$1,150,000

7560 Broadview Road, Cleveland, OH 44134

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

8,000 SF Suburban Retail Plaza Investment with Clear Value-Add Strategy located between Pleasant Valley & Broadview Rd Intersection and Meijer's. High Visibility along Broadview Rd and High-Traffic Shared Access Drive with Pleasant Valley Shopping Center. 3 Access Points, 1 signalized. 100% Occupied: 2 Tenants: $12 PSF on 6,800 SF & $18 PSF on 1,200 SF. Clear Future Value-Add Opportunity: dividing 6,800 SF Unit into many 1,200-2400 SF Units and taking rent from $12 PSF to market rent. High Residual Land Value: 100ft Frontage with Excess Land in Rear. Being offered at 8 cap on in-place rents. Well-maintained by original landlord since constructed.

Listing Status:
Active
Listing Office:
Berkshire Hathaway HomeServices Stouffer Realty : 330-835-4900
Listing Agent:
Luke Petros : 440-985-8580
MLS ID:
5165032
  • Basement: None
  • A/C: Multi Units
  • Heating: Forced AirGas
  • Parking: Additional ParkingOn SiteParking Lot
  • Roofing: AsphaltFiberglass
  • HOA Amenities: 6600.0
  • Originating MLS: NOWDD_NORM
  • School District: Parma CSD - 1824
  • County: Cuyahoga
  • Zoning: 30453-20-021
  • Current Use: Retail
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Luke Petros, Berkshire Hathaway HomeServices Stouffer Realty

Monthly Payment

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

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Location

Schools Nearby

H

Hillside Middle School

1 Educational Park Dr, Seven Hills, OH, 44131

Grades 5-7

0.70 miles away

H

Hillside Middle School

1 Educational Park Dr, Seven Hills, OH, 44131

Grades 5-7

0.70 miles away

N

Normandy High School

2500 W Pleasant Valley Rd, Cleveland, OH, 44134

Grades 8-12

0.76 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.