Freestanding Office and Creative
26633 Detroit Rd Westlake, OH 44145
26633 Detroit Rd, Westlake, OH, 44145
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For Sale
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Turnkey renovated office with first-floor ADA restrooms, private offices, and a lower level with kitchen and bathroom.
Property Size1,833 SF
Price / SF$204.58
Days on Market84
Property Features for 26633 Detroit Rd
General Information
- Standard status
- Active
- Size
- 1,833 SF
- Property subtype
- OFFICE
Listing agency
Green Bridge Real Estate
(216) 469-0030
Listed by
John M. Wagner · License #BRK2010003646
(216) 469-0030
Source
Moodyscre
Added: May 1 Updated: Jul 23 at 5:32AM Checked: Jul 23 at 5:32AM
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 Green Bridge Real Estate
Investment Insights
Based on property information with market context.
This fully renovated, turnkey freestanding property has been converted into an office and creative workspace. The first floor includes two ADA restrooms and two private offices, along with natural light in the open common areas. The layout also allows for flexible use, including the option to create additional private offices or maintain open common space. There is also garage space suitable for a car or storage.
The lower level provides 1,033 square feet and includes a kitchen and bathroom. The property also features landscaping and offers back yard expansion potential.
Overall, the building is set up to support office use with both restroom amenities and a dedicated lower-level kitchen and bathroom, while still offering flexibility in how the open areas can be configured.
The lower level provides 1,033 square feet and includes a kitchen and bathroom. The property also features landscaping and offers back yard expansion potential.
Overall, the building is set up to support office use with both restroom amenities and a dedicated lower-level kitchen and bathroom, while still offering flexibility in how the open areas can be configured.
Key Highlights
- Freestanding office property with landscaped grounds and back yard expansion potential
- First‑floor space includes 2 ADA restrooms and 2 private offices
- Lower level offers 1,033 SF with a kitchen and bathroom
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 | $34.8k | $18.96 |
| − Vacancy | −$8.5k | −$4.65 |
| EGI | $26.2k | $14.31 |
| − OpEx | −$6.6k | −$3.58 |
| NOI | $19.7k | $10.74 |
1,833 SF · lease $18.96/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$281.1K
$246.0K – $328.0K
NOI $19,679 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.47M
$1.29M – $1.71M
NOI $102,808 @ 7.0% cap · market cap 27.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Creative space
Similar For Sale Nearby
FAQs
What type of property is this?
Creative space - Turnkey renovated office with first-floor ADA restrooms, private offices, and a lower level with kitchen and bathroom.
Where is this creative space located?
The property is located at 26633 Detroit Rd Westlake, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Freestanding office property with landscaped grounds and back yard expansion potential; First‑floor space includes 2 ADA restrooms and 2 private offices; Lower level offers 1,033 SF with a kitchen and bathroom
