Listing Agency: Passov Real Estate Group Show Phone

Listed By: Hanna Trolli Show Phone

Source: Moodyscre

Added: Jun 11 Changed: Sep 12 Last Checked: Sep 13 at 6:03AM

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Investment Insights

Based on property information with market context.

3401 Richmond Rd is a suburban office building offered for sale in Beachwood, Ohio. The property totals 16,257 square feet, providing an established commercial footprint within a developed retail and residential area.

The site is positioned in the heart of Beachwood and is approximately 11 miles east of downtown Cleveland. Public remarks note quick access to I-271 and major arterials.

The surrounding area is described as having strong local economic conditions and a desirable real estate market, with nearby shopping and dining at Beachwood Place and Pinecrest, along with parks and green spaces.

Key Highlights

• Office building for sale at 3401 Richmond Rd in Beachwood, Ohio
• Located about 11 miles east of downtown Cleveland
• Quick access to I‑271 and major arterials

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Locksmith HVAC Service

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

1,615

Businesses Nearby

Explore this area Business Placement

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

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

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Frequently Asked Questions

What type of property is this?

Office building - Office building offered for sale in Beachwood, Ohio, with quick access to I-271 and major arterials.

Where is this office building located?

The property is located at 3401 Richmond Rd Beachwood, OH.

What are key features of this property?

This property features: Office building for sale at 3401 Richmond Rd in Beachwood, Ohio; Located about 11 miles east of downtown Cleveland; Quick access to I‑271 and major arterials