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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.

Agent 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!

Key Features

  • Built in 1998
  • 0.81 acre lot
  • 35 parking spaces

Property Details

35 spaces
1998

Monthly Cost Estimate

$9,092/mo

20% down · 6.5% · 30 years

Principal$1,229
Interest$7,367
Insurance$496

Estimates only. Actual payments may vary.

Location

37111 Euclid Avenue

Willoughby, OH 44094

Hamann Indust Park Sub

Property Details

Heating

Forced Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 37111 Euclid Avenue is listed at $1,700,000. The estimated monthly payment is $7,367 based on 20% down at 6.5% interest.

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 or geoffdelgrosso@gmail.com.

GD

Geoffrey DelGrosso

Agent at Keller Williams Greater Cleveland Northeast

(440) 462-9577

Listed by Keller Williams Greater Cleveland Northeast

MLS# 5087351· Source: listhub· Updated 549 days ago

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37111 Euclid Avenue, Willoughby, OH 44094

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