Waterville, Ohio Commercial Real Estate 3 Listings
Waterville, Ohio: A Premier Destination for Commercial Real Estate
Introduction
Waterville, Ohio, is an emerging hub for commercial real estate (CRE) opportunities. Known for its strategic location in Northwest Ohio, Waterville offers a unique blend of small-town charm and robust economic potential. The city's economy is primarily driven by manufacturing, logistics, and healthcare sectors, making it an attractive destination for investors and developers. With its growing population and proximity to major transportation routes, Waterville stands out as a key player in the regional CRE market.
Economic and Industry Overview
Waterville's economic landscape is characterized by its strong manufacturing base, with numerous facilities specializing in automotive parts and advanced manufacturing. The healthcare sector also plays a significant role, with several medical centers contributing to the demand for office and medical space. The city's economic development is supported by regional initiatives spearheaded by the Toledo Regional Chamber of Commerce and the Ohio Economic Development Association, which provide resources and incentives for businesses looking to expand or relocate.
Strategic Location and Transportation Infrastructure
Waterville benefits from its proximity to major highways such as US Route 24 and Interstate 475, providing seamless connectivity to Toledo and other significant markets in the Midwest. The city's location offers logistical advantages, with access to the Toledo Express Airport and the nearby Port of Toledo, enhancing distribution capabilities. Rail lines operated by major freight carriers further bolster Waterville's position as a logistics hub. For more details, visit the Ohio Department of Transportation.
Commercial Real Estate Inventory & Zoning
Waterville's commercial real estate market is diverse, featuring industrial corridors, retail spaces, and emerging innovation districts. Notable submarkets include the Downtown Business District and the Waterville Industrial Park. Recent zoning changes have introduced mixed-use overlays, encouraging the development of integrated live-work-play environments. Developers can explore zoning maps and parcel viewers through the City of Waterville's Planning and Zoning Department.
Major Employers and Institutions
The city's CRE demand is driven by major employers such as the automotive parts manufacturer Dana Incorporated and healthcare providers like ProMedica. Waterville's proximity to the University of Toledo and Bowling Green State University adds to the demand for research and office spaces. For a comprehensive list of employers, visit the Waterville Economic Development Corporation.
Notable Commercial Developments & Projects
Waterville is home to several significant development projects, including the Waterville Landing mixed-use development and the planned expansion of the Towne Center at Waterville. These projects highlight the city's commitment to public-private partnerships and the development of Opportunity Zones. More information can be found on the Waterville Planning Department's website.
Building Permits, Planning, and Development Tools
For developers and investors, Waterville offers a range of resources for planning and permitting. Access the City of Waterville's Building and Safety Department for permit applications, or use the GIS Parcel Map Viewer for detailed property information. The city's Development Code is available online for reference.
Market Data & Economic Reports
Public data sets from census.gov and the City of Waterville's Open Data Portal provide valuable insights into the local market. Brevitas aggregates this data with internal insights to create AI-powered dashboards that offer real-time market analysis. Explore Brevitas' Waterville city search for detailed CRE insights.
Why Use Brevitas for Waterville, Ohio CRE?
Brevitas offers unparalleled tools for CRE professionals, including AI-driven property discovery, real-time market alerts, and smart property pages. Our platform supports dealroom collaboration and integrates seamlessly with brokers and developers. With exclusive listings and premium exposure, Brevitas is the ideal choice for navigating Waterville's dynamic commercial real estate landscape. Discover how Brevitas can enhance your CRE strategy in Waterville, Ohio.
Waterville, OH - Former Rite Aid
