37111 Euclid Avenue,Willoughby, OH 44094
Willoughby, OH 44094
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!
Details
| MLS # | 5087351 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1998 |
| Days On Site | 633 |
| Listing Provided By | Keller Williams Greater Cleveland Northeast | Geoffrey DelGrosso |
Features
| SQ Feet | 11,250 |
|---|---|
| Acreage | 0.81 |
Taxes
| Tax Annual Amount | 25215 |
|---|
Area Information
| State | OH |
|---|---|
| County | Lake |
| City | Willoughby |
| Zip Code | 44094 |
| Community Name | Hamann Indust Park Sub |
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Learn More About This Property
| State | OH |
|---|---|
| County | Lake |
| City | Willoughby |
| Zip Code | 44094 |
| Community Name | Hamann Indust Park Sub |