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342 West Ave 134,000 SF Industrial Building Tallmadge, OH 44278 $5,204,898 CAD ($38.84 CAD/SF)
Investment Highlights
- ESFR Sprinklers in Hi-Bay Area
- Property includes 5 parcels
- Ceiling Ht. 11'7" - 12' - 25'9"
Executive Summary
A ±134,000-square-foot manufacturing and distribution facility situated on 21.459 acres, this two-level property offers a highly efficient layout connected by a 6,000-lb freight elevator. The main level totals ±35,340 SF and includes ±11,200 SF of air-conditioned office and showroom space alongside ±24,100 SF of warehouse/storage. The lower level comprises ±98,534 SF of warehouse and manufacturing area, including ±24,500 SF of high-bay warehouse with 25’9” clear height and an ESFR fire suppression system. The fully sprinklered facility is equipped with 11 truck docks, two drive-in overhead doors, and robust power at 600 amps, 480/277V, three-phase. Ample exterior improvements provide parking for 100+ vehicles, making the property well suited for manufacturing, warehousing, or distribution operations requiring strong loading, clear height, and utility infrastructure.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$86,022
|
$0.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$86,022
|
$0.64
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $86,022 |
| Annual Per SF | $0.64 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $86,022 |
| Annual Per SF | $0.64 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $5,204,898 CAD | Rentable Building Area | 134,000 SF |
| Price Per SF | $38.84 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1953/2003 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 0.75/1,000 SF |
| Building Class | B | No. Dock-High Doors/Loading | 11 |
| Lot Size | 21.45 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | I-1 - I-1 Industrial R-3 (Rear 12+AC) | ||
| Price | $5,204,898 CAD |
| Price Per SF | $38.84 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 21.45 AC |
| Rentable Building Area | 134,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1953/2003 |
| Tenancy | Single |
| Parking Ratio | 0.75/1,000 SF |
| No. Dock-High Doors/Loading | 11 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I-1 - I-1 Industrial R-3 (Rear 12+AC) |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 60-09407 | Improvements Assessment | $797,988 CAD (2025) |
| Land Assessment | $257,147 CAD (2025) | Total Assessment | $1,055,135 CAD (2025) |
Property Taxes
Parcel Number
60-09407
Land Assessment
$257,147 CAD (2025)
Improvements Assessment
$797,988 CAD (2025)
Total Assessment
$1,055,135 CAD (2025)
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