1605 State Road
1605 State Road Vermilion, Ohio 44089 United States

$6,000,000
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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...
Listing Courtesy of Hoty Enterprises, Inc.
$6,000,000
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59,461 Sq Ft.
Interior
10.8638 Acres
Exterior
Commercial
Property type
1994
Year Built
4404887
Web Id
4404887
MLS ID
Vermillion Sec 1
Subdivision
Vermilion Local
School District
9
days ago

About 1605 State Road

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.

Listing Courtesy of Hoty Enterprises, Inc.

PROPERTY INFORMATION

Parking Description
OnSite, Private
Sewer
PublicSewer
Water
Public

EXTERIOR

Roofing
Asphalt, Fiberglass, Metal
Listing Courtesy of Hoty Enterprises, Inc.
Listing Courtesy of Hoty Enterprises, Inc.
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