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563 E Ohio AVE Rittman, OH 44270
2.7 Acres Lot
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5205499
HOA Y/N No
Year Built 2006
Annual Tax Amount $8,699
Tax Year 2025
Lot Size 2.698 Acres
Acres 2.698
Property Sub-Type Other
Property Description
Auction on-site and online Thursday, June 11th. Bidding Starts at 5:00PM EST. Open house Tuesday, June 2nd from 4:00PM to 7:00PM EST. This well-maintained self-storage facility offers 122 total units with a strong, functional mix, including 2 (10x10), 40 (10x15), 26 (10x20), and 2 (10x30) units, along with 52 35x12 outdoor parking spaces ideal for boat, RV, and vehicle storage. The diverse unit mix supports multiple revenue streams and consistent demand, contributing to the property's strong in-place income.
The facility is fully secured with gated access, surveillance cameras, and on-site lighting, providing both tenant security and operational efficiency. Well maintained with minimal immediate capital needs, this asset offers stable cash flow with upside through rental increases and occupancy optimization. Located in Rittman, the property benefits from a key competitive advantage, as the city currently has a moratorium restricting new self-storage development. This barrier to entry helps limit future competition and supports long-term occupancy and rent growth, making it an attractive investment opportunity.
The facility is fully secured with gated access, surveillance cameras, and on-site lighting, providing both tenant security and operational efficiency. Well maintained with minimal immediate capital needs, this asset offers stable cash flow with upside through rental increases and occupancy optimization. Located in Rittman, the property benefits from a key competitive advantage, as the city currently has a moratorium restricting new self-storage development. This barrier to entry helps limit future competition and supports long-term occupancy and rent growth, making it an attractive investment opportunity.
Location
State OH
County Wayne
Interior
Heating None
Cooling None
Fireplace No
Exterior
Fence Fenced, Gate
Utilities Available Sewer Not Available, Water Not Available
Water Access Desc None
Roof Type Aluminum
Building
Sewer None
Water None
Schools
School District Rittman Evsd - 8507
Others
Tax ID 63-01006.002
Special Listing Condition Auction
Listed by Kim Lewis • Home Equity Realty Group • charles.lewis@heqrealty.com, 440-539-4864
NEARBY SCHOOL & BUSINESS
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