Building Details

Year Built 1954

Year Renovated 1990

Buildings 2

Stories 2

Listing Agency: Global Real Estate Advisors Inc Show Phone

Listed By: David Sigg, CCIM, Broker · License #OH BRK.2014005061

Source: Crexi

Added: Oct 15, 2024 Changed: Aug 28 Last Checked: Aug 29 at 4:39AM

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Investment Insights

Based on property information with market context.

A commercial office building is available for sale. The property is located in Willoughby, Ohio.

Key Highlights

• No property information was provided to extract selling points.

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Garden Center Parking Lot & Garage Florist Daycare Center

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

345

Businesses Nearby

Explore this area Business Placement

Demographics for 44094, OH

37,634

Population

18,323

Households

2.1

Avg Household Size

46

Median Age

39%

College-Educated

95%

High-School Grad

39.7 sq mi

ZIP Area

948

Density / Sq Mi

$76,125

Median Household Income

$49,393

Median Earnings

$1,155

Median Rent

$247,600

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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Office building for sale in Willoughby, Ohio.

Where is this office building located?

The property is located at 38882- 38886 Mentor Ave Willoughby, OH.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: No property information was provided to extract selling points.