31 S Ludlow Road new

Urbana,OH 43078

$ 695000

- Bed

0 Bath

10000 SqFt


Key Details

Property Type Commercial

Sub Type Automotive

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $69

MLS Listing ID 225036690

Year Built 1974

Annual Tax Amount $5,304

Lot Size 1.000 Acres

Property Sub-Type Automotive

Property Description

Commercial property with multiple potential uses, including auto sales/service, RV operations, distribution, retail, office, or trades. Located on a corner lot with approx. 450' of frontage on US-36 and 280' on S. Ludlow, the site offers strong visibility and access. The property features a 1-acre paved lot with ample parking and comprises two parcels. Total acreage is 2.155.

The main building provides 10,000± sq. ft. with 2 deluxe office suites (one with a full bath, one with a half bath), 5 additional offices, 2 showrooms (25'x48' and 30'x40'), a 30'x40' loft/lounge, and a 40'x60' repair shop with five 12' doors and 2 car lifts. A secondary 30'x125' building includes 6 overhead doors (five at 8' and one at 10') and is divided into 3 sections with electric; the middle section is heated and has water. Suitable for storage, shop space, or expansion.

The location is 7 miles to Rt 56/161, 18 miles to I-70, and 30 miles to I-75, with direct access to Springfield (15 mi), Marysville (25 mi), Dayton (35 mi), and Columbus (45 mi).

Sq. Ft. Lease Rate: $8.79 per sq. ft. based on 8,196 square feet. $6,000 per month (Modified Net Lease) - landlord covers real estate taxes only. Seller would like a minimum 1-year lease.

Location

State OH

County Champaign

Area 1.0

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Equipment No

Laundry No Laundry Rooms

Others

Acceptable Financing Conventional

Listing Terms Conventional

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