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36 Willow ST Rittman, OH 44270
7.03 Acres Lot
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Rittman
MLS Listing ID 5205498
HOA Y/N No
Year Built 2003
Annual Tax Amount $12,976
Tax Year 2025
Lot Size 7.029 Acres
Acres 7.029
Property Sub-Type Other
Property Description
Auction on-site and online Wednesday, June 17th. Bidding Starts at 5:00PM EST. Open house Monday, June 8th from 4:00PM to 7:00PM EST. This well-maintained self-storage investment opportunity in Rittman offers a diverse asset with multiple income streams. The property features 130 traditional storage units, including 4 (5x10), 8 (10x10), 88 (10x20), and 4 (10x40) units, along with 26 brand new climate-controlled units consisting of 3 (10x20), 7 (10x15), and 16 (10x10). The strong unit mix supports consistent demand and occupancy. In addition to standard residential storage, the property includes 8 commercial tenants totaling approximately 24,200 square feet, providing significant supplemental income. There are also ~40 outdoor parking spaces, adding further revenue potential for vehicle or equipment storage. The property is well maintained and supported by security features including surveillance cameras and on-site lighting. With strong in-place income and upside through rent increases and lease optimization, this asset offers stable cash flow and growth potential. Located in a market with a current moratorium restricting new self-storage development, the property benefits from reduced future competition, helping support long-term occupancy and rental stability.
Location
State OH
County Wayne
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Water Access Desc Public
Roof Type Aluminum
Building
Sewer Public Sewer
Water Public
Schools
School District Rittman Evsd - 8507
Others
Tax ID 63-03244-000
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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