130 S Main St, Bowling Green, OH 43402
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130 S Main St, Bowling Green, OH 43402
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10 parking spaces on the west side of the alley will be added and are included with the sale.
Numerous municipal and on street parking options available.
Ideal low-cost location for general office use – accountant, attorney, insurance agent, etc.
Convenient to BGSU campus and downtown businesses.
Former main branch for Huntington Bank. The building has the potential for keycard access.
Surplus space available in the basement.
Main level and front courtyard space could present an opportunity for restaurant use with outside dining.
Tenant responsible for suite electric, suite janitorial, phone and internet service and liability insurance.
Some of the tenants have occupied the building for decades under a sublease arrangement with Huntington National Bank. There are no financial service and/or banking restrictions on the property.
The Huntington National Bank lease expires 12/31/2020. The City of Bowling Green had the foresight to acquire the LLC that owns the building to protect the fate of the Chamber of Commerce, Special Improvement District, and Bowling Green Community Development Foundation, along with the BG Convention & Visitors Bureau. Their space could be condensed to provide additional opportunities on the main floor. Furthermore, the entire basement could be renovated and utilized.
It is in the best interest of the City of Bowling Green to evaluate all Purchaser candidate proposals, especially if a Purchaser candidate proposed to retain the community-oriented tenants and also the existing and oftentimes, long-standing tenants that have become a part of the Downtown Bowling Green business community. The seller/City would not consider it an unreasonable request for tenants to pay increased rent and an increased allocation of the operating expenses.
Purchaser candidates should attempt to present a plan revealing to the Seller their intentions for the building, along with the fate of the existing tenants. Needless to say, price is a factor; however, City Council and the City Administration will weigh heavily community impact.
