About This Home
This 0-bedroom, 0-bathroom commercial at 37111 Euclid Avenue in Willoughby, OH is listed for $1,700,000. Built in 1998, on a 0.81 acres lot.
Key Features
- Built in 1998
- 0.81 acre lot
- 35 parking spaces
Property Details
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!
Monthly Cost Estimate
$9,092/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
37111 Euclid Avenue
Willoughby, OH 44094
Hamann Indust Park Sub
Property Details
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 37111 Euclid Avenue is listed at $1,700,000. The estimated monthly payment is $9,092 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1998, 0.81 acre lot, 35 parking spaces.
This property is listed by Geoffrey DelGrosso and can be reached at 4404629577.
Geoffrey DelGrosso
License 2020002251Agent at Keller Williams Realty Greater Cleveland Northeast
(440) 462-9577