Commercial Real Estate for Sale at 2221 Brookpark Road in Parma, OH for $399,900

2221 Brookpark Road | Parma

$399,900 | 0.0 Sq. Ft.

DON\u0027T MISS THIS COMMERCIAL TRIPLE NET (NNN) ALL BRICK 2 STORY INVESTMENT !!\r\nThis 2 story sits on one of Cleveland\u0027s highest traffic streets. Great visibility !\r\n\r\nThis property boasts - 2 suites w/ ~10,800 \u002B sq feet retail/office and 3500\u002B sq feet open storage space in basement accessed by main floor unit and includes 6 off street parking spaces up front. \r\n\r\nThis fully occupied turn key investment is triple Net tenancy with $4,100 Mo/ $49,200 Annual Income. \r\nThis low - to no maintenance asset is prime to add value and cash flow to your portfolio at nearly a 9 Cap return. \r\n\r\nOccupants: \r\nMain Floor - Liquidation Company has been in business for 10 \u002B years and uses the space for warehousing only. \r\n2nd Floor - A well established and growing commercial photography / digital imaging company. \r\nProperty Taxes - $3,743 Annually - \r\nInsurance $1743 Annually \r\n\r\nEach occupant has a the balance of their two year lease with 2 year option add on. \r\nTenants pay for all utilities and maintenance. \r\nDeposits for all units MLSNow 5099911

Directions to property: Near the corner of Brookpark \u0026 Broadview.

MLS Listing ID: 
MLSNow 5099911
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$399,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Retail
Primary Market Area: 
Parma
Address: 
2221 Brookpark Road, Parma, OH 44134
County: 
Cuyahoga
Latitude: 
41.4192481
Longitude: 
-81.6975907
Directions: 
Near the corner of Brookpark \u0026 Broadview.
Public Remarks: 
DON\u0027T MISS THIS COMMERCIAL TRIPLE NET (NNN) ALL BRICK 2 STORY INVESTMENT !!\r\nThis 2 story sits on one of Cleveland\u0027s highest traffic streets. Great visibility !\r\n\r\nThis property boasts - 2 suites w/ ~10,800 \u002B sq feet retail/office and 3500\u002B sq feet open storage space in basement accessed by main floor unit and includes 6 off street parking spaces up front. \r\n\r\nThis fully occupied turn key investment is triple Net tenancy with $4,100 Mo/ $49,200 Annual Income. \r\nThis low - to no maintenance asset is prime to add value and cash flow to your portfolio at nearly a 9 Cap return. \r\n\r\nOccupants: \r\nMain Floor - Liquidation Company has been in business for 10 \u002B years and uses the space for warehousing only. \r\n2nd Floor - A well established and growing commercial photography / digital imaging company. \r\nProperty Taxes - $3,743 Annually - \r\nInsurance $1743 Annually \r\n\r\nEach occupant has a the balance of their two year lease with 2 year option add on. \r\nTenants pay for all utilities and maintenance. \r\nDeposits for all units
Community Information
School District: 
Parma CSD - 1824
Subdivision: 
Brookview
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1955
Living Area: 
0.0
Basement: 
Full,Concrete,Unfinished
Construction
Foundation Details: 
Basement,Block
Roof: 
Asphalt,Rolled/Hot Mop
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Lot Features
Parking Type: 
Concrete,On Site,Paved,Parking Lot,Private
Total Parking Spaces: 
6
Public Record
Parcel Number: 
445-01-036
Annual Tax: 
$3,743.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
James P Matheos
Listing Co-Agent Name: 
Debbie S Matheos
Listing Office Name: 
Keller Williams Citywide
Listing Co-Office Name: 
Keller Williams Citywide

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