21280 Lorain Rd - Storefront Retail/Office FOR SALE


Fairview Park, OH 44126
$379,900 USD
440-933-4100
21280 Lorain Rd, Fairview Park, OH for Sale
$379,900 USD
Storefront Retail/Office - FOR SALE
1/12
null | 6.32% Cap Rate

21280 Lorain Rd
Fairview Park, OH 44126


HIGHLIGHTS

  • Great daytime foot and vehicle traffic
  • Fully renovated turnkey building
  • Approved outdoor seating -- perfect for takeout quick service restaurant

OVERVIEW

Recently renovated (2017) free standing building with parking lot within prime section of Lorain Road in "downtown" Fairview Park. Located directly across the street from Cuyahoga County Public Library and Fairview Park High School. Building is currently used for food service and is licensed by the Cuyahoga County Board of Health. Perfect opportunity for a takeout restaurant concept or any retail use. Occupying business is NOT for sale. Please do not approach employees of current business. Business is looking for a larger location within Fairview Park. A deed restriction will accompany the sale restricting the retail use of Shaved Ice and Snow Cones business operations for a period of six years. 2017 Renovations: -Exterior of building finished in rustic reclaimed Ohio barn-wood. -Exterior seating area established and permitted by the City of Fairview Park -Interior stripped down to the cinder blocks and reframed / drywalled -One Unisex ADA bathroom - New 3 ton HVAC system and all duct work -New 200 amp electrical panel including all new wiring -New 50 gallon commercial hot water tank -New Pella windows and commercial entry doors -New plumbing throughout -Parking lot resealed every 2 years with last sealing done in 2021 Truly turnkey for many different business ventures!

FOR SALE DETAILS

PRICE

$379,900 USD

PRICE/SF

$410 USD /SF

CAP RATE

6.32%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

General Business

APN/PARCEL ID

321-02-016

ASK ABOUT THIS PROPERTY

John TilleryRussell Real Estate ServicesMore Info
440-933-4100

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John TilleryRussell Real Estate ServicesMore Info
440-933-4100

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