Retail•Free Standing•For Sale

10 W Auglaize St

10 West Auglaize Street, Wapakoneta, Ohio 45895

Sale Price $365,000 ($16.28 /SqFt)
Sale Type Investment
Zoning commercial
Bldg Type Owner-User
Class C
Status Existing
Year Built 1900
Year Renovated 2014
Stories 3
Total Avail 23,000 SqFt
Land Area .25 Acres
Avail Parking 2/1000SqFt
Parcel# B07-002-033-00
Perfect 23,000 sq ft Travertine Marble faced turn key office facility, ready to occupy and use. This building offers 4 1/2 floors with elevator access to floors B, 1st, 2nd, and 3rd. The elevator has lockout functions for different floors. There are a total of 3 bank vaults with over 1000 sq foot, combined. The owner will complete numerous planned updates, renovations, etc at the discretion of the buyer for full price. A lower purchase price can be negotiated with a reduction in planned updates, renovations or "as is". Take advantage of this historic, downtown multi-million dollar building with its rich history and add your future to its story. LEVEL B-Offers riverside parking, back entry into the basement level with many areas for office space/storage, three bathrooms, two staircase accesses, 800 amp 3 phase electrical panel, internet panel for the entire building, and elevator. This level also has an incredibly large functioning concrete-walled Bank Vault with a combination door. LEVEL 1- Main street entrance to the showroom with marble-like floors, two large modern chandeliers, high open ceilings, tons of floor space with glass-walled offices looking out to the river, one bathroom, large janitor closet with fire control panel, and 2nd large functioning bank vault. Also there is stair access to a hidden office overlooking the river with a large functioning bank vault and bathroom w/ shower. LEVEL 2- Features many offices with moveable cubicles (these remain with the building), two bathrooms, internet, a beautiful library with built-in shelving, heating/cooling room, large flat access overlooking river that would be a great remodeled sitting area. LEVEL 3- Many offices, one bathroom w/ shower, and small kitchenette with roof access. One office was previously used as a call center so it is equipped with many outlets. History: 1970's- Helmsetter Construction invested into a remodel of combining two buildings into one. 1989- 5th 3rd Bank purchased the building for $1.2 million. They operated the main branch there until 2011 and rented the basement, 1st floor, and 2nd floor to 3 different business entities; Health Care, Red Cross, and a Law Firm. 2014- The Concrete Protector purchased the building. They invested in the heating system, lowering the average operation costs by 30-40%. They also invested $20K in the elevator, added security systems, motion detectors, cameras, key fob entry on both front and rear doors (all app-controlled). The 2 x 2 drop ceilings was added along with new flooring. To update this incredible space $500k was invested in the property, plus 4 years of labor. The Concrete Protector outgrew building and purchased a 38,000 sq ft former school building to combine warehousing and offices into 1 facility. 2019-Wapakoneta City is investing in burying all power lines, laying new asphalt in the rear parking lot, removing concrete and adding natural stone walkway along the river, and removing houses to add new parks along the north side. They are also adding a live outdoor amphitheater at the southwest corner. of the river.
  • Located in the "Heart" of a very active, vibrant, "classic downtown area"
  • It is isolated enough to house private offices
  • Handicapped accessible from the front and rear entrances
  • The property will be enhanced with the completion of the "River Front Renovations"
10/23/2019 12:00:00 AM 10/24/2019 4:02:35 PM
Kristina Wagoner
The Concrete Protector
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