27691 Euclid Ave Euclid, OH 44132-3550
This exceptional investment opportunity presents a substantial 25,308-square-foot retail property situated at 27691-27701 Euclid Avenue in Euclid, Ohio. The property, identified by APN 64830009, boasts a prime location, offering convenient access to I-90 via the Euclid Avenue exit. Built in 1963, this Class B, multi-tenant building comprises a single, two-story structure on a generous 1.87-acre lot. Currently zoned U4, the property offers significant upside potential for investors or owner-occupiers. The building's strong existing income stream provides a solid foundation for future growth. With a total of 25,308 square feet, the property presents a substantial footprint for a variety of uses. The building's history as a free-standing bank adds to its unique character and potential for adaptive reuse. This landmark property represents a rare opportunity to acquire a significant commercial asset in a thriving Euclid location. The asking price is $675,000. Detailed financial information is available upon request.
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
U4 · Euclid, OHEuclid. 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.