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2221 Brookpark Road, Parma, OH 44134 | MLS ID 5208415 - Hardcastle Realty
Columbiana County OH homes for sale
Salem OH homes for sale
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$439,000

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DON'T MISS THIS COMMERCIAL TRIPLE NET (NNN) ALL BRICK 2 STORY INVESTMENT!! This 2-story commercial property sits on one of Cleveland's highest traffic streets. Great visibility! This property boasts about $53,000 Gross Annual w/ 10.8% CAP. 2 suites w/ ~10,800 + sq feet retail/office and 3500+ sq feet open storage space in basement accessed by main floor unit and includes 6 off street parking spaces up front. This fully occupied turnkey investment is triple Net tenancy with $4,400 Mo/ $49,200 Annual Income. This low - to no maintenance asset is prime to add value and cash flow w/ no management and/or low maintenance to your portfolio. 1st Floor - Occupants: Main Floor - established Tabacco and Vape Retailer - 5-year lease (has been in business for 10 + years and uses the space for warehousing only. 2nd Floor occupant - A well established and growing commercial photography / digital imaging company. (Lease has 2 years left) - Property Taxes - $3,743 - Insurance - $1,734 Annually Each occupant has the balance of their lease with 5 and 2-year options respectively. No Delinquencies or back rents. Tenants pay for all utilities and maintenance. Deposits in escrow for all units.

Information
Address:
 <map>
2221 Brookpark Road
Parma, OH 44134
Subdivision:  Brookview
Area/School Dist:  Parma
MLS ID:  5208415
Status:  Active



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Features
Taxes: $3,535 / year
Basement: Yes
Roof Type: Asphalt,Rolled/Hot Mop
Lot Size: 0.11 Acres
Heating: Forced Air
Year Built: 1955
Water: Public
Sewer: Public Sewer
Stories: 3.0
Units: 2
Basement: Full,Concrete,Unfinished
Building Features: Private Restrooms
Parking: Concrete,On Site,Paved,Parking Lot,Private
Parcel#: 445-01-036


School Information
School District: Parma City


Mortgage Information


Agency/Agent Information
Shown By:
  Agency Name: Hardcastle Realty
  Agency Phone:

Listed By
   Keller Williams Citywide
  Agency Phone: 440-892-2211

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