23700 Mercantile Rd - Manufacturing FOR SALE


Beachwood, OH 44122
$3,950,000 USD
330-671-6331
23700 Mercantile Rd, Beachwood, OH for Sale
$3,950,000 USD
Manufacturing - FOR SALE
1/28
null | Request Cap Rate

23700 Mercantile Rd
Beachwood, OH 44122


HIGHLIGHTS

  • Very Clean Facility
  • Fully Sprinklered
  • Heavy Power (1200 AMP, 277/488 Volt, 3 Phase, 4 Wire)
  • Great Location

OVERVIEW

Prime Industrial Facility! Situated on 3.81 acres in Beachwood, OH, this 58,241 SF - fully sprinklered (wet) Industrial Warehouse Facility built in 1970 with many improvements since, includes approximately 9,000 + SF of executive, general, and warehouse office sections, 2 conference rooms, multiple cubical areas, large break room, admin/file area, and multiple restrooms. The 49,000 + SF Warehouse section features 6 docks, 1 - 12' wide x 13' high drive in door (with floor drain), forced air and radiant tube heat systems, heavy power (1200 amp, 277 / 480 Volt, 3 phase, 4 wire per face plate), 18' ceiling height (+/-), and 40' x 35' column spacing. In addition, the rear 14,000 SF (+/-) area is currently leased to a gymnastics studio through August 1, 2025 and may stay beyond, subject to Buyer's interest and lease terms. Hurry, this one won't last! Call Scott Thompson, Managing Director of KW Commercial @ (330) 671-6331 for additional information or to schedule a tour. DISCLOSRE: All information contained herein has been obtained from sources believed to be reliable. We have not verified it and make no warranty, guarantee, or representations about it. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

National Biological Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

Lighting - Fluorescent, Heating - Gas

CLEAR CEILING HT

18 Ft

DOCKS

6

DRIVE INS

1

PARKING SPACES

40

LAND DETAILS

LAND ACRES

3.1

LAND SF

135,036

ZONING

Lt Ind

APN/PARCEL ID

742-24-011

ASK ABOUT THIS PROPERTY

Scott R. ThompsonKeller Williams Chervenic CommercialMore Info
330-671-6331

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Scott R. ThompsonKeller Williams Chervenic CommercialMore Info
330-671-6331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.