Industrial Property for Sale in Montville, OH

  • Price: $800K
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Montville, OH 44064
  • Size: 20,800 SF
  • Year built: 1976

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. Most tenants month to month which allows for maximum buyer flexibility -New owner can occupy or renegotiate leases to the current market rate -Currrently 11% owner-occupied with no rent income from that space Building SF: 20800 | Land Size: 2.98 Ac | Year Built: 1976 | Listing Type: FOR SALE

Market Context

This industrial in Montville, OH is listed for sale at $800,000 across 20,800 SF. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1976. It has been on the market for 4 days. Compare it against other industrial listings for sale in Montville, OH — <a href="/search/sale/industrial/ohio/montville">view the full market</a>.

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