34 Executive DR, Norwalk, OH 44857
34 Executive DR, Norwalk, OH 44857
34 Executive DR, Norwalk, OH 44857
25
$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 5187939

Sold Date 05/28/26

HOA Y/N No

Year Built 1981

Annual Tax Amount $6,607

Tax Year 2025

Lot Size 0.759 Acres

Acres 0.759

Property Sub-Type Office

Stories One

Story One

Property Description

EXCELLENT INVESTMENT OPPORTUNITY - 12%+ CAP RATE
Prime Medical/Office Building | Norwalk's South Side

Positioned 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 Rate

The 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 structure

Tenant responsibilities: Taxes, Insurance, Utilities

Landlord responsibilities: Maintenance/Repair of Building, HVAC, Common Areas

Stable, long-term tenancy with renewal option

Strategic Regional Location
Conveniently 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 Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Direct Access

Water Access Desc Public

Roof Type Rubber

Total Parking Spaces 36

Building

Sewer Public Sewer

Water Public

Level or Stories One

Schools

School District Norwalk Csd - 3904

Others

Tax ID 33-004B-01-024-2300

Financing Conventional

Special Listing Condition Standard

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IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Frank Van Dresser • RE/MAX Quality Realty • 419-663-3536, ellencoffman@remax.net
Bought with Frank Van Dresser • RE/MAX Quality Realty

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Bob Jackson

Bob Jackson

Agent | OH & WV | License ID: 2012001434,WV0028109

+1(304) 280-1242

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