34 Executive Drive Norwalk, OH $ 565,000
34 Executive Drive
$ 565,000
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34 Executive Drive

Norwalk, OH, 44857
$ 565,000
Bedrooms-- Baths-- Sq 6,107

Monthly Estimate*

$ 3,479

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Commercial Property for sale in Norwalk, OH

for $565,000. This 6,107 square foot building was built in 1981 on a lot size of 0.759.

EXCELLENT INVESTMENT OPPORTUNITY - 12%+ CAP RATEPrime Medical/Office Building | Norwalk's South SidePositioned 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 RateThe 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 structureTenant responsibilities: Taxes, Insurance, UtilitiesLandlord responsibilities: Maintenance/Repair of Building, HVAC, Common Areas Stable, long-term tenancy with renewal optionStrategic Regional LocationConveniently 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.

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Commercial Active

Price

$ 565,000

Property Type

Commercial

Taxes

$ 6,290

Style

Office

Lot Size

0.759

Year Built

1981

Town/City

Norwalk

County/Region

Huron

MLS | Web ID

20260481

Features
General
Sewer Public Sewer
Possession TBD
Roof Rubber
Year Built 1981
Stories Count 1
Age 0
Property Subtype Office
Tax Year 2025
Auction No
County Huron
Property Type Commercial Sale
Subdivision Name Executive Estates Ph 1
Close Price 0.00
Status Active
Directions US RTE 250 N to Executive Drive
City Norwalk
Zoning Description B-1
MLS Area N/A
Lot Size Units Acres
Lot Size Square Feet 33062.00
Availability Date 1800-01-01
Legal Description INLOT 4710
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Exterior
Water Source Public
Total Parking 36.00
Frontage 255' Approximately
Flood Plan Unknown
Exterior Construction Brick
Lot Size Acres 0.7590
Waterfront Y/N No
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Interior
Restrooms Yes
Electricity ON
3/4 Baths 0
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Internal Only
Street Number 1 34
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* Excluded Features
List By
Frank Van Dresser, Jr.

Listing Agent

Re/Max Quality Realty - Norwal

Broker

(419) 660-1907

Phone

Affordability Calculator

$4,003
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,479
Monthly Property Taxes
$524
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1272019 Elementary School
1271802 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$565,000 Listed Price

Map


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34 Executive Drive, Norwalk, OH, 44857 is a Commercial Property for sale at $565,000 with 6,107 sqft and a lot size of 0.759. 34 Executive Drive was built in 1981. The property's zip code is 44857 which is in Norwalk, OH