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2340 Detroit Ave

12,690 SF 77% Leased Office Building Maumee, OH 43537 $950,000 ($75/SF) 7.99% Cap Rate

Medical Offices Ohio Maumee 2340 Detroit Ave, Maumee, OH 43537

Investment Highlights

  • New HVAC units, 3-year-old roof, newer windows
  • Wheelchair accessible ramp & elevator
  • Full sets of building and elevator plans
  • Access to Detroit Avenue and River Road.

Executive Summary

Built in 1974 this 12,690 square foot Office property is very good condition and has a 7.99% CAP rate. Tenants include regional, national, and local businesses. The building features ADA complaint entrance and elevator. An ample parking lot is accessible from both Detroit Ave and River Rd. The property has new HVAC units, newer windows, and the roof was replaced 3 years ago.

Attachments

Sale Brochure

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,690 SF
Building Class
C
Year Built
1974
Price
$950,000
Price Per SF
$75
Cap Rate
7.99%
NOI
$75,880
Percent Leased
77%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,230 SF
Building FAR
0.42
Land Acres
0.69 AC
Zoning
C-1 - General Commercial
Parking
44 Spaces (3.47 Spaces per 1,000 SF Leased)

Amenities

  • Property Manager on Site
  • Security System
  • Signage
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PROPERTY TAXES

Parcel Number 36-20707 Improvements Assessment $165,690
Land Assessment $19,425 Total Assessment $185,115

PROPERTY TAXES

Parcel Number
36-20707
Land Assessment
$19,425
Improvements Assessment
$165,690
Total Assessment
$185,115
(419) 249-7070

  • Listing ID: 26900422

  • Date on Market: 10/20/2022

  • Last Updated:

  • Address: 2340 Detroit Ave, Maumee, OH 43537

More public record information on 2340 Detroit Ave, Maumee, OH 43537

The Office Property at 2340 Detroit Ave, Maumee, OH 43537 is currently available For Sale. Contact Signature Associates for more information.

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2340 Detroit Ave
(419) 249-7070 x

2340 Detroit Ave

1/2

Zack Liber

(419) 249-7070

(419) 249-7070

Keenan Fields

(419) 249-6311

(419) 249-6311

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