USAOHNorwalkExecutive Estates Ph 134 Executive Dr
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$565,000

Sold

4 months ago

34 Executive Dr, Norwalk, OH

House

MLS® 5187939

Buyer represented by Frank Van Dresser of RE/MAX Quality Realty

0 Bed

0 Bath

--

36 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage 
Taxes $6,607
Lot Size 
Approx. Age 1981
MLS® Number 5187939

Property Address: 34 Executive Dr, Norwalk, OH, 44857-2490

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number5187939
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1981
Basement
DrivewayDirect Access
Garage Spaces
HeatForced Air, Gas
A/CCentral Air

Extras

Price History

Apr 23, 2026End Date
$565,000Sold Price

Sold

Feb 20, 2026List Date
$565,000List Price
  • Commute

Commute

Starting Address
Destination Address
34 Executive Dr, Norwalk, OH

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