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Commercial Real Estate for Sale at 34 Executive Drive in Norwalk, OH for $565,000

Listing data last changed 02/21/2026 - 12:08am
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34 Executive Drive | Norwalk

$565,000 | 0.0 Sq. Ft.

EXCELLENT INVESTMENT OPPORTUNITY - 12%\u002B CAP RATE\r\nPrime Medical/Office Building | Norwalk\u0027s South Side\r\n\r\nPositioned in the highly desirable Executive Estates Subdivision on Norwalk\u0027s south side, this multi-unit medical/office building presents a rare opportunity for investors seeking strong cash flow and long-term stability.\r\n\r\n? Fully Leased to Top-Tier Single Tenant\r\n? Lease Commencing June 1, 2026\r\n? 5-Year Variable Index Lease Term\r\n? Additional 5-Year Renewal Option (Through May 2036)\r\n? 12%\u002B CAP Rate\r\n\r\nThe 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.\r\n\r\nLease Highlights:\r\n\r\nVariable index lease structure\r\n\r\nTenant responsibilities: Taxes, Insurance, Utilities\r\n\r\nLandlord responsibilities: Maintenance/Repair of Building, HVAC, Common Areas \r\n\r\nStable, long-term tenancy with renewal option\r\n\r\nStrategic Regional Location\r\nConveniently 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.\r\n\r\nThis is a turnkey investment opportunity offering strong returns, reliable tenancy, and long-term upsidean outstanding addition to any commercial real estate portfolio. MLSNow 5187939 Directions to property: US RTE 250 N to Executive Drive

MLS Listing ID: 
MLSNow 5187939
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$565,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Office
Primary Market Area: 
Norwalk
Address: 
34 Executive Drive, Norwalk, OH 44857
County: 
Huron
Latitude: 
41.2299030
Longitude: 
-82.5991150
Directions: 
US RTE 250 N to Executive Drive
Public Remarks: 
EXCELLENT INVESTMENT OPPORTUNITY - 12%\u002B CAP RATE\r\nPrime Medical/Office Building | Norwalk\u0027s South Side\r\n\r\nPositioned in the highly desirable Executive Estates Subdivision on Norwalk\u0027s south side, this multi-unit medical/office building presents a rare opportunity for investors seeking strong cash flow and long-term stability.\r\n\r\n? Fully Leased to Top-Tier Single Tenant\r\n? Lease Commencing June 1, 2026\r\n? 5-Year Variable Index Lease Term\r\n? Additional 5-Year Renewal Option (Through May 2036)\r\n? 12%\u002B CAP Rate\r\n\r\nThe 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.\r\n\r\nLease Highlights:\r\n\r\nVariable index lease structure\r\n\r\nTenant responsibilities: Taxes, Insurance, Utilities\r\n\r\nLandlord responsibilities: Maintenance/Repair of Building, HVAC, Common Areas \r\n\r\nStable, long-term tenancy with renewal option\r\n\r\nStrategic Regional Location\r\nConveniently 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.\r\n\r\nThis is a turnkey investment opportunity offering strong returns, reliable tenancy, and long-term upsidean outstanding addition to any commercial real estate portfolio.
Community Information
School District: 
Norwalk CSD - 3904
Subdivision: 
Executive Estates Ph 1
Building Details
Details about the building on a property.
Stories: 
1
Year Built: 
1981
Living Area: 
0.0
Construction
Roof: 
Rubber
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.76
Lot Size (Area): 
0.76
Lot Features
Parking Type: 
Direct Access
Total Parking Spaces: 
36
Public Record
Parcel Number: 
33-004B-01-024-2300
Annual Tax: 
$6,607.00
Contract Details
Details about the listing contract.
Possession: 
Other
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX Quality Realty

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