Master Chrome | 5709 Herman Ave
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Master Chrome 5709 Herman Ave
9,121 SF Industrial Building Cleveland, OH 44102 $500,000 ($55/SF)
INVESTMENT HIGHLIGHTS
- Land Area Combined: 177 Frontage x 132 Depth x 200 Rear
- Office Area: 1,100 S/F
- Value is in the Land for Redevelopment - Zoned Single or Two-family
- 2 8x8 Dock High Doors
- Electric Power: Single & Three Phase
EXECUTIVE SUMMARY
PRICE REDUCTION !
Land Parcels: 003-09-038 & 003-09-039 with the Building Have Been Used for a Chrome-plating Business for 75 Years.
Parcels: 003-09-037 & 003-09-040
Combined Price: $500,000.
Shop Heat: Gas Units/Office Heat: Electric Units
ALSO AVAILABLE AS "LAND-FOR-SALE for DEVELOPMENT". (Zoning is Single, or 2-Family). Call Agent for Details.
Purchaser is Responsible to do Their Own Investigation in Regard to Any Inspections for Hazardous Materials that May Be on the Property.
Land Parcels: 003-09-038 & 003-09-039 with the Building Have Been Used for a Chrome-plating Business for 75 Years.
Parcels: 003-09-037 & 003-09-040
Combined Price: $500,000.
Shop Heat: Gas Units/Office Heat: Electric Units
ALSO AVAILABLE AS "LAND-FOR-SALE for DEVELOPMENT". (Zoning is Single, or 2-Family). Call Agent for Details.
Purchaser is Responsible to do Their Own Investigation in Regard to Any Inspections for Hazardous Materials that May Be on the Property.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$6,748
|
$0.74
|
| Operating Expenses |
$14
|
$0.00
|
| Total Expenses |
$6,762
|
$0.74
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $6,748 |
| Annual Per SF | $0.74 |
| Operating Expenses | |
|---|---|
| Annual | $14 |
| Annual Per SF | $0.00 |
| Total Expenses | |
|---|---|
| Annual | $6,762 |
| Annual Per SF | $0.74 |
PROPERTY FACTS Under Contract
AMENITIES
- Signage
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $83,755 (2024) | |
| Land Assessment | $36,785 (2024) | Annual Taxes | $6,748 ($0.74/SF) |
| Improvements Assessment | $46,970 (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$36,785 (2024)
Improvements Assessment
$46,970 (2024)
Total Assessment
$83,755 (2024)
Annual Taxes
$6,748 ($0.74/SF)
Tax Year
2023 Payable 2024
ZONING
| Zoning Code | Single or 2-Family (Single or Two-family 2F-B1) |
| Single or 2-Family (Single or Two-family 2F-B1) |
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Master Chrome | 5709 Herman Ave
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