27691 Euclid Ave Euclid, OH 44132-3550
- Office buildings
- 19,548 SF
- 0.93 lot acres
Aug 21, 2024
Current Use by Public Records
- Office buildings
Property Details for 27691 Euclid Ave
- Year built
- 1963
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.93 lot acres
- Property size
- 19,548 SF
- Zone code
- U4
- Property type
- Office buildings
- APN
- 648-30-009
- APU
- 64830009
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Euclid
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.4917
- Latitude
- 41.5948
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
