Property photo 1
15 photos
ActiveMLS# 5087351597 days on market

$1,700,000

37111 Euclid Avenue

Willoughby, OH 44094

0 BD|0 BA|11,250 SQFT|$151.11/sqft

About This Property

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!

Property Details

Property TypeCommercial
Year Built1998
Lot Size35,284 sqft
Price / Sqft$151.11
Days on Market597
MLS Number5087351

Noreen Kaseda

Sales Associate

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Est. Monthly Payment

$10,225

P&I: $8,596 | Tax: $1,204 | Insurance: $425

$1,700,000
%
%
Loan Amount$1,360,000
Down Payment$340,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

37111 Euclid Avenue, Willoughby, OH 44094

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