34 Executive DR, Norwalk, OH 44857
34 Executive DR, Norwalk, OH 44857
34 Executive DR, Norwalk, OH 44857
39
$565,000
$565,000
Est.Price: ?

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0.76 Acres Lot

34 Executive DR Norwalk, OH 44857

Est. payment /mo
SOLD DATE : 05/28/2026

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Key Details

Sold Price $565,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Executive Estates Ph 1

MLS Listing ID 20260481

Sold Date 05/28/26

HOA Y/N No

Year Built 1981

Annual Tax Amount $6,291

Tax Year 2025

Lot Size 0.759 Acres

Property Sub-Type Office

Property Description

EXCELLENT INVESTMENT OPPORTUNITY - 12%+ CAP RATEPrime Medical/Office Building | Norwalk's South SidePositioned in the highly desirable Executive Estates Subdivision on Norwalk's south side, this multi-unit medical/office building presents a rare opportunity for investors seeking strong cash flow and long-term stability.✔ Fully Leased to Top-Tier Single Tenant✔ Lease Commencing June 1, 2026✔ 5-Year Variable Index Lease Term✔ Additional 5-Year Renewal Option (Through May 2036)✔ 12%+ CAP RateThe property offers a functional and professional layout ideal for medical or professional office use. It has been well maintained and provides dependable income backed by a quality tenant.Lease Highlights:Variable index lease structureTenant responsibilities: Taxes, Insurance, UtilitiesLandlord responsibilities: Maintenance/Repair of Building, HVAC, Common Areas Stable, long-term tenancy with renewal optionStrategic Regional LocationConveniently situated within approximately one hour of Cleveland and Toledo, and under two hours from Columbus, this property benefits from excellent regional accessibility while serving the growing Norwalk market.This is a turnkey investment opportunity offering strong returns, reliable tenancy, and long-term upsidean outstanding addition to any commercial real estate portfolio.

Location

State OH

County Huron

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Exterior

Utilities Available Electricity Connected

Roof Type Rubber

Building

Story 1

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash

Listing Terms Cash

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Listed by Frank Van Dresser • RE/MAX Quality Realty - Norwalk

Nearby Locations

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John Barr

John Barr

Agent

+1(567) 280-2238

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