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

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