23205 Mercantile Rd 23221 Beachwood, OH 44122-5911
This exceptional 1,830 square foot commercial property, located in Beachwood, is ideally suited for medical office or other commercial uses. Currently available for lease as a single, contiguous space, this property offers significant flexibility for a variety of businesses. The entire 1,830 square feet is vacant and ready for immediate occupancy. The building's classification includes both retail and office space, indicating its versatility and potential for diverse uses. The property's size makes it suitable for a single tenant seeking a substantial footprint or a business requiring a large, open floor plan. Given the "multiple tenancy" designation, the property may have previously accommodated multiple tenants, suggesting adaptable interior layouts. The lack of further building highlights or investment details indicates a clean slate for potential lessees to customize the space to their specific needs. This presents a unique opportunity to establish a prominent presence in a desirable location. Interested parties are encouraged to inquire further to explore the possibilities this versatile property offers. The property is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
U-8 · Beachwood, OHBeachwood. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.