392 Howard StWillard, OH 44890

Property Details for 392 Howard St

Year built

1966

Lot size

0.41 AC

Property size (Sq ft)

1,628 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

51-0340-04-054-0000

APU

510340040540000

Description

This meticulously maintained 1628-square-foot office building, formerly the Huron County Health Center, presents a fantastic investment opportunity in Willard, Ohio. Recently renovated, the property boasts brand new flooring, ceilings, electrical and plumbing systems, windows, and doors. The front office area has been completely updated, and exam rooms feature new vanities and sinks. Modernization extends to the installation of new internet wiring and a generator for reliable power. Exterior improvements include a newly constructed concrete walkway surrounding the building, and a freshly paved blacktop entrance and parking lot. The interior layout is highly functional, comprising a spacious waiting room/lobby, a dedicated secretarial area, nine individual offices/exam rooms, and three full bathrooms. A partially finished basement offers additional space, including a break room and a half-bath. This turnkey property is ready for immediate occupancy and offers significant potential for a variety of commercial uses. Note that there is an existing easement granting access to the adjacent Ebert Dental Group. The property is conveniently located at 392 E Howard Street.

• CAP approach

  CAP return

  Valuation

  6%

  $306,635

  6.5%

  $283,048

  7%

  $262,830

• Comparable approach

  Method

  Valuation

  Relative Method

  $152,283

  Geo Method

  $152,283

• Alternative Use

  Use

  Valuation

  Residential

  $350,979

  Hospitality

  $321,495

  Educational

  $267,480

  Medical

  $276,679

  Retail

  $416,080

Location Insight

City

Willard

County

Huron

State

Ohio

Latitude

41.0484

Longitude

-82.7169

CBSA code

35940

CBSA name

NORWALK, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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