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US State Route 20 (Hyde Street) - Commercial Land. WST 1.21 Acres of Commercial Land in Wakeman, OH 44889

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INVESTMENT HIGHLIGHTS

  • Will Consider Ground Lease/Leasehold Daily Traffic Count 4796
  • Commercial Land C-2 zoning: approximately 40 minute drive from Cleveland
  • Auto Parts Store, Professional Office Building, Hotel, Restaurant, Bank location?
  • Existing Shared Entry Access
  • Seller is Principal Owner: Brokers add your fee to selling price.
  • WST Commercial Real Estate Investment & Sales: Contact email Wesley_Taylor@icloud.com

EXECUTIVE SUMMARY

Summit Raceway Park is just 6 miles to the west and attracts 200,000+ visitors annually between the months of May through October.
Commercial Land approximately 1.21 acres, Wakeman Village
Commercial lot: frontage on State Route 20 (369 feet deep) shared entrance.
Tel: mobile text 440-412-6031 email Wesley_Taylor@icloud.com
Ohio-Village of Wakeman: U.S. State Route 20 and State Route 303.
Ohio Department of Transportation daily traffic count 4796.
Additional 20+ acres available
Land sale or will consider ground lease
4146 passenger & commercial vehicles
650 B&C commercial vehicles
4796 Total vehicles in a 24 hour period
This site is finish grade with a gentle slope. Located in a rural community between two larger cities to the east and the west on a major state route just west of Cleveland.
Wakeman is 40 minutes west of Cleveland via SR 20 which becomes a 4 lane highway and merges into interstate 480. This lot is a sub-lot of a larger 29 acre land parcel. Additional acreage is available. Three phase electrical power at site.(Electrical substation less than one mile from site)

PROPERTY FACTS

Sale Type Investment
Sale Conditions
Sale Leaseback
  • Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Auto Dealership
  • Bank
  • Community Center
  • Daycare Center
  • Distribution
  • Fast Food
  • Food Processing
  • Funeral Home
  • Garden Center
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Industrial Park
  • Lodge or Meeting Hall
  • Lumberyard
  • Motel
  • Movie Theater
  • Movie, Radio or Television Studio
  • Office Park
  • Open Space
  • Research and Development
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Schools
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Theater or Concert Hall
  • Veterinarian or Kennel
  • Warehouse
  • Agribusiness
Total Lot Size 1.21 AC
Zoning C-2

1 LOT AVAILABLE

Lot 1

Lot Size 1.21 AC

Commercial: frontage approximately 150 ft(U.S. State Route 20)369 feet deep. Shared access with former Dollar General now a hardware store. The site is finish grade with a gentle slope. Water, sanitary, natural gas etc. Additional 20+acres available.

DESCRIPTION

Commercial land currently being used for agriculture approximately 1.21 acres(Additional 20+ acres available). The lot is slightly graded to the front- good drainage. Shared access entrance with Hardware Store. The previous Dollar General store(now a hardware store) adjacent to this lot sold for $668,094.00 in February 2018. Three phase electrical power at site(electrical substation less than 1 mile from property). Text for more information 440-412-6031 mobile. Email Wesley_Taylor@icloud.com

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-055C-08-006-0000
Land Assessment
$75,340
Improvements Assessment
$0
Total Assessment
$75,340
  • Listing ID: 8890788

  • Date on Market: 3/1/2023

  • Last Updated:

  • Address: US State Route 20 (Hyde Street), Wakeman, OH 44889

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