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940 Babbitt Rd Euclid, OH 44123

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For Sale
$3,400,000

27,192 SF former car dealership on 5.6 acres for sale.

Property size:
27,192 SF

Property Features for 940 Babbitt Rd

General Information

Standard status
Active
Size
27,192 SF

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Listing Contact
Joseph Khouri
Joseph Khouri
Source: Cbre

Listing Agency: CBRE | Cleveland Listing Agent: Joseph Khouri

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

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Overview

Former Car Dealership on Highway

This 27,192 square foot property on 5.6 acres is a former car dealership. The building features concrete block knee-walls, concrete block fire walls, square cut concrete block exterior walls, and steel stud and glass split face block curtain walls in the showroom and general office areas. The foundation consists of continuous reinforced concrete trench footers, and the framing includes steel columns and girders. The showroom and office areas have an approximate clear ceiling height of 10 feet, while other areas have heights between 10 and 12 feet with finished ceilings. Exterior walls are constructed with metal panel facia and storefront, painted square cut concrete block, split face block, and aluminum framed thermopane glass curtain walls. The roof structure is a standing seam painted steel roof with a metal panel cover. The service area is heated by a mezzanine-mounted gas-fired forced air furnace with a make-up air unit, supplemented by suspended gas-fired radiant units. The showroom and general office area are heated by a mezzanine-mounted gas-fired forced air furnace with two air handling units and three exterior cooling condensers. The property is zoned U4 Retail and Services and has approximately 800 feet of frontage along Babbitt Road and 530 feet along Lakeland. The location has high traffic counts, with 106,839 vehicles per day on Route 2 and 9,806 vehicles per day on Babbitt Road. The site is located across from a new 600,000+ square foot Amazon distribution center and Lincoln Electric, at the gateway to the Euclid industrial market, which has a total of 12.2 million square feet with a 1.8% vacancy rate. The surrounding submarket is densely populated with 77,969 residents within a 3-mile radius and a daytime population of 73,700.
Location Intelligence

Current Use by Public Records

Showrooms

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

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

Similar Places Nearby

U-Haul Neighborhood Dealer

Location Insight

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  • Local Demand
City
Euclid
County
Cuyahoga
State
Ohio
Longitude
-81.5150582
Latitude
41.5950879

FAQs

What type of property is this?
Automotive property - 27,192 SF former car dealership on 5.6 acres for sale.
Where is this automotive property located?
The property is located at 940 Babbitt Rd Euclid, OH.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: - High Traffic Counts: See over 106,000 vehicles per day on Route 2.; - Strategic Location: Located across from the new Amazon distribution center and Lincoln Electric.; - High Visibility: Highway visible with frontage along Babbitt and Lakeland.
More about this property
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