34 Executive Drive, Norwalk, OH 44857 (MLS # 5187939)

Price $565,000
Status Active
Size 6,107 sqft
Lot Size 33,063 sqft
Days on Market 2
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.
Property Type(s): Commercial
Last Updated 2/20/2026 Tract Executive Estates Ph 1
Year Built 1981 County Huron

Additional Details

AIR Central Air
AIR CONDITIONING Yes
HEAT Forced Air, Natural Gas
INTERIOR PrivateRestrooms
LOT 0.759 acre(s)
PARKING Direct Access
SEWER Public Sewer
STORIES 1
SUBDIVISION Executive Estates Ph 1
TAXES 6607
WATER Public

Location

 

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Listing provided by: Frank Van Dresser | 419-663-3536, RE/MAX Quality Realty, 419-663-3536, ellencoffman@remax.net

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Ben Schafer Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).

Listing information is deemed reliable, but not guaranteed.

Data Last Updated: 2/21/26 12:17 AM PST


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