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950 Erie Rd 23,852 SF Industrial Building Eastlake, OH 44095 $1,875,000 ($78.61/SF)
INVESTMENT HIGHLIGHTS
- Versatile 23,852 SF facility featuring warehouse, showroom, lab, and office space with multiple drive-in doors and a loading dock.
- Well-maintained property with an 8,800+ SF 2001 addition, with space becoming available as the owner retires.
EXECUTIVE SUMMARY
Located on the southwest side of Erie Road between Cove Court and Garretts Cove Drive in Eastlake, this 23,852 SF property sits on 3 acres with M-1 Industrial zoning and a versatile warehouse-showroom layout. The building includes approximately 13,000 SF of warehouse space, 5,200 SF of showroom, 3,300 SF of lab area, and 2,400 SF of office. Constructed with block, brick, and metal panels, it offers two drive-in doors (10'×12' and 12'×14'), a loading dock, and a third drive-in door available. The original late-1970s portion is divided into three 5,000 SF leased areas, while an additional 8,800+ SF built in 2001 houses the owner's billiard and home-games showroom and offices. With the owner retiring, space can be made available for a buyer’s needs. Well-maintained and unique, this investment opportunity is shown by appointment—call Vic to arrange a tour.
PROPERTY FACTS
| Price | $1,875,000 | No. Stories | 1 |
| Price Per SF | $78.61 | Year Built | 1981 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.84/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 16’ |
| Building Class | B | No. Dock-High Doors/Loading | 1 |
| Lot Size | 3.00 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 23,852 SF | ||
| Zoning | M-1 - Industrial | ||
| Price | $1,875,000 |
| Price Per SF | $78.61 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 3.00 AC |
| Rentable Building Area | 23,852 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Tenancy | Single |
| Parking Ratio | 0.84/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M-1 - Industrial |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $183,370 | |
| Land Assessment | $94,240 | Total Assessment | $277,610 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$94,240
Improvements Assessment
$183,370
Total Assessment
$277,610
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950 Erie Rd
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