1605 State Road, Vermilion, OH 44089
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Comments for 1605 State Road, Vermilion, OH 44089
Vineyard Square Plaza shopping center and warehouses for sale on SR 60 in Vermilion. Cap rate 6.75% at 5% vacancy. Actual occupancy is 100%. Retail: 29,261 SF. Flex Space: 30,200 SF. 98% occupancy. Tenants include Mercy Health (48% of retail income, 32% of overall Income). Site approval for 6,000 SF of additional flex space. Owner, developer and a current tenant (Prete Builders) are related parties. Tenant is willing to sign a 3-year master lease, assignable. Sale includes two Erie County Parcels: 1200083002 and 1200083005.
$6,000,000.00
Estimated Monthly Payment: $26,933.94 (including taxes & insurance estimates)
Edit mortgage details for a more accurate paymentProperty Details
| City: Vermilion | Property Type: Commercial - Retail | |
| Subdivision: Vermillion Sec 1 | Lot Size: 10.86 Acres | |
| Taxes: / year | Status: Active | |
| Square Feet: 59461 | Year Built: 1994 | |
| MLS#: 4404887 |
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| Property Type: Commercial - Retail | Roof Type: Asphalt, Fiberglass, Metal | |
| Days on Market: 209 | Sewer: Public Sewer | |
| Lot Dimensions: | Stories: 1.0 | |
| Lot Size: 10.86 Acres | Taxes: / year | |
| Parcel#: 12-00083-002 | Water: Public | |
| Parking: On Site, Private | Year Built: 1994 |
Listed By
Agency Name: Hoty Enterprises, Inc.
Agency Phone: (419) 609-7000
Shown By
Agency Title: Berkshire Hathaway HomeServices Simon & Salhany Realty
Agency Phone:
Berkshire Hathaway HomeServices Simon & Salhany Realty
205 W. Portage Trail Ext.Cuyahoga Falls, OH 44223 (330) 929-0707
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