$1,900,000 25701 North Lakeland Blvd Euclid, OH

MLS: 3916002   Type: Commercial   County: Cuyahoga   City: Euclid   Neighborhood: Euclid 19   Zip: 44132     Stories: 4   Taxes: $6,174

Mortgage $8,920 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

0

0

0

41,378

2.7

1966

Lakeland Medical Building - Highly visible and conveniently located off Interstate 90*Elegant All-brick professional building yields pride of ownership in a prime location* Building is 4 stories high with a basement totaling approximately 43,812 Sq.Ft. of gross building area situated on 2.5 acres with ample parking for 250 vehicles*Excellent Cash Cow Opportunity with endless possibilities. Perfect for an owner-user or investment. Presents an investor with the ability to add additional income through lease-up of vacant space. With a combination of offices & mixed use offices, the property has an excellent blend of service tenants. The prime location has allowed tenants to service a wide geographic area including Cleveland, University Hts., Highland Hts, Mayfield Hts, Willoughby and others* The attractive building has been well-maintained with 3 Boilers & continual maintenance & improvements. Several upcoming improvements to include: Entire Pking lot resealed & re-striped, Roof, & several offices renovated* Market Highlights: Surrounding retailers include Shell, SIMS Buick, Atlas Cinemas, Walgreens, CVS, Marc’s Grocery Store, Pizza Hut, Chase Bank, Wendy’s & many others. In the 2015 Fortune 500 ranking of the largest U.S. corporations, 7 companies are based in Northeast OH* Euclid is a stable eastern suburb of Cleveland with a wealth of restaurants & capable work force! Quick commute to Downtown Cle and I-271! Drone footage available in "Virtual Tour" link, or upon request.

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Price History

6/22/2017 Listed $2,750,000
7/12/2017 10% - $2,500,000
8/3/2017 10% - $2,250,000
8/24/2017 12% - $2,000,000
9/18/2017 5% - $1,900,000

HOA Northern Ohio Regional MLS
Homestead Exemption No
Limited Service No
Location Freestanding
Property Sub Type Office
Property Type Commercial
Short Sale No
Subdivision Complex Euclid 19
Year Built 1966

Interior Features

Basement Detail Partially Finished, Walk-Out
Basement? Yes
Cooling Central Air
Elevator Yes
Heating Fuel Gas
Heating Type Baseboard, Hot Water/Steam
Miscellaneous Features Carpeting, Elevator/Passenger, Lunchroom, Meeting/Conf. Room, Private Restroom, Public Restroom, Security System, Sign

Exterior Features

Above Ground Stories 4
Lot Dimensions 162 X 470
Lot Size Depth 470
Lot Size Frontage 162
Lot Size Source Realist
Lot Size Units Acres
Parking Outdoor
Parking Spaces 250
Roof Flat
Water Sewer Public Sewer, Public Water

Property Schools



Direct Link:

http://lindagray.russellrealty.com/property/192-3916002-25701-North-Lakeland-Blvd-Euclid-OH-44132

Gallery (19 photos)

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Property vs Zip Code Avg (44132)

Price 1.90M Avg 110K

Sqr Feet 41,378 Avg 4,170

Cost / Sqr Ft $46 Avg $27

Taxes $6,174 Avg $5,951

Acres 2.7 Avg 2.32

Visits 1,974 Avg 103

Days on Site 92 Avg 107

Walkscore® 20 Avg 23

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Listing Provided Courtesy Of: Russell Real Estate Services




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Location & Address

Linda Gray
12198 Pearl Rd.
Strongsville, OH
440-477-1841
440-268-9647

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