199 Gateway Ave - Anchor Store Opportunities at Gateway Plaza 17,300 - 65,000 SF Retail Condo Units Offered at $600,000 - $1,300,000 Per Unit in Conneaut, OH 44030
INVESTMENT HIGHLIGHTS
- Situated in a peaceful and scenic neighborhood in Conneaut, OH
EXECUTIVE SUMMARY
B-1 zoning. Approximately 600 parking spaces.
PROPERTY FACTS
| Total Building Size | 134,574 SF |
| Property Type | Retail |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 117,777 SF |
| Year Built | 1981 |
| Lot Size | 14.00 AC |
| Parking Ratio | 10/1,000 SF |
| Zoning | B-1 - Commercial |
AMENITIES
- Storage Space
- Air Conditioning
- Smoke Detector
3 UNITS AVAILABLE
Unit A
| Unit Size | 65,000 SF |
| Price | $1,100,000 |
| Price Per SF | $16.92 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
Can be used as retail or industrial. Former Kmart locations.
space is currently being used as a heated storage facility for cars, boats, RVs, etc.
There is an additional end cap available approx 35K sq ft. being used for the same heated storage facility.
Business can convey
In addition there is a middle portion of approx 17,300 sq ft with autzone, dollar tree and vacant 1850 sq ft space.
SALE NOTES
65,000 sq ft. Can be used as retail or industrial. Former Kmart locations.
space is currently being used as a heated storage facility for cars, boats, RVs, etc.
There is an additional end cap available approx 35K sq ft. being used for the same heated storage facility.
Business can convey
In addition there is a middle portion of approx 17,300 sq ft with autzone, dollar tree and vacant 1850 sq ft space.
Unit B,D,F
| Unit Size | 17,300 SF |
| Price | $1,300,000 |
| Price Per SF | $75.14 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.92% |
| NOI | $103,000 |
DESCRIPTION
17,300 sq ft for sale, with 1850 sq ft space not leased, value add
Current tenancy: Autozone and Dollar tree
The end cap buildings (110K sq ft approx available, currently in use as a heated storage facility for RVs, campers, boats, etc.
SALE NOTES
17,300 sq ft for sale, with 1850 sq ft space not leased, value add
Current tenancy: Autozone and Dollar tree
The end cap buildings (110K sq ft approx available, currently in use as a heated storage facility for RVs, campers, boats, etc.
Unit G
| Unit Size | 35,000 SF |
| Price | $600,000 |
| Price Per SF | $17.14 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
Can be used as retail or industrial. Former Giant Eagle location.
space is currently being used as a heated storage facility for cars, boats, RVs, etc.
There is an additional end cap available approx 65K sq ft. being used for the same heated storage facility.
Business can convey
In addition there is a middle portion of approx 17,300 sq ft with autzone, dollar tree and vacant 1850 sq ft space.
SALE NOTES
Can be used as retail or industrial. Former Giant Eagle location.
space is currently being used as a heated storage facility for cars, boats, RVs, etc.
There is an additional end cap available approx 65K sq ft. being used for the same heated storage facility.
In addition there is a middle portion of approx 17,300 sq ft with autzone, dollar tree and vacant 1850 sq ft space.
CONTACTS
-
Dan May -
Mark May -
DM Venture Properties LLC
