Commercial Real Estate for Sale at 7560 Broadview Road in Cleveland, OH for $1,150,000

Javascript is required to view this map.

7560 Broadview Road | Cleveland

$1,150,000 | 0.0 Sq. Ft.

8,000 SF Suburban Retail Plaza Investment with Clear Value-Add Strategy located between Pleasant Valley \u0026 Broadview Rd\r\nIntersection and Meijer\u0027s. High Visibility along Broadview Rd and High-Traffic Shared Access Drive with Pleasant Valley Shopping\r\nCenter. 3 Access Points, 1 signalized. 100% Occupied: 2 Tenants: $12 PSF on 6,800 SF \u0026 $18 PSF on 1,200 SF. Clear Future Value-Add Opportunity: dividing 6,800 SF Unit into many 1,200-2400 SF Units and taking rent from $12 PSF to market rent. High Residual Land Value: 100ft Frontage with Excess Land in Rear. Being offered at 8 cap on in-place rents. Well-maintained by original landlord since constructed. MLSNow 5165032 Directions to property: Broadview Rd just south of Pleasant Valley.

MLS Listing ID: 
MLSNow 5165032
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,150,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Retail
Primary Market Area: 
Cleveland
Address: 
7560 Broadview Road, Cleveland, OH 44134
County: 
Cuyahoga
Latitude: 
41.3587580
Longitude: 
-81.6854270
Directions: 
Broadview Rd just south of Pleasant Valley.
Public Remarks: 
8,000 SF Suburban Retail Plaza Investment with Clear Value-Add Strategy located between Pleasant Valley \u0026 Broadview Rd\r\nIntersection and Meijer\u0027s. High Visibility along Broadview Rd and High-Traffic Shared Access Drive with Pleasant Valley Shopping\r\nCenter. 3 Access Points, 1 signalized. 100% Occupied: 2 Tenants: $12 PSF on 6,800 SF \u0026 $18 PSF on 1,200 SF. Clear Future Value-Add Opportunity: dividing 6,800 SF Unit into many 1,200-2400 SF Units and taking rent from $12 PSF to market rent. High Residual Land Value: 100ft Frontage with Excess Land in Rear. Being offered at 8 cap on in-place rents. Well-maintained by original landlord since constructed.
Community Information
School District: 
Parma CSD - 1824
Subdivision: 
Ely
Building Details
Details about the building on a property.
Year Built: 
1990
Living Area: 
0.0
Basement: 
None
Construction
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Multi Units
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1
Lot Size (Area): 
1
Lot Features
Parking Type: 
Additional Parking,On Site,Parking Lot
Public Record
Parcel Number: 
453-20-021
Annual Tax: 
$17,589.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Berkshire Hathaway HomeServices Stouffer Realty

Request More Information