341 Graff Road SENew Philadelphia, OH 44663

341 Graff Road SENew Philadelphia, OH 44663

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$2,400,000 Active
Commercial - Business MLS 5203080

Listed By

Agency Name: Kaufman Realty & Auction, LLC.
Agency Contact: steph.reiser@kaufmanrealty.com, 330-243-0076

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Prime Multi-Tenant Investment Opportunity High Visibility Location! Outstanding multi-tenant commercial investment property located at 341 Graff Rd SE, New Philadelphia, Ohio, positioned in one of the area's most highly trafficked corridors. This property benefits from a direct line of sight to US Route 250, with an impressive daily traffic count exceeding 20,000 vehicles, offering exceptional exposure and visibility for tenants. Strategically situated near major retail, dining, and service hubs, this location serves as a key commercial artery for New Philadelphia, making it highly desirable for long-term tenancy and continued growth. Easy access to primary roadways further enhances convenience for both customers and employees. The building is fully leased with two established, long-term tenants, both of whom recently renewed their lease agreements, Aspen Dental 9-year lease at $8,000/month U.S. Military Service Branch 5-year lease at $4,007/month, currently undergoing a $40,000 interior renovation, adding further value to the asset Tenants are responsible for their own utilities, offering a favorable expense structure for ownership. Recent maintenance and property care further enhance the investment, including a furnace that is on an active maintenance plan, a roof that was inspected and serviced within the past year, and a parking lot that was professionally resealed last year. This is a rare opportunity to acquire a well-located, income-producing asset with strong national/regional tenants in a high-demand commercial area.

341 Graff Road SE | MLS# 5203080

This commercial property located at 341 Graff Road SE, New Philadelphia, OH 44663 is currently listed for sale with an asking price of $2,400,000. Graff Road SE is located within the New Philadelphia City school district. Search New Philadelphia real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Gas
Lot Size: 0.72 Acres
Stories: 1.0
Taxes: $19,369 / year
Year Built: 2007

Feature Descriptions

Parcel#: 4307587005
Parking: Asphalt, On Site, Parking Lot
Sewer: Public Sewer
Units: 2
Water: Public

Local Schools

School District: New Philadelphia City

Demographics

Tuscarawas County Demographic Information for 341 Graff Road SE, New Philadelphia, OH 44663
Fips
Fips Code 39157
Population
2020 to 2025 Change down 1.0%
2010 Count 92,582
2020 Count 93,263
2025 Estimate (V2025) 92,373
2020 Estimate (V2025) 93,265
Age Distribution (Years Old)
0 to 4 5.6%
5 to 17 23.3%
18 to 64 50.2%
65 and Older 20.9%
Gender
Male 50.0%
Female 50.0%
Place of Birth
Foreign 2.3%
US 97.7%
Education
High School Graduate, Age 25+ 88.9%
Bachelor's Degree or Higher, Age 25+ 19.8%
Computer and Internet use
Households with a computer 90.4%
Households with a broadband Internet subscription 85.3%
Language
English is Second Language, Age 5+ 8.8%
English is First Language, Age 5+ 91.2%
Veterans
Veterans 4,779
Income
Per Capita Income $33,617
Median Household Income $65,044
People in Poverty 11.3%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 40,861
Households 38,492
Average Household Size 2.37
Owner-Occupied 68.9%
Multi-Family 14.9%
Owner-Occupied Median Value $185,400
Median selected monthly owner costs -with a mortgage $1,321
Median selected monthly owner costs -without a mortgage $499
Median gross rent $908
Building Permits
New Private Housing Issued 2024 70
Years at Residence
1 Year or More 89.5%
Less Than 1 Year 10.5%
Business and Employment
Private non-farm Establishments 2,098
Private non-farm Employment 31,958
Private non-farm Employment Growth down 0.5%
Nonemployer Establishments 6,882
Number of Firms 1,793
Business Production
Value of Shipments $2,639,690,000
Wholesale Trade $526,500,000
Retail Trade $1,194,721,000
Retail Sales Per Capita $12,774
Accommodation and Food Services $135,590,000
Land
Land Area 567.64 sq. miles
Population Per Square Mile 164

Source: US Census Bureau