2 story 4-unit office & service complex fully leased with increment rent increases built in. One tenant currently occupying 3 of the 4 suites. Hair salon is a long-time tenant. Current gross rents approximately $36,290 annually. Sale includes adjacent .24-acre parking lot. 3 total parcels.
At the corner of Tracy & McNerney, stands an impressive commercial building that commands attention w/ its modern design & practical layout. Just minutes from I-75 w/ easy access. This structure includes up to 14,134 SF of building space. Past uses have included approx. 2,670 SF of shop space & remaining as office. Floors have 5” reinforced concrete, overhead door, floor drains throughout, 20amp/30amp power drops available. Parking lot includes 40 spaces. Includes a second parcel M50-812-310000075000 in Wood County for total of 4.28 acres. Being offered for sale and/or for lease. Agent owned.
The median home value in Northwood, OH is $265,000. This is higher than the county median home value of $207,700. The national median home value is $338,100. The average price of homes sold in Northwood, OH is $265,000. Approximately 71.91% of Northwood homes are owned, compared to 22.68% rented, while 5.41% are vacant. Northwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Northwood real estate agent to arrange a tour today!
Northwood, Ohio has a population of 5,195. Northwood is less family-centric than the surrounding county with 24.79% of the households containing married families with children. The county average for households married with children is 31.31%.
The median household income in Northwood, Ohio is $72,434. The median household income for the surrounding county is $66,337 compared to the national median of $69,021. The median age of people living in Northwood is 42.6 years.
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 33.9 inches per year, with 29.5 inches of snow per year.