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629 Arabella St - 1918 Building - Arabella Belle

120,000 SF Specialty Building Offered For Sale in Defiance, OH 43512

Investment Highlights

  • Adaptive Reuse Renovations for Multiple Commercial uses.
  • Historic Architecture
  • Library Space
  • Gymnasium
  • Overlooking Downtown Defiance

Executive Summary

Former School Building with Major Historic Appeal.
Located in the heart of a revitalized historic business district in downtown Defiance
The "Arabella Belle" AKA the "1918 Building" has been preserved with original hardwood floors, magnificent window views, and large open stair cases lined with carved detail.
The Community Auditorium adjacent to the property is owned and maintained by Defiance City Schools. The venue draws crowds for concerts, performances, and plays presented by local schools and various community groups.
Many opportunities for redevelopment; A Boutique Hotel or Upscale Apartments or Condominiums, Restaurant/Bar, Café, Collaborative Workspace, Education Center, Event/Venue Space utilizing the gym floor and surrounding area.

Property Facts

Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
Property Type Specialty
Property Subtype Schools
Building Class B
Lot Size 6.80 AC
Building Size 120,000 SF
No. Stories 3
Year Built 1918
Parking Ratio 0.57/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B01-1022-0-001-00
Land Assessment
$8,600
Improvements Assessment
$93,470
Total Assessment
$102,070

zoning

Zoning Code S-1
S-1
  • Listing ID: 27162974

  • Date on Market: 11/21/2022

  • Last Updated:

  • Address: 629 Arabella St, Defiance, OH 43512

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