111 Front St Berea, OH 44017
- Retail properties
- 0.34 lot acres
Current Use by Public Records
- CPL: Architecture – Engineering – Planning / Architecture Firm / Civil Engineer
Property Details for 111 Front St
- Lot size
- 0.34 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berea
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.8534
- Latitude
- 41.3684
