Former Drug Store - 14,564 SF on 1.83 Acres

Highlights:

• 14,564 Sf Free-standing Building
• Modern Construction From 2007
• Flexible Space for Diverse Retail Concepts
• Strategic Location in the Thriving Paulding Area
• Ample Parking for Customer Convenience
• High Visibility for Maximum Exposure
• Versatile Layout to Accommodate Various Retail Needs
• Well-maintained Exterior and Interior
• Proximity to Major Roads and Thoroughfares
• Ideal for Establishing a Prominent Retail Presence
• Excellent Investment Opportunity in a Vibrant Community

Description:

Introducing a prime investment opportunity in the heart of Paulding, OH. This impressive 14,564 square foot free-standing building, constructed in 2007, offers a versatile space for retail ventures. Boasting a strategic location in the thriving Paulding area, the property presents an ideal canvas for ambitious retail investors. With its modern construction and ample space, this building is primed for success and poised to accommodate a wide range of retail concepts. Seize the opportunity to establish a thriving retail presence in this vibrant community with the exceptional potential offered by this superb property.

The village of Paulding, Ohio is a warm and welcoming community of 3,600 residents, as well as the seat of Paulding County, Ohio. The city is located at the intersection of US Highway 127 & State Route 111 and the terminus of State Route 500. Paulding is largely a bedroom community, with most residents commuting to nearby communities and working industrial jobs. The largest employer within the town is the Paulding County Health System, which features its primary health facility - the Paulding County Hospital. The subject property is situated nicely within the town, taking advantage of Williams Street as the primary retail thoroughfare in Paulding. The site shares the intersection with a McDonald’s property, 2 gas stations, and a First Federal Bank branch. Other recognized retailers in the immediate area

include Advance Auto Parts, Chief Supermarkets, Dairy Queen, ALCO, Ace Hardware, Subway, and a Chevrolet Dealership. Rite Aid formerly operated in a shopping center within Paulding and relocated to this hard corner on Williams St to improve sales - showcasing Rite Aid’s dedication to this market. The Dairy Queen at 1101 N Williams Street was recently remodeled and updated by the tenant.
While Paulding County does not feature a large population, its location in Western Ohio makes it just a short drive to Fort Wayne, Indiana - a city with a population exceeding 250,000. The city’s economy is primarily based in manufacturing, education, insurance, health care, logistics, and defense and security. Fort Wayne is host to General Electric, Magnavox, Westinghouse, International Harvester, and many more large employers.