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Newport Square 23775 Commerce Park 19,622 SF 89% Leased Office Building Beachwood, OH 44122 $1,800,000 ($91.73/SF)



Executive Summary
Well maintained 8 unit office complex
88% occupied with recently renovated suite available (2,150 SF)
Perfect for owner / operator seeking passive income
Excellent location in Beachwood's most established commerce park
88% occupied with recently renovated suite available (2,150 SF)
Perfect for owner / operator seeking passive income
Excellent location in Beachwood's most established commerce park
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
19,622 SF
Building Class
C
Year Built/Renovated
1985/2024
Price
$1,800,000
Price Per SF
$91.73
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,622 SF
Building FAR
0.25
Lot Size
1.79 AC
Zoning
U-8
Parking
91 Spaces (4.64 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Guiding Solutions, LLC is a mental health practice formed with the goal of making therapy easily accessible. We are here to support you through your mental health journey and guide you to finding solutions to your life challenges, no matter how big or small. Our team is comprised of therapists who are both compassionate and goal oriented.
- Tramer & Zwick
- Professional, Scientific, and Technical Services
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Guiding Solutions LLC | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Tramer & Zwick | Professional, Scientific, and Technical Services | - | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Excellent office space with an open plan, conference room and designated reception area. Located close to major highways, business centers, and retail corridor.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste Suite #2 | 2,150 SF | Office | Full Build-Out | Now |
1st Fl-Ste Suite #2
| Size |
| 2,150 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste Suite #2
| Size | 2,150 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Excellent office space with an open plan, conference room and designated reception area. Located close to major highways, business centers, and retail corridor.
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Moderately walkable
60/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 742-25-025 | Improvements Assessment | $402,045 |
| Land Assessment | $123,095 | Total Assessment | $525,140 |
Property Taxes
Parcel Number
742-25-025
Land Assessment
$123,095
Improvements Assessment
$402,045
Total Assessment
$525,140
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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