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Colonial Plaza 27561-27589 Euclid Ave 27,200 SF 100% Leased Retail Building Euclid, OH 44132 $2,500,000 ($91.91/SF)
Investment Highlights
- Income producing property along Euclid Avenue.
Executive Summary
Multi-tenant storefront available for sale in Euclid for $2.5M. Current tenants and monthly rents as follows:
- Pawn shop: $3,100/month
- Party center: $2,300/month
- Sub shop: $1,550/month
- Hair shop: $3,000/month
- Bar: $1,750/month
Call for additional details.
- Pawn shop: $3,100/month
- Party center: $2,300/month
- Sub shop: $1,550/month
- Hair shop: $3,000/month
- Bar: $1,750/month
Call for additional details.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
27,200 SF
Building Class
B
Year Built
1968
Price
$2,500,000
Price Per SF
$91.91
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
2.79 AC
Opportunity Zone
Yes
Zoning
U4
Parking
150 Spaces (5.51 Spaces per 1,000 SF Leased)
Frontage
322’ on Euclid Ave
Amenities
- Bus Line
- Signage
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 648-32-073 | Improvements Assessment | $99,120 |
| Land Assessment | $170,240 | Total Assessment | $269,360 |
Property Taxes
Parcel Number
648-32-073
Land Assessment
$170,240
Improvements Assessment
$99,120
Total Assessment
$269,360
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Colonial Plaza | 27561-27589 Euclid Ave
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