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23330 Commerce Park 32,000 SF 100% Leased Office Building Beachwood, OH 44122 $2,888,888 ($90.28/SF)
Executive Summary
One of a kind, three story, 32,000 Sq. ft. commercial space with 80 parking spaces on 1.19 acres (150’ x 346”) located at Commerce Park in the heart of Beachwood's office and retail market. Masonry construction built in 1969 & 1990; former audio/video/podcast recording facility; with soundproof doors, walls, ceilings, etc., and 240 Volt/400 Amp/3 Phase Power; 17’ clear height. Property can be converted into multiple uses and has one drive-in door with climate-controlled warehouse/storage area. Fabulous two-story entryway loads of 1st and 2nd floor office space, many conference rooms plus a third-floor meeting room with glass rooftop ceiling. Multiple bathrooms throughout. Central heating and air conditioning. 24 hour-controlled access security system. Convenient access to shopping, restaurants and lodging; Convenient freeway access to I-271 & I-480. Only 30 minutes to Cleveland Hopkins International Airport. Amazing opportunity and location!
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
32,000 SF
Building Class
B
Year Built
1978
Price
$2,888,888
Price Per SF
$90.28
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,000 SF
Building FAR
0.62
Lot Size
1.19 AC
Zoning
U8 - Office, showroom, light manufacturing, storage and distribution
Parking
62 Spaces (3 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Conferencing Facility
- Security System
- Skylights
- Central Heating
- High Ceilings
- Drop Ceiling
- Monument Signage
- Air Conditioning
- Raised Floor System
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Magnietic North Studio
- Information
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Magnietic North Studio | Information | - | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 742-22-003 | Improvements Assessment | $256,655 |
| Land Assessment | $81,760 | Total Assessment | $338,415 |
Property Taxes
Parcel Number
742-22-003
Land Assessment
$81,760
Improvements Assessment
$256,655
Total Assessment
$338,415
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23330 Commerce Park
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