$1,700,000
About this home
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!
Property details
- MLS #
- 5087351
- Property type
- Retail
- Subdivision
- Hamann Indust Park Sub
- Status
- Active
- Days on market
- 508
- On market date
- N/A
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.81 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 553
- Student:teacher ratio
- 15.4:1
- District
- Willoughby-Eastlake City
- Enrollment
- 565
- Student:teacher ratio
- 13.8:1
- District
- Willoughby-Eastlake City
- Enrollment
- 1,091
- Student:teacher ratio
- 18.8:1
- District
- Willoughby-Eastlake City
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated April 22, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.