11831 Detroit Ave - Storefront Retail/Residential FOR SALE


Lakewood, OH 44107
$3,798,483 USD
440-655-5472
11831 Detroit Ave, Lakewood, OH for Sale
$3,798,483 USD
Storefront Retail/Residential - FOR SALE
1/2
null | 6% Cap Rate

11831 Detroit Ave
Lakewood, OH 44107


HIGHLIGHTS

  • heavy daytime foot traffic
  • lots of natural light
  • 6 store fronts

OVERVIEW

6 store fronts and 37 apartments, two buildings. This property is 95% occupied and in decent condition. It is sold "as is." Brick, central heat. Average rent: $1,061, flat roof. Parking available. Wall air condition units. Fuel is gas. Total square footage: 40,590. Tenants pay for electricity only.

FOR SALE DETAILS

PRICE

$3,798,483 USD

PRICE/SF

$170 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Highland Manor

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,796 SF

ZONING

-

APN/PARCEL ID

315-13-010

ASK ABOUT THIS PROPERTY

Ruset PatrascuPhoenix9 Realty, Inc.More Info
440-655-5472

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ruset PatrascuPhoenix9 Realty, Inc.More Info
440-655-5472

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.