260 Bridge Rd - R&D FOR SALE


Lakeside Marblehead, OH 43440
$1,600,000 USD
440-255-5500
260 Bridge Rd, Lakeside Marblehead, OH for Sale
$1,600,000 USD
R&D - FOR SALE
1/30
null | Request Cap Rate

260 Bridge Rd
Lakeside Marblehead, OH 43440


HIGHLIGHTS

  • Grandfathered Master Plan with Zoning, ability to build storage condos and retail building
  • Located on the main corridor into Vacationland and the Ohio Islands
  • 2.35 Acres with 3000 sq ft building

OVERVIEW

Commercial opportunity in the heart of Vacationland! This 2.35 acre parcel and 3000 sq ft building sit on the main corridor into the Marblehead Peninsula, East Harbor State Park, and ferry service to Kelleys Island. The value here sits not only in the current building and land, but also in the master plan currently on file with Danbury Township that will allow construction of several storage condos and retail building frontage. With new storage condo restrictions recently adopted in Danbury Township, this 'grandfathered' property is a great opportunity for the savvy investor or developer who is looking to position themselves in this growing area directly on main thoroughfare SR-269. The current building contains a loft, full kitchen, full bathroom with steam shower, and a concrete back patio. Storage shed in rear. Building heating is gas, in-floor radiant. 200A electric service. Hookups for welder and RV. Overhead doors 16x16 and 16x8. Air compressor and loft shelving negotiable. 162 feet of street frontage on 269 near the police station. Master plan includes potential storage condominium footage up to 18,000 square feet in addition to current 3000 sq ft building. (Example: 6- 3000 sq ft units, 12- 1500 sq ft units, etc). Also included in the master plan is 6000 square feet of retail/shopping that could be constructed along the front of the parcel. Master plan photo included for reference. Timeline restrictions apply for permits and applications with the township, inquire with agent for details. This is a great candidate for storage, marine, shopping, retail, restaurant, etc. Zoned C2. Reference Danbury Township zoning resolution for allowed uses. The largest campground in Ohio (East Harbor) has 600+ campsites and is full many weekends throughout summer. This road is a main entry point for campers, travelers, tourists, boaters, and residents coming from Route 2 onto the peninsula and to ferry service to the islands. This unique offering is ready for your vision.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$533 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

260 S. Bridge Road.

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

C2

APN/PARCEL ID

014-1164115578005

ASK ABOUT THIS PROPERTY

Jeffrey BrowerKeller Williams Greater Cleveland NortheastMore Info
440-255-5500

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Jeffrey BrowerKeller Williams Greater Cleveland NortheastMore Info
440-255-5500

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