24300 Chagrin Blvd, Beachwood, OH 44122
For Lease
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This exceptional three-story office and retail building, located at 24300 Chagrin Blvd in Cuyahoga County, presents a compelling investment opportunity. The 26,903 square foot building, constructed in 1971 of masonry, boasts a Class B rating and is currently fully leased. The property sits on a 1.102-acre lot and features convenient access to Interstate 271, enhancing its appeal to both tenants and investors. The building includes an elevator for easy access to all three floors. Ample parking is provided with 88 total spaces, including 75 free surface parking spaces. The zoning designation is U-7A. Currently, one retail space of 1,165 square feet is available. The building's multiple tenancy structure offers diversification and potential for future income growth. The property's APN is 74225013. This well-maintained building represents a solid investment in a desirable location with strong potential for long-term returns. The building's solid construction and convenient location make it an attractive option for a variety of businesses. The availability of a retail space presents an immediate opportunity for additional income generation. This property is an excellent choice for investors seeking a stable, income-producing asset in a thriving market.
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-7A · 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.