$2,000,000

37111 Euclid Avenue, Willoughby, OH 44094

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1998
  • Property Lot Size Icon0.81acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 months ago

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!

Listing Status:
Active
Listing Office:
Keller Williams Greater Cleveland Northeast : 440-255-5500
Listing Agent:
Geoffrey DelGrosso : 440-462-9577
MLS ID:
5087351
  • Heating: Forced Air
  • Parking: Parking spaces: 35
  • Originating MLS: NOWDD
  • School District: Willoughby-Eastlake - 4309
  • County: Lake
  • Zoning: LOT 1 TRACT 14 PART OF BLOCK K27-A-014-B-00-024-0
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD

This listing courtesy of Geoffrey DelGrosso, Keller Williams Greater Cleveland Northeast

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Edison Elementary School

5288 Karen Isle Dr, Willoughby, OH, 44094

Grades KG-5

1.07 miles away

W

Willoughby Middle School

5000 Shankland Rd, Willoughby, OH, 44094

Grades 6-8

0.48 miles away

S

South High School

4900 Shankland Rd, Willoughby, OH, 44094

Grades 9-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.