16500 Chagrin Blvd Shaker Heights, OH 44120
- Warehouses
- 26,143 SF
Current Use by Public Records
- Ranasinghe Elizabeth S MD / Doctor
- Family Medicine-Occupational / Family Practice Physician / Medical Clinic
- Loving Cup Academy / Day Care Center
- Stephano & Co / Beauty Salon
- Shaker Heights Office / Insurance Attorney
Property Details for 16500 Chagrin Blvd
- Year built
- 1990
- Property size
- 26,143 SF
- Property type
- Warehouses
- Property subtype
- Office Properties & Spaces
Description
This exceptional 26,143 square foot Class B commercial property, situated on 1.5 acres in Cuyahoga County, offers a unique blend of medical office and warehouse space. Built in 1990, the single, two-story building features a convenient drive-in bay and elevator access. Currently, 2,376 square feet of space is immediately available for lease, representing a minimum divisible unit. The property is zoned CM and boasts a desirable location with high traffic visibility, allowing for prominent exterior signage. The available suite, Suite 202, is located on the second floor and includes a private entryway and six exam rooms, making it ideal for a variety of medical practices. Potential tenants will benefit from a rent abatement and a generous tenant improvement allowance, providing an opportunity to customize the space to their specific needs. Further enhancing the property's appeal are planned exterior and landscaping improvements. The building's multi-tenant configuration provides flexibility, with the total building size offering significant expansion potential for growing businesses. This versatile property combines the functionality of a medical office with the added benefit of warehouse/garage space, presenting a rare opportunity in a thriving market.
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
- Shaker Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5654
- Latitude
- 41.4642
