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Historic Old Bank Building For Sale
Location: United States -> Ohio -> Fostoria Seneca County
Industry: Real Estate > Other Real Estate




Business Summary

Up for sale is this fantastic well maintained absolutely fabulous piece of real estate located in the heart of downtown Fostoria just across the street from the courthouse and police station. 125 South Main St. Fostoria, Ohio 44830. The building formerly ''The First National Bank of Fostoria'' has been a show place built back in the late 1920's with lots of marble and brass and an elegant environment. The foyer has marble floor and the walls and opens to a 40 by 46 lobby. The lobby ceiling is 2 stories high with brass lighting. At the rear of the lobby is a large steel Mosler vault with a 40'' by 7 ft. massive door. The vault is also lined with lock boxes all in working order with keys. The first floor boasts prime offices and included with first floor lease is a penthouse master office suite in rear over looking the bank interior. On the Mezzanine and upper floors are prime offices that are serviced by an elevator and marble staircases. A 44 by 123 ft. masonry 4 story building with a partially finished basement and newer HVAC system supplying heating and cooling to every finished room in the facility. The building has a wonderful history along with being robbed by Dillinger back in the 30's. Fantastic executive suites all throughout. We have ten tenants leased suites 100% occupied. 26 car paved parking lot with guardhouse. Possible lease arrangements for financial institution or upscale business in the bankquet room. We are now operating the bank lobby as bankquethall. Email or call at 1-419-894-6393 or 419-619-8822 for more information on this bank building I would lik to sell. $295,000.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $60,000
Cash Flow:   $250,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $300,000
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Wanting to retire.

Photos

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Historic Old Bank Building For Sale Photo 1 Historic Old Bank Building For Sale Photo 2 Historic Old Bank Building For Sale Photo 3




Click on the "Contact Seller" button for more information on this Real Estate > Other Real Estate business for sale.
Print Listing Id: 700145274
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