330-475-5500
8112 Columbia Rd, Olmsted Falls, OH for Sale
Retail - FOR SALE
1/19
null | Request Cap Rate

8112 Columbia Rd
Olmsted Falls, OH 44138


HIGHLIGHTS

  • The largest ownership position in the Grand Pacific Junction district, offered for the first time
  • 26 structures, 19 parcels, about 68,397 SF on 6.22 acres
  • Conveys together: the real estate, operating events business, three Ohio D-5/D-6 liquor licenses
  • Three event venues: a historic chapel, a historic banquet venue, and open-air gardens
  • 97.5% occupied by a diverse retail, restaurant, event and office tenant base
  • Within a designated Historic Area Conservation District; Grand Pacific Hotel on the National Register of Historic Places

OVERVIEW

Grand Pacific Junction is the historic heart of Olmsted Falls, a walkable downtown assembled and restored building by building over more than three decades. For the first time, the defining collection of properties that anchors it comes to market as a single portfolio. It conveys as a going concern, a recognized destination with an operating events business already in place, so the next owner inherits a living, working district rather than a renovation project. It is the kind of place a community already considers its own, and one that cannot be reassembled. Details available to qualified parties under a CA.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grand Pacific Junction

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1850

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.22 AC

LAND SF

270,943 SF

ZONING

C-3, w/ Historic Overlay

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Nichole BookerSVN | Summit Commercial Real Estate AdvisorsMore Info
330-475-5500

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Nichole BookerSVN | Summit Commercial Real Estate AdvisorsMore Info
330-475-5500

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