22
Towne Square Arts and Business 125 S Main St, Fostoria, OH 44830 Allan Meyette Ilink Real Estate Co.LLC 517 Mettabrook Dr,Swanton, OH 43558 [email protected] (419) 367-2486

Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

  • Upload
    others

  • View
    2

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Towne Square Arts and Business125 S Main St, Fostoria, OH 44830

Allan MeyetteIlink Real Estate Co.LLC517 Mettabrook Dr,Swanton, OH [email protected](419) 367-2486

Page 2: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Price: $350,000

Property Type: Office

Property Sub-type: Loft/Creative Space

Building Class: C

Sale Type: Investment

Cap Rate: 6.29%

Lot Size: 0.13 AC

Rentable Building Area: 26,648 SF

Rentable Building Area: 26,648 SF

No. Stories: 4

Year Built: 1932

Tenancy: Multiple

Zoning Description: Commercial

APN / Parcel ID: P51030947080000

Walk Score ®: 64 (Somewhat Walkable)

Towne Square Arts andBusiness$350,000

Solid masonry brick and marble with terrazzo floors,marble in entrance and bank lobby. Full service 5 floorelevator. New four 400 AMP services one for each floor.HVAC 1999 all rooms have forced air over hot/coldwater most efficient comfort for all tenants. Coolingsystem two 30 ton compressors with 60 ton evaporatoron roof. Heating four 175,000 btu efficient boilers -usually one heats whole building. Computercontrolled....

Historical 4 story bank building solid brick and marble.Completely remodeled in 1999 with four (one 400 amp 3phase to each floor), 60 tons of AC and 7000,00 btu ofavailable high efficiency heating throughout the facilityand in every room and suite multiple air handlers forextreme comfort delivered by a closed water system.New rubber roof and HVAC. HVAC and elevator servicedregularly. There are a total...

Bank was known to have been robbed by John

Dillinger in 1934. Bank currently used as a banquethall. 10 current tenants with space for more.

Long term tenants lease on month to month basis.

Page 3: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Major Tenant Information

Tenant SF Occupied Lease Expired

Fostoria Arts Council 1,200 March 2023

Hoover Law and Title 1,200 February 2022

Moseka Records 1,100 January 2025

Page 4: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

125 S Main St, Fostoria, OH 44830

Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service 5 floorelevator. New four 400 AMP services one for each floor. HVAC 1999 all rooms have forced air over hot/coldwater most efficient comfort for all tenants. Cooling system two 30 ton compressors with 60 ton evaporator onroof. Heating four 175,000 btu efficient boilers - usually one heats whole building. Computer controlled. 10suites fully remodeled with full occupancy. New rubber roof. HVAC and elevator all serviced working 100% Toomany offices to show in pictures. 9 bathrooms including handicapped accessible. Full basement with tiledrestrooms and kitchenette. Green space across the street. Property qualifies as a Historical Site.

Page 5: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

Front door to elevator

lots of marble

Page 6: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

Dillinger Article

Bank entrance/marble staircase

Page 7: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

Bank lobby

Teller counters to the right

Page 8: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

4P0A3382

4P0A3384

Page 9: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

Safe

inside safe/500 safety deposit boxes with keys

Page 10: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

bank office

bank office

Page 11: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

historic bathroom

office rented

Page 12: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

office rented

music studio

Page 13: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

music studio

office rented

Page 14: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

office rented

office rented

Page 15: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

office rented

Photo studio lobby

Page 16: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

Photo studio lobby

photo studio

Page 17: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

second floor

third floor vacant lobby

Page 18: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

multiple offices available off lobby

vacant office

Page 19: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

vacant office

vacant office

Page 20: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

hallway

another music lobby

Page 21: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

music studio

Mechanicals

Page 22: Towne Square Arts and Business - LoopNet...Towne Square Arts and Business $350,000 Solid masonry brick and marble with terrazzo floors, marble in entrance and bank lobby. Full service

Property Photos

Computerized High Efficiency Heating