OH > Uniontown > Lake-Sec 07
Uniontown, OH 44685,12388 Cleveland AVE NW
Uniontown, OH 44685,12388 Cleveland AVE NW
Uniontown, OH 44685,12388 Cleveland AVE NW
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$590,000
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1.1 Acres Lot
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12388 Cleveland AVE NW Uniontown, OH 44685

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Coleena Groch

Coleena Groch

+1(740) 278-6189

UPDATED:

10/05/2024 04:08 AM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Lake/Sec 07

MLS Listing ID 5073656

HOA Y/N No

Year Built 1943

Annual Tax Amount $7,454

Tax Year 2023

Lot Size 1.100 Acres

Acres 1.1

Property Description

Nearly 6,000 Office Building on Cleveland Ave in Lake Township with 1.1 Acre Property. Excellent exposure with 107 ft Frontage, zoned C1 and a Traffic Count of nearly 10,000 cars per day! Current occupant to maintain on long-term lease on a portion of the building. There is further rental potential with 3 full levels, all with private entrances. The Main Level features an Entrance Area with 2 Story Foyer, Reception Desk, 2 Large Conference Rooms, Waiting Room, Grand Office with Fireplace, Front Office, Filing/Storage/Technology Area and a Half Bath. The Upper-Level features 5 Office Spaces, Reception Hall Area and a Filing/Storage/Technology Area. The Garden Level features 3 Offices, 2 Entrance Halls, a Meeting Area, Storage Area, Breakroom Area, 2 Half Baths and 3 Utility Areas. The entire building has beautiful details including natural woodwork, wood paneled walls, hardwood flooring and bright windows allowing natural light. The building was renovated in 1991 and has updated electrical. There are 2 Furnaces and newer Central Air with Zoned Capabilities. The parking lot and landscaping were updated in 2023. The roof is less than 10 years old with 25-year shingles. Once fully leased, this property has a potential for an 11%+ Cap Rate. This is the perfect opportunity for a business looking to have a presence in Lake Twp or for an investor looking for a strong Cap Rate and future potential. Please reach out for your private showing!

Location

State OH

County Stark

Rooms

Basement Common Basement, Daylight, Exterior Entry, Full, Finished, Interior Entry, Storage Space, Walk-Out Access

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Garage Additional Parking, Circular Driveway, Common, Driveway, Guest, Gravel, Parking Lot

Waterfront No

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Office

Parking Type Additional Parking, Circular Driveway, Common, Driveway, Guest, Gravel, Parking Lot

Total Parking Spaces 20

Building

Story 2

Foundation Basement

Sewer Septic Tank

Water Public

Level or Stories Two

Schools

School District Lake Lsd Stark- 7606

Others

Tax ID 02205104

Acceptable Financing Lease Back

Listing Terms Lease Back

Listed by Jaime D Wolfe • High Point Real Estate Group • jaimewolferealtor@gmail.com 330-354-9121

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Coleena Groch

Agent/Office Manager | License ID: SAL.2016002210,220302318

+1(740) 278-6189

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