341 Graff Road SE, New Philadelphia, OH 44663

$2,200,000

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List Price
$2,200,000
Status
ACTIVE
Days on Market
102
Price Change
▼ $200,000 1782149442
MLS#
5203080
Subtype
Commercial Sale
Year Built
2007
Acres
0.72
MLS Area Major
New Philadelphia

Property Description

Prime Multi-Tenant Investment Opportunity – High Visibility Location! Outstanding multi-tenant commercial investment property located at 341 Graff Rd SE, New Philadelphia, Ohio, positioned in one of the area’s most highly trafficked corridors. This property benefits from a direct line of sight to US Route 250, with an impressive daily traffic count exceeding 20,000 vehicles, offering exceptional exposure and visibility for tenants. Strategically situated near major retail, dining, and service hubs, this location serves as a key commercial artery for New Philadelphia, making it highly desirable for long-term tenancy and continued growth. Easy access to primary roadways further enhances convenience for both customers and employees. The building is fully leased with two established, long-term tenants, both of whom recently renewed their lease agreements, Aspen Dental – 9-year lease at $8,000/month U.S. Military Service Branch – 5-year lease at $4,007/month, currently undergoing a $40,000 interior renovation, adding further value to the asset Tenants are responsible for their own utilities, offering a favorable expense structure for ownership. Recent maintenance and property care further enhance the investment, including a furnace that is on an active maintenance plan, a roof that was inspected and serviced within the past year, and a parking lot that was professionally resealed last year. This is a rare opportunity to acquire a well-located, income-producing asset with strong national/regional tenants in a high-demand commercial area.

Additional Information

Taxes
$19,369
Zoning
Commercial
Heating
Gas
Air Conditioning
Central Air
Stories
1
Levels
One
Parking Features
Asphalt, On Site, Parking Lot
School District
New Philadelphia CSD - 7906

Listing Courtesy of: Stephanie Reiser, steph.reiser@kaufmanrealty.com With Kaufman Realty & Auction, LLC.

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