Current Use by Public Records
- Specialty properties
Property Details for 3637 State Route 5
- Lot size
- 0.46 lot acres
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional commercial property, located at 3637 State Route 5 in Cortland, Ohio (zip code 44410), presents a compelling investment opportunity. Situated on a 0.459-acre lot, this special-purpose property boasts a prime location near the intersection of State Route 5 and State Route 46, adjacent to a McDonald's. The property currently houses four long-term tenants within a 1500 square foot space, offering immediate rental income. An additional 1500 square feet is available for lease, presenting a significant opportunity to increase revenue streams. Recent improvements include a new roof, exterior updates, skylights, and new flooring throughout most of the building. Interior upgrades also include the installation of chair lifts. This well-maintained building offers a turnkey investment opportunity with strong existing tenancy and significant potential for future growth. The property is ready for immediate occupancy and offers a high return on investment. This is an exceptional opportunity for investors seeking a stable and profitable commercial property in a high-traffic location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cortland
- County
- Trumbull
- State
- Ohio
- Longitude
- -80.7323
- Latitude
- 41.3175
