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8820 East Ave
Mentor, OH 44060
Mag Nif Inc · Industrial Property For Sale
EXECUTIVE SUMMARY
Total property is approximately 150,000 SF on 7.8 acres of land and will be verified per sale. Multiple expansion of building have occurred from 1963 to present. Warehouse additions occurred in 1994 (40,062 SF), 1995 (11,731 SF), and 2002 (21,085 SF) including previous existing office/manufacturing areas (77,006) improvements and remodeling during the 1990's. Heavy electrical power is brought to property, specifically 1200 amp, 480 Volt, 3-Phase power. Oil/Gas well is included with sale with all mineral right offered in purchase. Addition built in 2002 has standard fire suppression with 26' clear height ideal for rack storage. Remaining clear heights range from 24' to 14' in warehouse and manufacturing areas.
Seller is retired and motivated to sell. All offers on property are welcomed and will be submitted immediately to Seller for review. Participating Buyer's brokers are welcome. Mentor, Ohio is ranked 10th in manufacturing in the State with a strong manufacturing workforce and pro-business community. Incentives and abatements are offered to new manufacturing businesses moving to Mentor, Ohio to promote business.
Seller is retired and motivated to sell. All offers on property are welcomed and will be submitted immediately to Seller for review. Participating Buyer's brokers are welcome. Mentor, Ohio is ranked 10th in manufacturing in the State with a strong manufacturing workforce and pro-business community. Incentives and abatements are offered to new manufacturing businesses moving to Mentor, Ohio to promote business.
PROPERTY FACTS Under Contract
AMENITIES
- Commuter Rail
- Floor Drains
- Security System
- Signage
- Storage Space
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City Water
- Sewer - City Sewer
- Heating - Gas
PROPERTY TAXES
| Parcel Number | 16-B-055-A-00-020 | Improvements Assessment | $951,030 |
| Land Assessment | $421,610 | Total Assessment | $1,372,640 |
PROPERTY TAXES
Parcel Number
16-B-055-A-00-020
Land Assessment
$421,610
Improvements Assessment
$951,030
Total Assessment
$1,372,640
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