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Wadsworth, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Wadsworth, New York Market population: 22K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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📊 Average Cap Rate For Wadsworth OH Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Avg Property Tax Rate For Wadsworth OH Properties: 1.5400%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF

Investor Questions For Wadsworth OH

Common questions from investors exploring commercial real estate in Wadsworth OH.

What is the overall investment potential of Wadsworth, OH, considering its demographic and economic factors? +
Wadsworth, OH presents a stable investment market, with a median household income of $57,539, a relatively low poverty rate of 7.5%, and a high health insurance coverage rate of 94.3%, indicating a strong and stable workforce. The top industries, including Wholesale Trade and Finance & Insurance, contribute to the local economy's diversity. Additionally, the average commute time of 22.6 minutes and high homeownership rate of 69.4% suggest a desirable quality of life for residents.
How does the ethnic diversity and industry mix in Wadsworth, OH impact the demand for real estate investments? +
The ethnic diversity in Wadsworth, OH, with a majority of White (48.6%) and White Non-Hispanic (48.3%) populations, combined with the top industries of Wholesale Trade, Finance & Insurance, and Information, creates a demand for housing that caters to a stable and employed population. The median property value of $159,200 and median property taxes of $5,877 also indicate a relatively affordable housing market, making it attractive for both homeowners and renters.
What are the key factors that contribute to the quality of life in Wadsworth, OH, and how do they impact real estate investment decisions? +
The quality of life in Wadsworth, OH is influenced by factors such as the average commute time of 22.6 minutes, which is relatively short, and the high health insurance coverage rate of 94.3%, indicating access to quality healthcare. The top commute methods, including driving alone and working from home, also suggest flexibility and convenience for residents. These factors contribute to a stable and desirable living environment, making it an attractive location for real estate investments.
How does the poverty rate and income inequality in Wadsworth, OH affect the tenant quality and potential for real estate investments? +
The relatively low poverty rate of 7.5% in Wadsworth, OH, combined with a median household income of $57,539 and a GINI coefficient of 0.392, suggests a relatively stable and employed population. The high health insurance coverage rate of 94.3% also indicates access to quality healthcare, which can contribute to a higher quality of tenant. These factors, along with the affordable housing market, make Wadsworth, OH an attractive location for real estate investments, particularly for rental properties.
What role do the top industries and employment rate play in determining the potential for real estate investments in Wadsworth, OH? +
The top industries in Wadsworth, OH, including Wholesale Trade, Finance & Insurance, and Information, contribute to a diverse and stable local economy. The employed population of 10,069 and median household income of $57,539 also indicate a strong workforce. These factors, combined with the relatively low poverty rate and high health insurance coverage rate, suggest a high potential for real estate investments, particularly in the rental market, as a stable and employed population is more likely to rent or buy properties.

Wadsworth OH Real Estate & City Facts

Key facts and real estate information about Wadsworth OH.

What are some of the best neighborhoods to live in Wadsworth? +
Some of the best neighborhoods to live in Wadsworth include Partridge Dr, Great Oaks, and Park Place. These neighborhoods are known for being peaceful, family-friendly, and having beautiful homes. According to AreaVibes, the most desired areas tend to be in the east parts of the city, while more affordable homes are in the central regions.
What are some fun things to do in Wadsworth? +
There are plenty of fun things to do in Wadsworth, such as visiting Filia Cellars, Wadsworth Brewing Company, and William Hromy Antiques. You can also check out the Grizzly Arcade, Just Eat the Cookie, and Quaint. If you're looking for outdoor activities, you can visit East Park or Seiberling Nature Realm. Additionally, you can catch a free concert in East Park or explore the many one-of-a-kind shops and coffee houses in the area.
What is the food scene like in Wadsworth? +
The food scene in Wadsworth is diverse and delicious. Some popular restaurants include Galaxy Restaurant, GetGo Café, Gionino's Pizzeria, and Great Oaks Tavern. You can also try Vue, which serves amazing deviled eggs and salmon. If you're in the mood for something unique, you can check out Caravan House, Wolf Creek Tavern, or 24 Karrot Kitchen. There are also plenty of great food trucks and casual dining options available.
What are the pros and cons of living in Wadsworth? +
The pros of living in Wadsworth include its peaceful and family-friendly neighborhoods, affordable homes, and plenty of outdoor activities. However, some cons include the limited number of job opportunities and the need for a car to get around. Additionally, some residents have noted that Wadsworth can be a bit quiet and lacks the excitement of larger cities. Overall, Wadsworth is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Wadsworth a good place to live? +
Wadsworth is a great place to live for those who value a peaceful and family-friendly community. With its affordable homes, plenty of outdoor activities, and delicious food scene, Wadsworth has something to offer for everyone. While it may not be the best fit for those who crave the excitement of city life, Wadsworth is an excellent choice for families, retirees, and anyone looking for a relaxed and close-knit community. As one resident noted, Wadsworth is a place where you can 'meander through the many one-of-a-kind shops, coffee houses, bakeries, and more, or catch a free concert in East Park' - it's a great place to call home.
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