617- 619 5th St, Defiance, OH 43512

$269,900
4
BA

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Property Description

Multi-tenant commercial building with established income. Unit 1 is the Recruiting Office with secure entrance, common lobby area, and 2 restrooms. The lobby area leads to four finished government office suites, each with multi-room layouts. The government lease gives an investor bank-friendly income with the option to renew or reposition in a few years. Next is an Insurance Office suite with reception, 3 offices, 2 storage areas, and a private restroom. The current month-to-month professional tenant adds income while giving the new owner future flexibility. Last is a large shop/garage area with restroom and sink on a shot term lease. Updates include a recently installed rubber roof, new steel siding, and newer rooftop AC units. On street parking is available as well as a separate parcel (included in the sale price) located nearby on Perry St for lease required parking. Specific income, expense, and lease details are available to serious inquiries. Showings require advance notice to protect tenant operations. No unannounced visits please.

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Listing courtesy of Listing Agent: Curt William Sigg (curt@nwohiohomes.com) from Listing Office: Northwest Real Estate Services.