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Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
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Owner & transaction history
Zoning & alternative use
Buildings and land in a Class U-7A District shall be used and buildings shall be designed, created, altered or intended only for the uses specifically designated as Class U-7A uses in Section 1111.02 , except that other…
Comparables
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
U-7A · Beachwood, OHBuildings and land in a Class U-7A District shall be used and buildings shall be designed, created, altered or intended only for the uses specifically designated as Class U-7A uses in Section 1111.02 , except that other…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Buildings and land in a Class U-7A District shall be used and buildings shall be designed, created, altered or intended only for the uses specifically designated as Class U-7A uses in Section 1111.02 , except that other…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for U-7A in Beachwood, OH.
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