9755 Plank Road, Montville, OH 44064

$800,000

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List Price
$800,000
Status
PENDING
Days on Market
75
MLS#
5214684
Subtype
Commercial Sale
Year Built
1976
Acres
2.98
Subdivision
Montville Sec 13
Neighborhood
Montville Sec 13
MLS Area Major
Montville Twp

Property Description

Prime Multi-Tenant Industrial Investment Opportunity in Montville Township! This highly functional industrial complex offers immediate stable cash flow with exceptional value-add potential. A diverse, income-producing asset featuring four massive drive-in bays (ranging from 900 to 7,800 SQFT) and 5,100 SQFT of dual-floor corporate office space. The property features a strong, diversified tenant mix with one large owner-occupied space that could be used for an additional tenant. Cap rate would be significantly increased by leasing the current owner-occupied space which is not producing any rent. Landlord overhead is kept exceptionally low: leases require tenants to manage their own interior HVAC/plumbing maintenance, while shared utilities are submetered or prorated. Zoning allows for many uses ranging from light industrial to commercial to specific retail businesses. Perfect for an investor looking for a low-management, inflation-resistant asset or an owner-user wanting future expansion space. Do not miss out on this dominant regional footprint—call today for the full offering memorandum, current cap rate, and rent rolls.

Additional Information

Taxes
$6,532
Heating
Forced Air
Air Conditioning
Central Air
Stories
2
Levels
Two
Parking Features
Aggregate, Asphalt, Common, Concrete
School District
Berkshire LSD - 2801

Listing Courtesy of: Rick Osborne, rick.osbornejr@kw.com With Keller Williams Greater Cleveland Northeast

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