1.26 Acres Lot
1.26 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision North Randall Land Co 01
MLS Listing ID 5192796
HOA Y/N No
Year Built 1985
Annual Tax Amount $11,934
Tax Year 2024
Lot Size 1.263 Acres
Acres 1.263
Property Sub-Type Retail
Property Description
Current income profile supports owner-use with upside: church lease approx $3,200 per month, and the auto repair space is also offered for lease at $4,500 per month, or $7,000 per month including the body shop. Auto-related units can remain as rentals on month-to-month terms, targeting an approximate 10% cap rate based on current rents. Owner pays water/sewer with each unit reimbursing one-third of the bill. Monument signage and building signage opportunities available. Seller will consider lease option or creative terms with acceptable structure.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Additional Parking, Asphalt, Driveway, Indoor, On Site, Parking Lot
Water Access Desc Public
Roof Type Flat
Present Use Automotive,Place of Worship
Total Parking Spaces 50
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Warrensville Heights - 1831
Others
Tax ID 771-09-050
Acceptable Financing Cash, Conventional, Lease Option, Lease Purchase, Private Financing Available
Listing Terms Cash, Conventional, Lease Option, Lease Purchase, Private Financing Available
Schools and Properties Nearby