000

APU

411300160000

Description

This exceptional commercial property at 970 Oakwood Avenue, Unit 970, Napoleon, OH, presents a rare investment opportunity. The 0.41-acre lot features two buildings, offering significant versatility and income potential. Both buildings boast recently updated siding, roofs, and overhead doors, minimizing immediate maintenance needs. The front building, ideal for retail or office space, currently commands a monthly rental income of $700. Its adaptable layout makes it suitable for a variety of businesses. The rear building, currently leased for $650 per month, is perfectly suited for a contractor, storage facility, or similar use. Its robust construction and ample space provide significant operational flexibility. The property also benefits from extensive customer parking, ensuring convenient access for tenants and patrons. This dual-building property offers a compelling combination of immediate rental income and long-term growth potential, making it an attractive investment for discerning buyers. The property is priced at $130,000 and presents a strong return on investment. The current rental income provides a solid foundation for future growth and profitability. Don't miss this chance to acquire a well-maintained, income-generating commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,090,970

  6.5%

  $2,853,202

  7%

  $2,649,402

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,423,829

  Geo Method

  $1,423,829

• Alternative Use

  Use

  Valuation

  Residential

  $3,537,971

  Hospitality

  $3,240,762

  Educational

  $2,696,276

  Medical

  $2,789,006

  Retail

  $4,194,208

Location Insight

City

Napoleon

County

Henry

State

Ohio

Latitude

41.3953

Longitude

-84.1246

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].