5061 Abbe Rd Sheffield, OH 44035
This 2,300 square foot Class B office building in Sheffield Village, Ohio, is ideally situated near I-90/Detroit Rd., offering easy access to major transportation routes. Built in 2002, this single-story, one-unit property boasts seven private offices, a conference room, break room, multi-purpose room, and two bathrooms, along with a welcoming lobby. The property sits on a 0.07-acre lot (APN: 03-00-001-710-002) and includes ample parking. Recent improvements include a new roof (2024) and upcoming parking lot resurfacing (Fall 2024). The convenient location provides proximity to Starbucks, Lorain Community College, shopping, and restaurants. This owner-user investment opportunity is priced at $295,000 ($128.26/sq ft) and includes seller financing options. Condo association dues are $264/month, covering reserves, landscaping, and snow plowing. Annual property taxes are $5,499.48. Office furniture is available for separate purchase. The property is zoned for office use and is located in a rapidly growing area of Lorain County.
Cap rate
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Property description
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