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3649 Lee Rd

3,000 SF 100% Leased Office Building Shaker Heights, OH 44120 $250,000 ($83/SF)

Investment Highlights

  • Accessible by public transportation.
  • Nearby many retailers and restaurants.
  • Close to I-480 and I-271 for convenient access.
  • Located one block over from the green space of Chelton Park.

Executive Summary

This is a great brick commercial space with opportunity for many uses, total of 3000 square feet, 1500 square feet in each unit, full basement with approximately 1200 square feet plus a 400 square foot attached garage. So much to offer... newer carpet, freshly painted, 2 kitchenettes, 2 bathrooms, security systems, commercial phone lines in place and internet ready both units. The property was occupied by the owner, furniture negotiable. Private parking in front and rear to accommodate 8 vehicles. Storage available.

Property Facts Under Contract

Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
3,000 SF
Building Class
C
Year Built
1956
Price
$250,000
Price Per SF
$83
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,500 SF
Slab To Slab
10’
Building FAR
0.53
Land Acres
0.13 AC
Zoning
Commercial
Parking
4 Spaces (1.33 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
735-27-006
Land Assessment
$7,840
Improvements Assessment
$36,470
Total Assessment
$44,310
  • Listing ID: 29097452

  • Date on Market: 7/25/2023

  • Last Updated:

  • Address: 3649 Lee Rd, Shaker Heights, OH 44120

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