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    38765-38769 Lake Shore Blvd Willoughby, OH 44095

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    For Sale
    $320,000

    3,785 SF retail/office building with two units for sale.

    Property size:
    3,785 SF
    Lot size:
    0.75 Acres

    Property Features for 38765-38769 Lake Shore Blvd

    General Information

    Size
    3,785 SF
    Lot size
    0.75 Acres

    Source: Global Real Estate Advisors Agent David Sigg, CCIM, Broker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail/Office Space in Willoughby, OH

    This multi-tenant building offers a total of 3,785 square feet of retail and office space. The property is divided into two units. The first unit, located at 38765 Lake Shore Blvd, provides 1,440 square feet and includes a take-out window for customers, one restroom, one three-compartment sink, and one separate hand sink. The second unit, situated at 38769 Lake Shore Blvd, features 2,345 square feet, two restrooms, one three-compartment sink, and one separate hand sink. The property is situated on approximately 0.67 acres, consisting of two parcels, and is zoned R-B, Retail Business District. The zoning permits retail, office, and limited food service uses. The building includes two separately metered units and provides 22 parking spaces. The location offers easy access to SR 2, SR 306, and Lost Nation Rd.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Willoughby
    County
    Lake
    State
    Ohio
    Longitude
    -81.3918662
    Latitude
    41.6980594

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    FAQs

    What type of property is this?
    Retail space - 3,785 SF retail/office building with two units for sale.
    Where is this retail space located?
    The property is located at 38765-38769 Lake Shore Blvd Willoughby, OH.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - Two separately metered units offer flexibility.; - 22 parking spaces available for customers and staff.; - Permitted uses include retail, office and limited food service.
    (440) 668-3300
    Request Owner's contact information
    38765-38769 Lake Shore Blvd Willoughby, 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
    38765-38769 Lake Shore Blvd Willoughby, OH 44095
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