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    Chagrin Falls Office/Retail Space Title is generated by Realmo AI

    200-285 Park Pl, Chagrin Falls, OH

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    Office/retail space east of Downtown Chagrin Falls with parking.

    Type:OFFICE
    Property size:
    600 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $141/SF
    Added:
    Nov 24, 2025
    Days on Market:
    225
    Last Refresh:
    Jun 30 at 2:54 am

    Property Features for 200-285 Park Pl

    General Information

    Standard status
    Active
    Size
    600 SF
    Lot size
    0.12 Acres
    Property subtype
    OFFICE

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    Mike Ferrante
    Mike Ferrante

    Listing office LPT Realty

    Listing date Nov 24, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty

    HighLights

    • Prime location just east of Downtown Chagrin Falls.
    • Ample parking available.
    • Option for owner‑financing or rent‑to‑own.
    • Private entrance.
    • Includes lots of cabinets and counter space.
    • Separate storage room.

    Overview

    This 600-square-foot office/retail space is located just east of Downtown Chagrin Falls. The property features a private entrance and ample parking. Inside, there are numerous cabinets and counter spaces, along with a separate storage room. The property is suitable for any kind of office or small business and is available immediately.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $12.9k $21.48
    − Vacancy −$3.1k −$5.13
    EGI $9.8k $16.35
    − OpEx −$2.5k −$4.09
    NOI $7.4k $12.26
    600 SF · lease $21.48/SF/yr · vacancy 23.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $105.1K
    $92.0K – $122.6K (±1% cap)
    NOI $7,356 @ 7.0% cap · market cap 8.65%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $120.9K
    $105.8K – $141.0K (±1% cap)
    NOI $8,460 @ 7.0% cap · market cap 9.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Hair Salon Pharmacy Nail Salon Daycare Center Auto Parts Store Discount Store Cafe & Coffee Shop Bar & Pub Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chagrin Falls
    County
    Geauga
    State
    Ohio
    Longitude
    -81.371841
    Latitude
    41.42704

    FAQs

    What type of property is this?
    Office units - Office/retail space east of Downtown Chagrin Falls with parking.
    Where is this office units located?
    The property is located at 200-285 Park Pl Chagrin Falls, OH.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: Prime location just east of Downtown Chagrin Falls.; Ample parking available.; Option for owner‑financing or rent‑to‑own.
    (216) 373-7727 Call to check price and availability
    More about this property
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