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    37111 Euclid Ave Willoughby, OH 44094

    For Sale
    $2,000,000

    SINGLE_FAMILY - Willoughby, OH

    Type:Retail
    Lot size:
    0.81 Acres
    Days on Market:
    117
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 37111 Euclid Ave

    General Information

    Special listing conditions
    In Foreclosure
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    In Foreclosure
    Standard status
    Active
    APN
    27-A-014-B-00-024-0
    Parking
    35
    Lot size
    0.81 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1998

    Keller Williams Realty Greater Cleveland Northeast (440) 255-5500 [email protected]

    Listing agent Geoffrey DelGrosso (440) 462-9577 License #2020002251

    Listing date Aug 19, 2025

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Willoughby Retail/Office Investment Opportunity

    This meticulously maintained retail/office asset is located in the heart of the Willoughby, Ohio business district. The property, situated directly across the street from a newly constructed national grocery, features over 11,000 square feet and contains nine units. Six well-established tenants currently occupy the space, with a newly signed lease from a current tenant. Most leases are in place through 2027. There is potential for improvement as current rents are at the low end of the market, and can be transitioned into NNN leases. The 0.81-acre property has had the majority of high ticket Capital Expenditures completed in the last five years, including a new roof in 2022, new HVAC units from 2017-2021, new front supports in 2023, and a parking lot in 2021. This property is located at 37111 Euclid Avenue, Willoughby, OH 44094.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Metro by T-Mobile Cell Phone Store Pizza Booyah Pizza Restaurant What About Bob's ... Sandwich Shop Exodus Integrity Services, ... Corporate Office K & Em Custom ... Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Willoughby
    County
    Lake
    State
    Ohio
    Longitude
    -81.420951
    Latitude
    41.629339

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    FAQs

    What type of property is this?
    Strip mall - Meticulously maintained retail/office asset in the heart of Willoughby, Ohio.
    Where is this strip mall located?
    The property is located at 37111 Euclid Ave Willoughby, OH.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Located in the heart of Willoughby's business district, directly across from a newly constructed national grocery store.; - Property has nine units with six well-established tenants and a newly signed lease.; - Most leases are in place through 2027, providing stable income.
    (440) 462-9577
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    37111 Euclid Ave Willoughby, OH 44094
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    37111 Euclid Ave Willoughby, OH 44094
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