318 Rae Court Willard, OH $ 2,500,000
318 Rae Court
$ 2,500,000
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318 Rae Court

Willard, OH, 44890
$ 2,500,000
Bedrooms-- Baths-- Sq 24,004

Monthly Estimate*

$ 15,785

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Commercial Property for sale in Willard, OH

for $2,500,000. This 24,004 square foot building was built in 1973 on a lot size of 3.05.

Expand your investment portfolio with this 36-unit apartment complex comprised of 13 buildings. 12 units currently being renovated with a waitlist for occupancy. The property includes 35 one-bedroom, one-bath units and one two-bedroom, one-bath unit, providing a proven unit mix in a strong rental market. Spacious grounds, convenient parking, and a location near schools, parks, shopping, and major services contribute to long-term tenant appeal. This is a rare opportunity to acquire a large multifamily asset with immediate income potential and the opportunity to increase value through continued management and future improvements. Schedule your showing today!

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Commercial Active

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 18,160

Style

Commercial

Lot Size

3.05

Year Built

1973

Town/City

Willard

County/Region

Huron

MLS | Web ID

20262925

Features
General
Sewer Public Sewer
Possession At Closing
Roof Composition
Zoning Residential
Year Built 1973
Stories Count 1
Age 0
Property Subtype Commercial
Tax Year 2025
Auction No
County Huron
Property Type Commercial Sale
Close Price 0.00
Status Active
Directions Take State Route 61 North and US-224 West to Rae Ct in Willard. Turn onto Rae Ct to reach the destination.
City Willard
MLS Area N/A
Lot Size Units Acres
Lot Size Square Feet 132858.00
Availability Date 1800-01-01
Legal Description SEC 3 LOT 49
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Exterior
Water Source Public
Total Parking 36.00
Flood Plan Unknown
Exterior Construction Brick
Lot Size Acres 3.0500
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 1 318
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* Excluded Features
List By
Deanna Fishbaugh

Listing Agent

Sluss Realty Company

Broker

(567) 224-7104

Phone

Affordability Calculator

$17,299
Per Month
91%
9%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
$1,513
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/28/2026$2,500,000 Listed Price

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318 Rae Court, Willard, OH, 44890 is a Commercial Property for sale at $2,500,000 with 24,004 sqft and a lot size of 3.05. 318 Rae Court was built in 1973. The property's zip code is 44890 which is in Willard, OH