Chesterland, OH 44026,11630 Chillicothe RD
Chesterland, OH 44026,11630 Chillicothe RD
Chesterland, OH 44026,11630 Chillicothe RD
35
$1,320,000
$1,400,000
5.7%
Est.Price: ?

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11,670 SqFt

11630 Chillicothe RD Chesterland, OH 44026

Est. payment /mo
SOLD DATE : 03/07/2024

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Key Details

Sold Price $1,320,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 11,670 sqft

Price per Sqft $113

Subdivision Tract 1

MLS Listing ID 4497616

Sold Date 03/07/24

HOA Y/N No

Abv Grd Liv Area 11,670

Year Built 1988

Annual Tax Amount $22,880

Lot Size 6.050 Acres

Acres 6.05

Property Sub-Type Office

Property Description

Don't miss this opportunity to own a fully occupied 6 acre prime corner commercial property, in the heart of Chesterland, with plenty of room for expansion! See supplements for a list of over $225k in updates over the last 3 years as well as lease agreements and P&L's. Nothing left to do, but take in cash flow with a 9.75 Cap Rate! The building offers 11,670 sq ft and an additional outbuilding with 1,800 sq ft of warehouse space with 3 garage doors. The office building is currently divided by 3 companies, grossing approximately $15,300/month. The main building provides plenty of office space, several training/conference rooms, 2 kitchen areas, laundry, a large open meeting area with new epoxy coated floors, a back dock level loading door, and two sets of shared bathrooms. Separate entryways for all 3 businesses. Tenants are responsible for gas, electric, cable/internet, and one tenant currently pays all of trash bill. Owner responsible for property insurance, landscaping/snowplowing and any septic/well expenses. The building has magnetic keypad doors with a tracking system, and is surrounded with security cameras that stay (monitored by owner via app) and tons of new LED lights both interior and exterior. Plenty of private parking for staff and guests. Schedule a showing today!

Location

State OH

County Geauga

Rooms

Other Rooms Barn(s)

Basement None

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features On Site, Outside, Paved

Water Access Desc Private

Roof Type Asphalt,Fiberglass

Building

Story 1

Sewer Private Sewer

Water Private

Additional Building Barn(s)

Schools

School District West Geauga Lsd - 2807

Others

Tax ID 11-237500

Security Features Security System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by Jamie L Iannetta • Keller Williams Greater Metropolitan • (216) 839-5500 klrw297@kw.com
Bought with Non-Member Non-Member • Non-Member

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agent

Derek Villers

REALTOR/Salesperson | License ID: WVS200301302

+1(304) 532-4907

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