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21877 Euclid AVE Euclid, OH 44117
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Key Details
Sold Price $330,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 9,707 sqft
Price per Sqft $33
Subdivision Euclid 14
MLS Listing ID 4297762
Sold Date 03/18/22
HOA Y/N No
Abv Grd Liv Area 9,707
Year Built 1958
Annual Tax Amount $13,650
Lot Size 0.513 Acres
Acres 0.5132
Property Sub-Type Office
Property Description
Great opportunity for investors!! This building is overflowing with potential for cash flow. Building currently has 24 offices, 12 on each floor. Entryway would accommodate a large reception area and there is a large open area for conference rooms or lunch space. There are four bathrooms in the common area and multiple sinks in the office space.
Previously used as a daycare and beauty school. Building has a great layout for medical or spa services, religious gatherings, charter/vocational school or retail space. Large basement with plumbing for a bathroom has a separate door with high ceilings has potential to use as another rental space. Ample parking in the lot behind the building with a great location, 5 minutes to the highway. Bring your design ideas or seller will share theirs with a great offer. A little bit of work up front for passive cashflow.
New furnace in the basement (not installed) will be left.
Most offices are about 13x11 but range from 8x11 to 28x11.
Location
State OH
County Cuyahoga
Rooms
Basement Partial
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features On Site
Water Access Desc Public
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Euclid Csd - 1813
Others
Tax ID 646-32-031
Financing Conventional
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Bought with Yanna J Ware • Cutler Real Estate
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