$900,000

About this home

North Randall Village • 10,455 SF freestanding building • 3 units • 8 drive-in doors • Repair shop 7 bays • Body shop with deluxe spray booth • High-visibility Monument sign on Northfield Rd • Approx 50 parking spaces. Located on Northfield Rd just south of Emery, 4635 Northfield Rd in North Randall offers a turn-key automotive and flexible commercial setup for an owner-operator or investor, with convenient access to Greater Cleveland amenities, freeway routes, shopping, and dining. Total 10,455 SF on 1.26 acres with approx 900 SF office and three separately metered units, each with its own HVAC. Auto repair area features 7 service bays with seven 10x10 overhead doors, epoxy floors, reception/customer area, and equipment and lift purchase or business assumption potential. Body shop area includes a 14x14 rear drive-in door plus a deluxe spray booth with fire suppression and ventilation systems, with optional equipment and business assumption. Front retail/office space is currently occupied by a place of worship tenant. Current income profile supports owner-use with upside: church lease approx $3,200 per month, and the auto repair space is also offered for lease at $4,500 per month, or $7,000 per month including the body shop. Auto-related units can remain as rentals on month-to-month terms, targeting an approximate 10% cap rate based on current rents. Owner pays water/sewer with each unit reimbursing one-third of the bill. Monument signage and building signage opportunities available. Seller will consider lease option or creative terms with acceptable structure.

Property details

MLS #

5192796

Property type

Retail

Subdivision

North Randall Land Co 01

Status

Active

Days on market

92

On market date

N/A

Stories

1

Garage spaces

N/A

Lot size

1.263 acres

Nearby schools

Within 10 miles · public school directory data (NCES)