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I finally understood why my dad's old warehouse in Akron was such a headache to sell

Last month, I was dealing with a stubborn wasp nest under a client's deck and it hit me. The problem wasn't just the nest, it was the whole rotted wood structure it was attached to. That made me think about my dad's old 12,000 sq ft industrial building we sold three years ago. We spent months trying to sell it as a 'turnkey' space, but every buyer backed out after the inspection. The real issue was the outdated electrical system, not the price or location. We should have just paid the $40k to upgrade it first. Anyone else have a property where fixing one big flaw first would have made the whole deal smoother?
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3 Comments
rivera.keith
A 12,000 sq ft building with knob-and-tube wiring? That's wild, lmao. I thought my uncle had it bad when he was trying to unload a old car repair shop in Cleveland with a cracked concrete floor that was leaking oil into the ground. @alice991, you mentioned plumbing, and that honestly sounds like a nightmare with old cast iron pipes. But a full electrical rewire for a building that size must have been a total mess, especially if it still had those old fuse boxes. Seriously, how did you even get buyers to look at it before fixing that?
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wendy_murphy16
Honestly, we had the same thing with an old roof on a commercial spot. Just replacing it first saved us a ton of hassle later.
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alice991
alice9912mo ago
Totally get that, @wendy_murphy16. We redid the plumbing first.
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