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3249 Coral Rd 2,911 SF Office Building Malvern, OH 44644 $834,593 CAD ($286.70 CAD/SF)
Investment Highlights
- 2,240 SF Owner-User Commercial Building
- Prime Hard Corner at SR 43 & Coral Road
- 11' Overhead Door with 11'4" Clear Height
- 2.4 Acres with Room for Expansion
- Approx. 8,000 Vehicles Per Day
- Natural Gas, Well, Septic & Electric – Available Now
Executive Summary
Prime Hard Corner Commercial Property | 2,240 SF Building on 2.4 Acres | Owner-User Opportunity
Available Now! Rare opportunity to acquire a highly visible owner-user commercial property situated on a signalized hard corner at a major intersection in Malvern, Ohio. Located at the intersection of SR 43 and Coral Road, this property enjoys outstanding exposure with approximately 8,000 vehicles per day, making it an excellent location for businesses seeking maximum visibility and convenient access.
The property features a 2,240-square-foot commercial building situated on 2.4 acres, offering exceptional room for expansion, outdoor storage, additional buildings, parking, or future redevelopment.
The upper level provides flexible office, showroom, or retail space with an open floor plan, carpeting, and a full restroom. The lower level includes a large garage/workshop with an 11-foot overhead door, 11'-4" ceiling height, and a forced-air natural gas heating system, making it ideal for contractors, service businesses, warehousing, manufacturing, equipment storage, or light industrial operations.
Property utilities include:
Natural gas heat
Well water
Septic system
Electric service
This versatile property is well suited for a variety of commercial uses, including:
Contractor headquarters
Retail or showroom
Office
Service business
Warehouse
Distribution
Auto or equipment sales
Landscaping or construction company
Flex industrial
Storage and logistics
With 2.4 acres of land, outstanding corner visibility, easy access, and significant room for future growth, this property offers an excellent opportunity for an owner-user or investor looking to establish or expand a business in a highly visible location.
Available Now! Rare opportunity to acquire a highly visible owner-user commercial property situated on a signalized hard corner at a major intersection in Malvern, Ohio. Located at the intersection of SR 43 and Coral Road, this property enjoys outstanding exposure with approximately 8,000 vehicles per day, making it an excellent location for businesses seeking maximum visibility and convenient access.
The property features a 2,240-square-foot commercial building situated on 2.4 acres, offering exceptional room for expansion, outdoor storage, additional buildings, parking, or future redevelopment.
The upper level provides flexible office, showroom, or retail space with an open floor plan, carpeting, and a full restroom. The lower level includes a large garage/workshop with an 11-foot overhead door, 11'-4" ceiling height, and a forced-air natural gas heating system, making it ideal for contractors, service businesses, warehousing, manufacturing, equipment storage, or light industrial operations.
Property utilities include:
Natural gas heat
Well water
Septic system
Electric service
This versatile property is well suited for a variety of commercial uses, including:
Contractor headquarters
Retail or showroom
Office
Service business
Warehouse
Distribution
Auto or equipment sales
Landscaping or construction company
Flex industrial
Storage and logistics
With 2.4 acres of land, outstanding corner visibility, easy access, and significant room for future growth, this property offers an excellent opportunity for an owner-user or investor looking to establish or expand a business in a highly visible location.
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$13,587,350
|
$4,667.59
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,587,350
|
$4,667.59
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $13,587,350 |
| Annual Per SF | $4,667.59 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $13,587,350 |
| Annual Per SF | $4,667.59 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
2,911 SF
Building Class
C
Year Built
1953
Price
$834,593 CAD
Price Per SF
$286.70 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,911 SF
Building FAR
0.03
Lot Size
2.40 AC
Zoning
Commercial Mixed Use - Mixed-use zoning allows retail, office, warehouse, contractor, service, showroom, and other commercial uses, subject to local approval.
Parking
6 Spaces (2.06 Spaces per 1,000 SF Leased)
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 03-0001160.000 | Total Assessment | $49,435 CAD |
| Land Assessment | $17,472 CAD | Annual Taxes | $13,587,350 CAD ($4,667.59 CAD/SF) |
| Improvements Assessment | $31,963 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
03-0001160.000
Land Assessment
$17,472 CAD
Improvements Assessment
$31,963 CAD
Total Assessment
$49,435 CAD
Annual Taxes
$13,587,350 CAD ($4,667.59 CAD/SF)
Tax Year
2025
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3249 Coral Rd
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