Active
37111 Euclid Avenue
Willoughby OH, 44094
$2,200,000
$195.56 per sqft
Active
11,250 sqft
Commercial
Built in 1998
Rare opportunity to add this meticulously maintained retail/office asset, located in the heart of Willoughby, Oh business district, to your portfolio. Situated directly across the street from a newly constructed national grocery, this 11,000+sqft property boasts nine units, occupied by six well established tenants and a newly signed lease from a current tenant. Most leases are in place through 2027. Plenty of room for improvement as current rents are at the low end of market, and can be transitioned into NNN leases. The majority of high ticket Capital Expenditures have already been done in the last five years with; new roof in 2022, new HVAC units from 2017-2021, New front supports in 2023, parking lot in 2021. These opportunities do not come available very often in Willoughby! Add to your portfolio today!
5087351
MLSⓇ ID
December 3, 2024
Listed
December 3, 2024
Updated
Map
37111 Euclid Avenue
Willoughby OH, 44094
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.81 Acres
Sewer
Public Sewer
School Information
School District
Willoughby-Eastlake - 4309
Other Property Details
Taxes
$25,215
Tax Frequency
Annually
Days on Market
4
Garage
No
Parking Total
35
View
No
County
Lake
Municipality
Willoughby
Water Source
Public
Pool
No
Courtesy of Keller Williams Greater Cleveland Northeast
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Michelle Federico shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Yes Multiple Listing Service, Inc. All rights reserved.