36099 Euclid Ave, Willoughby, OH 44094-4685
- Retail space
- 9,200 SF
- 1.18 lot acres
Current Use by Public Records
- Panera Bread / Cafe & Coffee Shop
- Square One Nails and Spa / Nail Salon
Property Details for 36099 Euclid Ave
- Year built
- 1997
- Lot size
- 1.18 lot acres
- Zone code
- SC-B
- Property type
- Retail space
- APN
- 27-A-013-0-00-027-0
- APU
- 27A0130000270
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 29, 2018 | — | Hollywood-beidler LP Ltd | — | Deed · related | $875k · Home Federal S&l Assn/niles |
| Feb 22, 2008 | — | Hollywood Beidler LP Ltd | Hollywood Beidler LP Ltd | Quit Claim Deed · related | $1.1M · Tristate Capital Bank |
| — | — | Hollywood-beidler LP Ltd | — | Deed Of Trust · related | $875k · Home Federal S&l Assn/niles |
Description
Willo Corner Plaza, located at 36099 Euclid Ave, Willoughby, OH 44094, offers a prime retail opportunity in a high-traffic convenience center. This Class B property boasts a total of 9,200 square feet, divided into five suites. Currently, 7,200 square feet is available for lease, with spaces ranging from a minimum of 1,918 square feet to a maximum contiguous space of 9,200 square feet. The property is ideally situated across from University Hospitals Lake West Medical Center, ensuring high visibility and foot traffic. Its convenient location also places it near major retailers such as Target, Giant Eagle, Regal Cinema, and Lowe's, further enhancing its appeal to potential tenants. The site features robust 400 amp electrical service and offers convenient through-access to neighboring commercial centers, providing excellent accessibility and potential for synergistic business relationships. This property presents a unique opportunity for businesses seeking a well-located, versatile retail space in a thriving Willoughby, Ohio community. The property is in Lake County and near the intersection of Euclid Ave and Beidler Rd.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,440,000
- 6.5%
- $1,325,000
- 7%
- $1,230,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,041,000
- AI Estimate
- $751,000
Market price range: $388k - $1.17MMarket price range: $221k - $912k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $720,000 Current use
- RESTAURANT
- $1,320,000 Change: +83% Conversion: Easy
- AUTO REPAIR, GARAGE
- $770,000 Change: +7% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $740,000 Change: +3% Conversion: Easy
- MEDICAL BUILDING
- $645,000 Change: -10% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Willoughby
- County
- Lake
- State
- Ohio
- Longitude
- -81.4314
- Latitude
- 41.6272
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
