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Listed price in listed location currency (USD).
$1,320,000
$1,400,000

000

MLS® 4497616

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size 11670 sqft
Garage No
Maintenance Fees 
Taxes $22,880
Approx. Age 1988
Avg. Price Per Sqft $119
MLS® Number 4497616

Property Address: 11630 Chillicothe Rd, Chesterland, OH, 44026-1915

Average square foot calculated using Size range provided by listing agent.

Description

Don't miss this opportunity to own a fully occupied 6 acre prime corner commercial property, in the heart of Chesterland, with plenty of room for expansion! See supplements for a list of over $225k in updates over the last 3 years as well as lease agreements and P&L's. Nothing left to do, but take in cash flow with a 9.75 Cap Rate! The building offers 11, 670 sq ft and an additional outbuilding with 1, 800 sq ft of warehouse space with 3 garage doors. The office building is currently divided by 3 companies, grossing approximately $15, 300/month. The main building provides plenty of office space, several training/conference rooms, 2 kitchen areas, laundry, a large open meeting area with new epoxy coated floors, a back dock level loading door, and two sets of shared bathrooms. Separate entryways for all 3 businesses. Tenants are responsible for gas, electric, cable/internet, and one tenant currently pays all of trash bill. Owner responsible for property insurance, landscaping/snowplowing and any septic/well expenses. The building has magnetic keypad doors with a tracking system, and is surrounded with security cameras that stay (monitored by owner via app) and tons of new LED lights both interior and exterior. Plenty of private parking for staff and guests. Schedule a showing today!
MLS® Number4497616
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1988
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Jan 31, 2024End Date
$1,320,000Sold Price

Sold

Oct 17, 2023List Date
$1,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
11630 Chillicothe Rd, Chesterland, OH

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