- For Sale $1,700,000
- Property Type Retail
- Property Size 11,250 SF
- Lot Size 0.81 Acre
- Building Class B
- Year Built 1998
- Year Renovated 2015
- Date Updated May 12, 2026
Description
Rare opportunity with this meticulously maintained retail/office asset, located in the heart of Willoughby, OH business district. Situated directly across the street from a newly constructed national grocery, this 11,000+sqft property boasts nine units, occupied by six well established tenants and a newly signed lease from a current tenant. Most leases are in place through 2027. Plenty of room for improvement as current rents are at the low end of market, and can be transitioned into NNN leases. The majority of high ticket Capital Expenditures have already been done in the last five years with; new roof in 2022, HVAC units from 2017-2021, new front supports in 2023, parking lot in 2021. These opportunities do not come available very often in Willoughby, add to your portfolio today!
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Contacts
KW Greater Cleveland Northeast
Location
KW Greater Cleveland Northeast