This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Commerce Park Circle 23366 Commerce Park

24,970 SF 60% Leased Flex Building Beachwood, OH 44122 $1,750,000 ($70/SF)

Investment Highlights

  • Potential incentives available from the city.
  • Well-maintained property.

Executive Summary

Rare opportunity to own flex/office product in the Chagrin Corridor. 60% occupancy with mostly short-term leases in place provides ultimate flexibility for an owner-user or reposition of the property as a developer. Building currently configured with 12,295 SF of warehouse/flex space with a 2-story office component at the front totaling 12,675 square feet. Well maintained property. Potential incentives available from the city.

Property Facts

Price $1,750,000
Price Per SF $70
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • Office Industrial Live Work Unit
Building Class C
Lot Size 1.39 AC
Rentable Building Area 24,970 SF
No. Stories 2
Year Built 1971
Parking Ratio 3.36/1,000 SF

Amenities

  • Air Conditioning

Utilities

  • Lighting

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
742-22-017
Land Assessment
$104,620
Improvements Assessment
$260,580
Total Assessment
$365,190

zoning

Zoning Code U-8
U-8
  • Listing ID: 33071607

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 23366 Commerce Park, Beachwood, OH 44122

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}