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--

Monthly Estimate*

$ 3,479

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Commercial Property for sale in Norwalk, OH

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

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.

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Commercial Active

Price

$ 565,000

Property Type

Commercial

Taxes

$ 6,607

Style

Lot Size

0.759

Year Built

1981

Town/City

Norwalk

County/Region

Huron

MLS | Web ID

5187939

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Central Air
Possession Other
Roof Rubber
Year Built 1981
Stories Count 1
Township Norwalk
Levels One
Property Subtype Office
Tax Year 2025
County Huron
Property Type Commercial Sale
Attached Garage false
Subdivision Name Executive Estates Ph 1
Building Features Private Restrooms
Status Active
Directions US RTE 250 N to Executive Drive
City Norwalk
High School District Norwalk CSD - 3904
Lot Size Units Acres
Tax Annual Amount 6607
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Norwalk CSD - 3904
Elementary School District Norwalk CSD - 3904
Year Built Source Public Records
Property Sub Type Additional Office
Legal Description INLOT 4710
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Interior
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Direct Access
Water Source Public
Total Parking 36
Lot Size Area 0.759
Building Area Total 6107
Lot Size Acres 0.759
Lot Size Source Assessor
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* Excluded Features
List By
Frank Van Dresser

Listing Agent

Re/Max Quality Realty

Broker

FVDteam@gmail.com

Email

Affordability Calculator

$4,029
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,479
Monthly Property Taxes
$551
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
4458931 Elementary School
4458977 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$565,000 Listed Price

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34 Executive Drive, Norwalk, OH, 44857 is a Commercial Property for sale at $565,000 with 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