Active

12388 Cleveland Avenue NW

Uniontown OH, 44685

$590,000


$98.37 per sqft

Active

5,998 sqft

Commercial

Built in 1943

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!

5073656

MLS ID

October 2, 2024

Listed

November 22, 2024

Updated

Map

12388 Cleveland Avenue NW
Uniontown OH, 44685

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Gas

Exterior/Building Features

Lot Size

1.1 Acres


Roof

Asphalt, Fiberglass


Sewer

Septic Tank

School Information

School District

Lake LSD Stark- 7606

Other Property Details

Taxes

$7,454


Tax Frequency

Annually


Days on Market

2


Garage

No


Parking

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


Parking Total

20


View

No


County

Stark


Municipality

Lake Twp


Water Source

Public


Pool

No

 

Courtesy of High Point Real Estate Group

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Joe Tupta shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Yes Multiple Listing Service, Inc. All rights reserved.

Powered byLuxury Presence