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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

111 Front St Berea, OH 44017

0.34 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 111 Front Street in the heart of downtown Berea, Ohio, presents a unique investment opportunity. The 0.34-acre lot features three distinct commercial spaces, all currently occupied by established businesses. The ground floor boasts two retail storefronts. Storefront A encompasses 2,100 square feet on the main level, complemented by an additional 1,880 square feet of basement space, currently leased to Luna Marketing. Storefront B, also on the ground floor, offers 2,296 square feet and is currently occupied by Quadstar Computers. The second floor comprises a substantial 4,300 square feet, currently leased to an architecture firm. This tenant also utilizes an additional 2,100 square feet of basement storage. The building is exceptionally well-maintained, featuring updated windows and flooring, and includes a kitchen. Its prime downtown Berea location offers excellent visibility and foot traffic, with easy access to numerous shops and restaurants. The asking price for this multi-tenant property is $1,350,000. This presents a strong potential for income generation and future appreciation in a thriving Ohio community. The property is zoned for commercial use and offers significant potential for redevelopment or continued operation as a multi-tenant building. The building's strong structural integrity and existing tenant base make this a compelling investment opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.34 ac (14,810 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CPL: Architecture – Engineering – Planning Landscape Architect Structural Engineer
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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