249 Milan AveNorwalk, OH 44857

  • Retail properties
  • 4,020 SF
For Sale
$499,000 View listing

Property Details for 249 Milan Ave

Year built
1954
Lot size
0.89 AC
Property size (Sq ft)
4,020 SF
Property type
Retail properties
Property subtype
Other automotive properties
APN
33-012B-01-004-0100
APU
33012B010040100

Description

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.

249 Milan Ave, Norwalk, Ohio
Leaflet | © OpenStreetMap contributors

Location Insight

City
Norwalk
County
Huron
State
Ohio
Latitude
41.2629
Longitude
-82.6117
CBSA code
35940
CBSA name
NORWALK, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,347
$24,920
$42,110
$67,030
-
$71,200
$120,300
$191,500

FAQs

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