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1610-1636 W Jackson St 1610 W Jackson St 34,445 SF 100% Leased Industrial Building Painesville, OH 44077 $1,200,000 ($34.84/SF)



INVESTMENT HIGHLIGHTS
- Two Building Flex Portfolio: Situated on a single ±2.72 acre parcel (PPN #: 11-A-016-F-00-001-0)
- Offering income durability and limited downside exposure to any single occupant.
- Building 2: 1630 Jackson St, ±16,445 SF, Drive in Doors: 4, Docks: 1 (Exterior), # of Suites: 4 ,# of Tenants: 3 (1 Vacancy)
- Stabilized Flex Park with Diverse Tenant Base: The property is currently 87.5% occupied with a well-balanced mix of tenants
- Building 1: 1610 Jackson St, ±18,000 SF, Drive In Doors: 10m # of Suites: 10, # of Tenants: 4
EXECUTIVE SUMMARY
Broker of Record
Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
PROPERTY FACTS
| Price | $1,200,000 | Rentable Building Area | 34,445 SF |
| Price Per SF | $34.84 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1995 |
| Property Type | Industrial | Clear Ceiling Height | 24’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 10 |
| Building Class | B | ||
| Zoning | I1 | ||
| Price | $1,200,000 |
| Price Per SF | $34.84 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Rentable Building Area | 34,445 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Clear Ceiling Height | 24’ |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | I1 |
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PROPERTY TAXES
| Parcel Number | 11-A-016-F-00-001 | Improvements Assessment | $381,690 |
| Land Assessment | $41,250 | Total Assessment | $422,940 |
PROPERTY TAXES
Parcel Number
11-A-016-F-00-001
Land Assessment
$41,250
Improvements Assessment
$381,690
Total Assessment
$422,940
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1610-1636 W Jackson St | 1610 W Jackson St
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