12661 Chillicothe Rd Chesterland, OH 44026-2588
- Retail space
- 1,316 SF
- 0.50 lot acres
Jun 29, 2025
Current Use by Public Records
- VTS Enterprises / General Contractor
- smee spa / Massage Spa
Property Details for 12661 Chillicothe Rd
- Year built
- 1930
- Lot size
- 0.50 lot acres
- Property size
- 1,316 SF
- Property type
- Retail space
- APN
- 11-292310
- APU
- 11292310
Description
This exceptional Chesterland, Ohio property presents a unique investment opportunity encompassing a diverse portfolio of assets. Situated on a 0.83-acre lot (162x276 dimensions) at 12661 Chillicothe Road, this mixed-use property boasts a total of 3,572 square feet and includes a former restaurant space (available for lease or occupancy), two one-bedroom apartments, and a freestanding building. The property also features a 200 square foot kitchen, ideal for a cafe or restaurant concept. The main building was constructed in 1930 and benefits from General Commercial zoning, with two apartments grandfathered in. Utilities include public sewer, private water, and baseboard, gas, hot water, and steam heating. Cooling is provided by wall units. The property also includes a full or partial unfinished basement and outside parking. The asking price is $400,000, translating to $111.98 per square foot. This location offers excellent visibility, being adjacent to a township park, and presents a compelling opportunity for owner-users or investors seeking a multi-faceted income stream. Tenant responsibilities include cable TV, electricity, gas, heat, other utilities, sewer, and trash collection. The property's APN is 11-292310 11-292320. This is a net lease property.
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
- Chesterland
- County
- Geauga
- State
- Ohio
- Longitude
- -81.3374
- Latitude
- 41.5244
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
