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Property Description

Rare opportunity to add this meticulously maintained retail/office asset, located in the heart of Willoughby, Oh business district, to your portfolio. Situated directly across the street from a newly constructed national grocery, this 11,000+sqft property boasts nine units, occupied by six well established tenants and a newly signed lease from a current tenant. Most leases are in place through 2027. Plenty of room for improvement as current rents are at the low end of market, and can be transitioned into NNN leases. The majority of high ticket Capital Expenditures have already been done in the last five years with; new roof in 2022, new HVAC units from 2017-2021, New front supports in 2023, parking lot in 2021. These opportunities do not come available very often in Willoughby! Add to your portfolio today!

Features
: Forced Air
: Public Sewer
35
Address Map
OH
Lake
Willoughby
44094
Euclid
37111
Avenue
W82° 34' 44.6''
N41° 37' 45.6''
West on rt 20 from downtown Willoughby. East on rt 20 from State Route 91 and State Route 20 intersection
Property Details
Keller Williams Greater Cleveland Northeast
Geoffrey DelGrosso
11,250 Sqft
2020002251
9097
27-A-014-B-00-024-0
: Public
2023
03/12/2024 14:43:30
No
No
No
No

37111 Euclid Avenue, Willoughby, Ohio 44094

Commercial Sale For Sale

0.81 Acre
$2,200,000
Listing ID #5087351
Basic Details
Property Type : Commercial Sale
Property Sub Type : Retail
Listing Type : For Sale
Listing ID : 5087351
Price : $2,200,000
Year Built : 1998
Lot Area : 0.81 Acre
Status : Active
Subdivision Location : Hamann Indust Park Sub
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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