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Beachwood Office Complex For Sale
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23775 Commerce Park, Beachwood, OH 44122

Well-maintained office complex in established commerce park.

Property Size19,622 SF
Lot Size1.79 Acres
Price / SF$89.19
Days on Market158

Property Features for 23775 Commerce Park

General Information

Standard status Active
Size 19,622 SF
Class C
Lot size 1.79 Acres
Property subtype Office
Zoning U-8
Occupancy 88%
Lease Type Modified Gross
Investment Type Owner/User

Building Details

Year Built 1985
Units 8
Tenancy Multi
Listing Agency: Platz Realty Group
Listed By: Shea MacMillan · License #SAL.2023005004
Source: Crexi
Added: May 13 Changed: Oct 15 Last Checked: Oct 16 at 6:18AM

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 Platz Realty Group

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Investment Insights

Based on property information with market context.

This well-maintained office complex is located at 23775 Commerce Park in Beachwood, OH. The property consists of 18,000 square feet of office space situated on a 1.79-acre lot. The complex is currently 88% occupied and features a recently renovated suite available, offering 2,150 square feet. The property is positioned in an established commerce park within Beachwood. With its existing occupancy and available suite, this property may be suitable for an owner/operator seeking passive income.

Key Highlights

  • Excellent location in Beachwood's most established commerce park.
  • Well‑maintained 18,000 SF office complex on 1.79 acres.
  • 88% occupied, providing passive income potential.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Grocery & Convenience Store Storage Facility HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

Demographics for 44122, OH

36,268
Population
17,795
Households
2
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
2,901
Density / Sq Mi
$97,469
Median Household Income
$58,334
Median Earnings
$1,509
Median Rent
$304,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office complex in established commerce park.
Where is this office building located?
The property is located at 23775 Commerce Park Beachwood, OH.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Excellent location in Beachwood's most established commerce park.; Well‑maintained 18,000 SF office complex on 1.79 acres.; 88% occupied, providing passive income potential.
(330) 757-4889 Call to check price and availability
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