21935-21939 Lake Shore Blvd | Euclid, OH 44123
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- LoopNet Team
21935-21939 Lake Shore Blvd
Euclid, OH 44123
State Farm Insurance · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Apartment Tenants: 2 long-term (over 10 years), 1 new tenant
- Restaurant Lease: New 5-year term
- Over 17,000 VPD along Lakeshore Blvd
- Retail Tenant: Thriving, long-standing restaurant for 20+ years
- Upside: Below market apartment rents
- New hot water heaters (2021) & New windows (2022)
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.33 AC |
| Property Type | Multifamily | Building Size | 9,211 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1920/2015 |
| Zoning | U4 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 9,211 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2015 |
| Zoning | U4 |
ABOUT 21935-21939 LAKE SHORE BLVD , EUCLID, OH 44123
100% occupied mixed-use property consisting of 3 occupied apartments and 3 occupied retail spaces. Retail spaces are occupied by the famous Beach Club Bistro restaurant, a Euclid staple for 20+ years. - All apartments have new furnaces and A/C units (2022) - Near the Euclid Lakefront project (trail, marina, pier) and minutes from Amazon and Briardale Greens Golf Course
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $111,860 | |
| Land Assessment | $16,660 | Total Assessment | $128,520 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$16,660
Improvements Assessment
$111,860
Total Assessment
$128,520
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