3210 65th St, Unit 3230 Cleveland, OH 44102-5510
- Grocery and convenience stores
- 38,707 SF
- 4.18 lot acres
Current Use by Public Records
- Aetna A1 Parts & Wrecking / Auto Parts Store
Property Details for 3210 65th St
- Year built
- 1978
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 4.18 lot acres
- Property size
- 38,707 SF
- Zone code
- SC
- Property type
- Grocery and convenience stores
- APN
- 016-04-006
- APU
- 1604006
Description
This established auto recycling business in Cleveland, Ohio, presents a fantastic owner-user investment opportunity. The property encompasses two buildings totaling 9,702 square feet situated on a 5.3-acre commercial corner lot with excellent frontage on E 65th Street and Bessemer Avenue. Included in the sale are over $200,000 worth of inventory, consisting of cars, parts, a tow motor, and a work truck. The business boasts a strong track record, selling parts nationwide, generating a Net Operating Income (NOI) of $192,552 and a 17.50% cap rate. The asking price is $1,100,000. The property's APN is 125-07-007. An additional small building and fenced parking lot are located on a separate parcel across Bessemer Avenue. The current owner is retiring and will provide training to the new owner. Proof of funds is required to view the property and financial information. This is a profitable, turnkey operation ready for a new owner-operator. The property is classified as industrial, with subtypes including distribution, flex, and warehouse space.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.731
- Latitude
- 41.4663
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
