Mixed-Use Property With
For Sale
$1,550,000
24945 Detroit Road, Westlake, OH 44145
CommercialSale, Westlake, OH
Property SizeContact for details
Lot Size1.61 Acres
Days on Market75
Property Features for 24945 Detroit Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
108
Parking features
Parking Lot
Subdivision
Westhill Estates 02
Elementary school district
Westlake CSD - 1832
Middle school district
Westlake CSD - 1832
High school district
Westlake CSD - 1832
Directions
Near the intersection of Detroit and Columbia
Standard status
Active
APN
213-24-002
Lot size
1.61 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
66 78 0045 21324020
Tax Annual Amount
18626
Legal Description
66 78 0045 21324020
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1939
Listing Agency:
W.W. Reed And Son
(330) 673-5838
Listed By:
Steve Kuri · License #413271
(330) 281-1815
Added: Jun 9
Changed: Aug 19
Last Checked: Aug 22 at 7:06PM
MLS# 5216123
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Investment Insights
Based on property information with market context.
This mixed-use property occupies 1.61 acres and includes a warehouse area, basement space, two cargo doors, and approximately 108 parking spots. The cargo doors measure 10x10 and 8x10, supporting warehouse operations, while the building is fully sprinklered and heated by forced air. Built in 1939, the property is served by public water and public sewer.
Four tenants currently occupy the property, which carries a 7% cap rate. The warehouse and basement areas are identified for additional rental use. Positioned near the intersection of Detroit Road and Columbia Road, the property offers access to I-90 and is located in Westlake, Ohio.
Four tenants currently occupy the property, which carries a 7% cap rate. The warehouse and basement areas are identified for additional rental use. Positioned near the intersection of Detroit Road and Columbia Road, the property offers access to I-90 and is located in Westlake, Ohio.
Key Highlights
- 1.61‑acre mixed‑use property with warehouse and basement space
- Four current tenants with a 7% cap rate
- Two cargo doors measuring 10x10 and 8x10
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
Explore this area
Business Placement
Demographics for 44145, OH
34,228
Population
15,781
Households
2.2
Avg Household Size
47
Median Age
58%
College-Educated
96%
High-School Grad
15.9 sq mi
ZIP Area
2,153
Density / Sq Mi
$110,101
Median Household Income
$63,385
Median Earnings
$1,480
Median Rent
$336,100
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Sprinklered mixed-use building with warehouse space, basement area, and cargo access.
Where is this mixed-use property located?
The property is located at 24945 Detroit Road Westlake, OH.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 1.61‑acre mixed‑use property with warehouse and basement space; Four current tenants with a 7% cap rate; Two cargo doors measuring 10x10 and 8x10
