Listed by Signature Associates
$600,000
1238 Conant Street
Details
APN 36-01394; 43164026
Property Type Retail, Office
Sub Type Medical Office, Commercial
Square Footage 7,176
Net Rentable (SqFt) 7,176
Units 2
Tenancy Vacant
Lease Type NNN
Lease Options second renewal option
Year Built 1950
Stories 1
Acreage 0.623
Zoning C-2
Parking Spaces 29 spaces
Parking Per SqFt 4.04
Retail | 7,176 SqFt
Investment highlights
- Located in the heart of Maumee along Conant Street, between Timbers Bowling Alley and Honda East.
- Two-unit building.
- 3,512 square foot former Bloom Medical Marijuana Dispensary. Recently built out for previous use. Plumbing and electrical wiring were updated when space was renovated. Unit includes security system, dispensary area with cabinetry and countertop areas, IT room with supplemental mini split unit, 2 in suite restrooms, waiting rooms, reception area, multiple offices, break room, shop, garage bay with one 9'11" X 9' overhead door.
- 3,300 SF occupied by Ridge Engine Machine Repair. Ridge is on its second renewal option, which expires April 30, 2028. Tenant pays $1,650/month NNN (NNN = $4.50/SF). All FF&E belong to the tenant. Unit includes sales counter area, restroom, office and garage with two overhead doors, 8'X14' and 9'X10’.
- Seller occupies a small 622 square foot garage bay which is adjacent to Ridge leased unit.
- .54 miles to US-24, 2.19 miles to I-475/US-23.
- Both HVAC roof units and all ductwork was updated when space was renovated.
- https://vimeo.com/1143135940?share=copy&fl=sv&fe=ci
Listing Contacts
Listed by Signature Associates
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