3690 Orange Pl, Beachwood, OH 44122

Building Details

Year Built

1974

Listing office Cushman & Wakefield CRESCO Real Estate

Listing date Apr 7, 2022

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield CRESCO Real Estate

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Overview

Orangewood Place Medical Building, constructed in 1974 and renovated between 2017-2023, is located at 3690 Orange Place in Beachwood, Ohio. This medical office building has direct highway (I-271) exposure in Cleveland's east side suburb of Beachwood, Ohio. The 128,729 square foot property is home to a variety of medical occupiers and professional service companies. The property features a surface lot with 414 spaces and a 150-car underground parking garage. The building has a 5-story central glass atrium which connects the two sides of the building, allowing natural light into the common areas and providing entrances from the east and west ends of the property. The property is located near Pinecrest, a $250 Million Dollar mixed-use development. Tenants include dentists, oral surgeons, eye doctors, primary care physicians, mental health service providers, and behavioral health specialists. The building is currently 88% occupied. The roof was replaced in 2017, and the parking garage was stabilized and waterproofed in 2018. Common area restrooms, the lobby, parking lot, and lighting have been improved.

Suggested Use

Auto Parts Store HVAC Service Grocery & Convenience Store Storage Facility Catering Service Tanning Salon Restaurant Wine and Liquor Store Bed & Breakfast Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Beachwood

County

Cuyahoga

State

Ohio

Longitude

-82.0152486

Latitude

41.4697633

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FAQs

What type of property is this?

Medical Office Space - Medical office building in Beachwood, Ohio, with highway exposure.

Where is this medical office space located?

The property is located at 3690 Orange Pl Beachwood, OH.

What is the asking price?

The asking price for this property is $12,750,000.

What are key features of this property?

This property features: Prime location in affluent Beachwood, Ohio, with direct highway (I‑271) exposure.; Significant recent renovations (2017‑2023) including new elevators and roof.; High occupancy rate (88%) with upside potential to increase income.