4367 Rocky River Dr - Medical FOR SALE


Cleveland, OH 44135- Kamm's Corners
$585,900 USD
216-317-3463
4367 Rocky River Dr, Cleveland, OH for Sale
$585,900 USD
Medical - FOR SALE
1/14
null | 11.51% Cap Rate

4367 Rocky River Dr
Cleveland, OH 44135
Kamm's Corners


HIGHLIGHTS

  • Prime location in West Park~2 miles from Cleveland Hopkins Airport
  • Tenant Occupied immediate cash flow
  • Ample Parking 30+ spots
  • Corner property easy accessibility from all major highways
  • 12% Cap

OVERVIEW

Exceptional investment opportunity in Cleveland's highly sought-after Kamm's Corners district. Ideally positioned just 2 miles from Cleveland Hopkins International Airport, this fully occupied office building offers immediate cash flow with four renovated office suites, all secured by long-term tenants. Designed for passive ownership, the property has been well maintained with improvements completed within the last five years, including a new roof, updated windows, carpeting, and AC system. Ample on-site parking in both front & rear lots, along with adjacent street parking, provides convenience for tenants and visitors alike. With strong visibility, a proven occupancy history, and an attractive 12% cap rate, this turnkey asset presents a rare opportunity to acquire a stabilized income-producing property in one of Cleveland's most desirable commercial corridors.

FOR SALE DETAILS

PRICE

$585,900 USD

PRICE/SF

$94 USD /SF

CAP RATE

11.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sebastian Gray Square

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

COM

APN/PARCEL ID

027-12-005

ASK ABOUT THIS PROPERTY

Chrissy KovandaBerkshire Hathaway Professional RealtyMore Info
216-317-3463

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Chrissy KovandaBerkshire Hathaway Professional RealtyMore Info
216-317-3463

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