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2461-2489 Bauman Drive Wooster, OH 44691

Updated Expiration Date

March 31st, 2023

March 31st, 2027

Updated CAP Rate

8.73%

9.17%

Acreage
+/- 4.06
(On 3 Parcels)

3 Buildings Totaling
+/- 20,056
Square Feet

Asking Price
$550,000

Zoned
I-2 General Industrial

Taxes
$8,283.96 / Year
(On 3 Parcels)

Status
Under Contract

Property Description

Investment opportunity with 9.17% average CAP rate. Chemviron’s current lease expires March 31st, 2027. Lessee pays Real Estate Taxes, Utilities, and Insurance. See OM for more information.

This property contains three separate structures including an office building, a shop building/service garage, and a warehouse. On the first floor of the office building there are three entrances, nine private offices, spacious lobby and reception area, and a conference room.The building also has a second floor which has additional private offices. The shop building/ service garage is heated and has three garage doors and one wash bay. All three garage doors are 14 feet tall by 16 feet wide. The warehouse is over 4,000 square feet with one dock door and one ground level door. The parking lot for heavy trucks has ten electric plugs to heat trucks during winter months. The property is easily accessible from multiple major routeways.

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Jack Gant
Broker
C: (330) 465-7692
jgant@gant-realty.com

Trevor Gant
Sales Associate
C: (330) 466-9355
tgant@gant-realty.com

246 W. Liberty Street
 Wooster, OH 44691

Disclaimer: Although information contained herein has been obtained from sources deemed reliable, neither Donald K Gant Realty nor any of its clients makes any guarantees or representations, express or implied, as to the completeness or accuracy of such information. Any projections, opinions, assumptions or estimates used are for example only. Neither Donald K Gant Realty nor any of its clients accepts any liability for loss resulting from reliance on such information. There may be material differences between projected results and actual results.