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$ 2,400,000
Est. payment | /mo
0.72 Acres Lot
$ 2,400,000
Est. payment | /mo
0.72 Acres Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5203080
HOA Y/N No
Year Built 2007
Annual Tax Amount $19,369
Tax Year 2025
Lot Size 0.724 Acres
Acres 0.724
Property Sub-Type Business
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.
Location
State OH
County Tuscarawas
Interior
Heating Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Asphalt, On Site, Parking Lot
Water Access Desc Public
Present Use Medical/Dental,Office
Building
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District New Philadelphia Csd - 7906
Others
Tax ID 4307587005
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Stephanie Reiser • Kaufman Realty & Auction, LLC. • steph.reiser@kaufmanrealty.com, 330-243-0076
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