Commercial Real Estate for Sale at 24945 Detroit Road in Westlake, OH for $1,550,000

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24945 Detroit Road | Westlake

$1,550,000 | 0.0 Sq. Ft.

1.6 ACRE PRIME LOCATION!!! Fantastic mixed use investment property or re-develop.\r\nCurrently there are 4 tenants giving you a 7% CAP rate , and additionally there is a value-add by also renting the warehouse and the basement space. On the exterior there are two cargo doors for the warehouse space. (10x10 and 8x10), and approx 108 parking spots. Being near the corner of Detroit and Columbia also gives this property easy access to I-90. MLSNow 5216123 Directions to property: Near the intersection of Detroit and Columbia

MLS Listing ID: 
MLSNow 5216123
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,550,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Mixed Use
Primary Market Area: 
Westlake
Address: 
24945 Detroit Road, Westlake, OH 44145
County: 
Cuyahoga
Latitude: 
41.4701290
Longitude: 
-81.8965900
Directions: 
Near the intersection of Detroit and Columbia
Public Remarks: 
1.6 ACRE PRIME LOCATION!!! Fantastic mixed use investment property or re-develop.\r\nCurrently there are 4 tenants giving you a 7% CAP rate , and additionally there is a value-add by also renting the warehouse and the basement space. On the exterior there are two cargo doors for the warehouse space. (10x10 and 8x10), and approx 108 parking spots. Being near the corner of Detroit and Columbia also gives this property easy access to I-90.
Community Information
School District: 
Westlake CSD - 1832
Subdivision: 
Westhill Estates 02
Building Details
Details about the building on a property.
Year Built: 
1939
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.61
Lot Size (Area): 
1.61
Lot Features
Parking Type: 
Parking Lot
Total Parking Spaces: 
108
Public Record
Parcel Number: 
213-24-002
Annual Tax: 
$18,626.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
W.W. Reed And Son

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