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Retail / Industrial Sale 28908 Lake Shore Blvd 9,400 SF 100% Leased Retail Building Willowick, OH 44095 $489,000 ($52.02/SF)
Investment Highlights
- Two-Building Commercial Portfolio
- Rental Rate Growth Opportunity
- Established Commercial Location
- Owner-User or Investment Opportunity
- High-Visibility Retail Corridor
- Long-Term Tenancy
Executive Summary
This commercial offering presents a rare opportunity to acquire a
two-building property featuring both retail and industrial space
along the highly traveled Lake Shore Boulevard corridor in
Willowick, Ohio. The property consists of approximately 9,400
square feet across two buildings, including three retail suites and
two industrial units.
The retail building offers exceptional frontage, strong visibility,
and convenient customer access, while the industrial building
features functional warehouse space with two 10' x 10' drive-in
doors, making it ideal for contractors, storage, distribution, or light
manufacturing users. The property is zoned retail, with industrial
use permitted through the City's conditional use approval
process.
Ideal for investors or owner-users, the flexible layout offers
multiple occupancy and income opportunities. With 30 on-site
parking spaces, immediate access to SR-2 and I-90, and a well established commercial location, the property is well positioned
to serve a variety of businesses
two-building property featuring both retail and industrial space
along the highly traveled Lake Shore Boulevard corridor in
Willowick, Ohio. The property consists of approximately 9,400
square feet across two buildings, including three retail suites and
two industrial units.
The retail building offers exceptional frontage, strong visibility,
and convenient customer access, while the industrial building
features functional warehouse space with two 10' x 10' drive-in
doors, making it ideal for contractors, storage, distribution, or light
manufacturing users. The property is zoned retail, with industrial
use permitted through the City's conditional use approval
process.
Ideal for investors or owner-users, the flexible layout offers
multiple occupancy and income opportunities. With 30 on-site
parking spaces, immediate access to SR-2 and I-90, and a well established commercial location, the property is well positioned
to serve a variety of businesses
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
9,400 SF
Building Class
C
Year Built
1960
Price
$489,000
Price Per SF
$52.02
Percent Leased
100%
Building Height
1 Story
Building FAR
0.22
Lot Size
1.00 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 28-A-042-H-00-017-0 | Improvements Assessment | $71,890 |
| Land Assessment | $6,070 | Total Assessment | $77,960 |
Property Taxes
Parcel Number
28-A-042-H-00-017-0
Land Assessment
$6,070
Improvements Assessment
$71,890
Total Assessment
$77,960
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