1019 Tiffin AveFindlay, OH 45840

Property Details for 1019 Tiffin Ave

Year built

1973

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.47 AC

Property size (Sq ft)

480 SF

Property type

Retail properties

Property subtype

Retail space

APN

570001008032

APU

570001008032

Description

This exceptional commercial property, situated at 1019 Tiffin Avenue, Unit 1019, Findlay, Ohio, presents a unique investment opportunity. Boasting a highly desirable location on a main thoroughfare, this completely remodeled building offers immediate occupancy for a variety of businesses. The 30x15 foot structure has undergone a comprehensive renovation, including a new roof, updated electrical and plumbing systems, and the installation of a modern central heating and air conditioning system, as well as a new water heater. The property includes two bathrooms, a significant advantage for many commercial uses. Currently, nine parking spaces are available, with an additional six spaces to become available upon the removal of an existing food truck. The 0.43-acre lot provides ample space for customer parking and potential future expansion. This turnkey property is ready for immediate operation, offering a rare chance to establish a business in a high-traffic area of Findlay, Ohio. The property's central location on Tiffin Avenue ensures high visibility and accessibility for customers. Don't miss this opportunity to own a thriving commercial space in a prime Findlay location. The asking price is $339,900.

• CAP approach

  CAP return

  Valuation

  6%

  $97,718

  6.5%

  $90,201

  7%

  $83,758

• Comparable approach

  Method

  Valuation

  Relative Method

  $113,146

  Geo Method

  $113,146

• Alternative Use

  Use

  Valuation

  Residential

  $76,088

  Hospitality

  $69,696

  Educational

  $57,986

  Medical

  $59,980

  Retail

  $90,201

Location Insight

City

Findlay

County

Hancock

State

Ohio

Latitude

41.0483

Longitude

-83.6315

CBSA code

22300

CBSA name

FINDLAY, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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