6189 Mayfield Rd | Mayfield Heights, OH 44124
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6189 Mayfield Rd
Mayfield Heights, OH 44124
6181 & 6189 MAYFIELD ROAD · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Option to Purchase or Ground Lease – owner willing to develop for tenant if interested
- Covered Land Play – buyer can purchase property with income in place. Long term MTM tenants, as well as US Bank, provides the new owner with income
- Unencumbered Asset – offered free and clear of any existing financing, a new investor can take advantage of historically low interest rates
- Generational Real Estate – property is being offered for the first time in 50+ years, providing for a change of hands and redevelopment opportunity
- Hard Corner Real Estate – only hard corner real estate for sale in the market
- Favorable demographics – the property is located within the heart of one of the densest submarkets in the Cleveland MSA
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
5,928 SF
Building Class
C
Year Built
1974
Percent Leased
70%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,976 SF
Slab To Slab
9’
Building FAR
0.65
Lot Size
0.21 AC
Zoning
C-1 - Office/Medical/Retail
Parking
20 Spaces (2.79 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 861-17-017 | Improvements Assessment | $138,250 |
| Land Assessment | $37,870 | Total Assessment | $176,120 |
PROPERTY TAXES
Parcel Number
861-17-017
Land Assessment
$37,870
Improvements Assessment
$138,250
Total Assessment
$176,120
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