Property summary
This exceptional Beachwood, Ohio office property, known as Mercantile Business Park, offers a prime location at 23645 Mercantile Rd, 44122, within the desirable Beachwood submarket of Cuyahoga County. The property encompasses a total of 86,000 square feet and features a blend of executive office and open bullpen/showroom spaces, ideal for a variety of business needs. Currently, there are two suites available, with a minimum divisible space of 9,000 square feet and a maximum contiguous space of 16,360 square feet. A total of 25,360 square feet is currently vacant, presenting a significant opportunity for expansion or relocation. Built in 1975, the property sits on a 2.32-acre lot and includes one loading dock, catering to efficient logistics. The property's classification as both office and industrial makes it versatile and suitable for a range of businesses. This is a multi-tenant building offering flexible space options to accommodate diverse business requirements. The property's strategic location in Beachwood offers excellent access to major transportation routes and amenities, making it an attractive option for businesses seeking a high-profile address. Inquire today to explore the leasing opportunities available at this well-situated and versatile commercial property.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
It is the intent of this Chapter (Class U-8 District) to provide for and encourage the reuse and redevelopment of the existing industrial park as a High-Density Mixed-Use Development District in order to create jobs and…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
U-8 · Beachwood, OHIt is the intent of this Chapter (Class U-8 District) to provide for and encourage the reuse and redevelopment of the existing industrial park as a High-Density Mixed-Use Development District in order to create jobs and…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
It is the intent of this Chapter (Class U-8 District) to provide for and encourage the reuse and redevelopment of the existing industrial park as a High-Density Mixed-Use Development District in order to create jobs and…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for U-8 in Beachwood, OH.
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