14,100 Sq. Ft. Property on a 2 Acre Lot� near Amazon, Euclid
Listing was updated at: 06/03/2019
Property Overview
Price/Rent PSF $ 650,000.00
Asset Type Mixed use
Trade Type Sale
SQ. FT. Available 14,100
Date Available 03/01/2019
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Pro-Classic Real Estate Inc. Presents: 14,100 Sq. Ft. Property on a 2 Acre Lot; Located Across Amazon’s New Distribution Center of Euclid, OH (Currently Configured as a Banquet Hall) Building Occupies about 14,100 sq. ft.. The building and it’s 2 acres of parking space is available for Sale as is outlined below. Also, if there is an interest in Buying the Business, it is available for Lease with an option to Buy. EVENT CENTER USE: Capacity: 390 Seats (Two Halls separated by moving partitions); 180 Parking Spaces. ELEMENTS OF VALUE: Long Standing name and customer base. There is some significant development activity taking place around the area. The Business was established in the early nineties and is generating about $425,000 revenues after having survived the 2008/2009 recession. ASKING PRICES & LEASING RATES: REAL ESTATE: $650,000 for the 14,100 sq. ft. building and it’s 2.2 Acres of Land. BUSINESS: $225,000 plus inventory at closing. LEASE RATE FOR BUSINESS BUYER WITH AN OPTION TO BUY R.E.: $6,500 per month (real estate taxes included) plus common area charges and equipment maintenance expenses. ========================================== DISCLAIMERS & NOTES: Financial information will be presented by the Seller to interested parties. DISCLAIMER: Enterprise Development Resources, Inc.(EDR) makes no warranty or representation in connection with the information provided herein. Elias E. Ladon is a Real Estate Agent and Business Broker. Any Real Estate Transactions will be carried via ProClassic Real Estate Inc. For More Information please contact: Elias E. Ladon, Enterprise Development Resources, Inc. 3659 Green Road, Suite 100, Cleveland, OH 44122; elias.ladon@EnterpriseDR.com; 216-295-1136 (m); 216-803-0107 (f)