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23569 Center Ridge Rd

3,511 SF 9% Leased Office Building Westlake, OH 44145 $815,045 CAD ($232 CAD/SF) 10% Cap Rate

Investment Highlights

  • prime location

Executive Summary

Prime commercial or residential facility location, with multiple entrances that can be shared or used to accommodate many businesses,with plenty of parking and a Westlake address, cozy enough to feel like home perfect for title company , group homes , financial offices , law firm or even medical billing offices the opportunities are endless.
very large lot for future vision development. New boiler to HVAC installed and recent bathroom and kitchen renovations.
Call to schedule a showing with Angela Hofmann at 440 664 1516

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,511 SF
Building Class
B
Year Built
1947
Price
$815,045 CAD
Price Per SF
$232 CAD
Cap Rate
10%
NOI
$81,505 CAD
Percent Leased
9%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,750 SF
Building FAR
0.08
Lot Size
1.02 AC
Zoning
GB - zoned as commercial residential, huge lot for future development or new construction
Parking
10 Spaces (2.86 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Fireplace
  • Skylights
  • Kitchen
  • Natural Light
  • Hardwood Floors
  • Yard
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
214-28-003
Land Assessment
$132,264 CAD
Improvements Assessment
$55,763 CAD
Total Assessment
$188,027 CAD
  • Listing ID: 33430836

  • Date on Market: 2024-10-06

  • Last Updated:

  • Address: 23569 Center Ridge Rd, Westlake, OH 44145

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