Listing Agency: Passov Real Estate Group Show Phone

Listed By: Hanna Trolli Show Phone

Source: Moodyscre

Added: Jun 11 Changed: Oct 26 Last Checked: Oct 28 at 11:20AM

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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

Who owns this building? See the owner, sales and loan history

Open Analytics

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