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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.

TAXES & OPERATING EXPENSES (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Taxes $6,748 $0.74
Operating Expenses $14 $0.00

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

Price $500,000
Price Per SF $55
Sale Type Owner User
Sale Conditions
Build to Suit
  • Bulk/Portfolio Sale
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 0.53 AC
Rentable Building Area 9,121 SF
No. Stories 1
Year Built 1940
Tenancy Single
Parking Ratio 1.64/1,000 SF
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 2

AMENITIES

  • Signage

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 003-09-037
  • 003-09-040
  • 003-09-038
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)
  • Listing ID: 21197206

  • Date on Market: 10/10/2020

  • Last Updated:

  • Address: 5709 Herman Ave, Cleveland, OH 44102

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