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Property profile & analytics
FOR LEASE
Manufacturing properties

357 Washington St Chardon, OH 44024

78,166 SF 2.4 ac lot Built 1961
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US66-0426798
Property summary
AI-generated overview

This exceptional property at 357 Washington Street in Chardon, Ohio, offers 16,000 square feet of versatile commercial space, currently fully vacant and ready for immediate occupancy. The building features a blend of executive office space and warehouse facilities, making it ideal for a variety of businesses. The two-story structure provides a minimum of 8,000 square feet of divisible space, with a maximum contiguous space of 8,000 square feet. This allows for flexibility in tenant needs, accommodating both smaller and larger businesses. The building boasts one convenient drive-in bay for easy loading and unloading of goods, enhancing operational efficiency for warehouse operations. The second floor offers creative office space, perfect for businesses seeking a modern and inspiring work environment. Located in Chardon, Ohio, 44024, this property benefits from excellent accessibility and visibility. The property's total square footage is 16,000 square feet, providing ample room for growth and expansion. This is a rare opportunity to secure a substantial and adaptable commercial space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1961
Total area 78,166 SF
Lot 2.4 ac (104,544 SF)
APN 10-027100
UPID US66-0426798
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$935k
Owner & transaction history
Chardon Real Estate LLC · 4 yrs held
Chardon Real Estate LLC
since 2021
Last sale
$800,000
2 recorded transactions
2021
$800,000
2001
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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