Listed by Howard Hanna Real Estate Services
$295,000
517 John St
Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 4,629
Year Built 1957
Acreage 1.075
Investment Type Owner/User
Dock High Doors 2
Industrial | 4,629 SqFt
Marketing description
517 John St. in Hillsboro, OH is a ±4,629 SF flex building
situated on 1.075 acres across five parcels. The property is
currently occupied by Hillsboro Tool Rental, and the business is
available for purchase separately with details provided upon
signing a non-disclosure agreement. Originally built in 1957
and well maintained with multiple updates- including a flat
rubber roof installed in 2020- the building includes ±4,029 SF of
functional space and a ±600 SF vacant residential apartment
that could be converted into office use. The lot features a
large, fenced outdoor storage area ideal for vehicles and
equipment, along with five paved customer parking spaces.
The building includes two overhead doors (8’ and 10’) with a
service bay on the side, a half bath in the warehouse, and a full
bath in the upstairs unit. It is equipped with 3-phase, 200-amp
electric service and central heating in the warehouse. One
parcel also includes a non-habitable house, offering potential
for redevelopment or added utility. Total property taxes for all
five parcels amount to $3,660.58 annually. Priced at $295,000,
this property offers strong value for both investors and
owner-users.
Investment highlights
- Parking: Large Fenced Lot Used for Parking and Equipment Storage + 5 Paved Customer Spots
- Electric: 3-Phase // 200 Amp Service
- OH & Dock Doors: 2 OH Doors 8’ and 10’ Service Bay on Side
- Roof: Flat Rubber Roof- 2020
- Taxes: $3,660.58 Annually For All 5 Parcels
- HVAC: 1 Full in Upstairs Unit, Only Central Heat in Warehouse
- 4,629 SF Flex Building
- 1.075 Acre Lot
- Fenced Lot for Storage/Vehicle Parking
- House on Property Included in Sale
- Business Also Available For Sale Separately
Listing Contacts
Listed by Howard Hanna Real Estate Services
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