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5576 Mayfield Rd 3,120 SF Vacant Retail Building Cleveland, OH 44124 $395,000 ($126.60/SF)
INVESTMENT HIGHLIGHTS
- PRIME location
- Standalone brick building
- 30,000+ vehicles per day passing
EXECUTIVE SUMMARY
Great opportunity for owner-user (or for land for a new-build if desired). Standalone building in PRIME location. 30,000+ vehicles per day pass this very visible building. Brick construction. 2,080sqft first floor, 1,040sqft finished basement with full bath. Building will be fully vacant by January 1, 2026.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,120 SF
Building Class
C
Year Built
1957
Price
$395,000
Price Per SF
$126.60
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.52 AC
Zoning
Retail
Parking
12 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
63’ on Mayfield Rd
AMENITIES
- 24 Hour Access
- Bus Line
- Signage
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 714-12-016 | Improvements Assessment | $39,340 |
| Land Assessment | $28,385 | Total Assessment | $67,725 |
PROPERTY TAXES
Parcel Number
714-12-016
Land Assessment
$28,385
Improvements Assessment
$39,340
Total Assessment
$67,725
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Presented by
MScher Holdings, LLC
5576 Mayfield Rd
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