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    1366 346Th St Eastlake, OH 44095

    Sponsored
    For Sale
    $350,000

    Versatile Commercial Building, Prime Location

    Property size:
    6,659 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 6,659 square foot commercial property, situated on a half-acre lot at 1366 E 346th Street in Eastlake, Ohio, presents a remarkable investment opportunity. Currently configured as a thriving wellness center and yoga studio, the building boasts multiple private rooms ideal for generating rental income, complemented by a large, adaptable open area. This flexible layout allows for a wide range of uses, including office space, creative studios, retail establishments, or professional services. The property's strategic location just off Vine Street ensures high visibility and accessibility, contributing to its strong income potential. The building is well-maintained and offers a versatile design, making it an attractive proposition for both entrepreneurs seeking to establish a new venture and investors looking to expand their portfolio. The property's current setup demonstrates its capacity for generating revenue, while its adaptable design allows for seamless transformation to suit diverse business needs. This is a rare opportunity to acquire a well-located, versatile commercial space with significant upside potential in a desirable Eastlake neighborhood. The asking price is $350,000. Don't miss this chance to secure a property with endless possibilities.

    Property Features for 1366 346Th St

    General Information

    Property type
    Retail properties
    Square Feet
    6,659 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1994
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Eastlake
    County
    Lake
    State
    Ohio
    Longitude
    -81.44215
    Latitude
    41.64321

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    FAQs

    What type of property is this?
    Retail property - Versatile Commercial Building, Prime Location
    Where is this retail property located?
    The property is located at 1366 346Th St Eastlake, OH.
    What is the asking price?
    The asking price for this property is $350,000.
    (888) 974-7253
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    1366 346Th St Eastlake, OH 44095
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    Eastlake, OH 44095
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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
    1366 346Th St Eastlake, OH 44095
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