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83 W Bagley Rd

25 Unit Dormitory For Sale Berea, OH 44017

Investment Highlights

  • 3 residential floors, with shared restroom on each floor
  • 25 rooms (45 maximum occupancy), with 1 bedroom apartment on 1st floor with bathroom, living room, bedroom, and kitchen
  • Upstairs lounge with storage
  • 15 rooms have access to a ½ bath from inside the room
  • Garden level lounge, laundry room, and indoor bike storage
  • Building is air-conditioned

Executive Summary

Harding House has accommodated Baldwin Wallace University (“BWU”) students since it was built in 1932. Harding House was renovated and/or added to in 1963, 1996 and in 2012. It offers 25 rooms (single, double and triple) with a capacity of 45 students. With 19,233 square feet, this three story building features air-conditioning, energy use monitoring, an elevator, indoor bike storage, handicap accessibility and a pleasing garden. In the fall of 2014, Harding House received Gold LEED (Leadership in Energy & Environmental Design) Certification. This offering also includes a 9,156 sf/0.210 acre parcel directly across the street providing the building with approximately 10-12 additional parking spaces.
With the renovation and addition of beds elsewhere on the campus, Baldwin Wallace University will be vacating Harding House. Potential uses of the existing building include, but are not limited to student housing, senior living and multi-family. Only three miles from Cleveland Hopkins International Airport and 15 miles from the heart of Downtown Cleveland, the property offers excellent proximity while maintaining a small town feel in historic Berea. Users and developers will benefit from being across the street from the vibrant BWU campus and just blocks from the Cleveland Browns Training Facility and the Cuyahoga County Fairgrounds.

Property Facts

Sale Type Investment
Sale Conditions Redevelopment Project
No. Units 25
Property Type Multifamily
Property Subtype
Dormitory
  • Multifamily Apartments
Apartment Style Low Rise
Building Class B
Lot Size 25.55 AC
Building Size 19,233 SF
No. Stories 3
Year Built/Renovated 1932/2012

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • Security System
Walk Score ®
Very Walkable (72)
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
  • 362-09-014
  • 362-09-052
Land Assessment
$19,250
Improvements Assessment
$0
Total Assessment
$19,250

zoning

Zoning Code RSF-B (Standard Single Family Residential B – proposed to permit similar residential and lower level intensity uses as permitted in the existing R-SF-B)
RSF-B (Standard Single Family Residential B – proposed to permit similar residential and lower level intensity uses as permitted in the existing R-SF-B)
  • Listing ID: 31466823

  • Date on Market: 4/10/2024

  • Last Updated:

  • Address: 83 W Bagley Rd, Berea, OH 44017

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