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$ 1,550,000
Est. payment /mo
Active
24945 Detroit RD Westlake, OH 44145
1.61 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Westhill Estates 02
MLS Listing ID 5216123
HOA Y/N No
Year Built 1939
Annual Tax Amount $18,626
Tax Year 2025
Lot Size 1.610 Acres
Acres 1.61
Property Sub-Type Mixed Use
Property Description
1.6 ACRE PRIME LOCATION!!! Fantastic mixed use investment property or re-develop.
Currently 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. Building is fully sprinkled
Currently 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. Building is fully sprinkled
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Parking Lot
Water Access Desc Public
Present Use Mixed Use
Total Parking Spaces 108
Building
Sewer Public Sewer
Water Public
Schools
School District Westlake Csd - 1832
Others
Tax ID 213-24-002
Special Listing Condition Standard
Listed by Steve Kuri • W.W. Reed And Son • 330-673-5838, jhunt@wwreed.com
NEARBY SCHOOL & BUSINESS
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