Price Reduced

Retail•Strip Center•For Sale or Lease

5800 Andrews Rd.

5800 Andrews Road, Mentor-on-the-Lake, Ohio 44060

Sale Price $335,000 ($27.92 /SqFt)
Lease Rate $9.00-$10.00 /SqFt
Sale Type Investment
Bldg Type Multi-Tenant
Class C
Status Existing
Year Built 1971
Year Renovated 2000
Stories 2
Gross Bldg 12,000 SqFt
Total Avail 5,596 SqFt
Avail 370 to 2,700 SqFt
RBA 12,000 SqFt
Floor Size 6,000 SqFt
Land Area 1.12 Acres
Market Cleveland
Sub-Market Northeast Cleveland
Parcel# 19A0910000120 & 130
**PRICE REDUCED!** Retail/Office Investment. 12,000+/- Sq. Ft. Office/Retail building on 1.03 Acres with 302' frontage. This 2-story building has the potential to occupy 9 tenants. Tenants in place have annual renewals with rent increases based on published BLS CPI-U. Great upside opportunity for an Investor! Possible conversion to multi-family. Retail & Office Units Available for Lease 2,700+/- Sq. Ft. – Former Convenient Store 1,300+/- Sq. Ft. – Former Hair Salon 370 & 1,226+/- Sq. Ft. – 2nd Floor Office Units For Lease • Retail Units @ $9.00/ Sq. Ft. • Office Units @ $10.00/ Sq. Ft.
  • Great upside opportunity for an Investor!

4 Spaces

Grocery
2,700 SqFt
$9.00
5804-06
1
2,700 Sq. Ft. retail unit. Former convenient store available for Lease.
Salon
1,300 SqFt
$9.00
5808
1
1,300 Sq. Ft. retail unit. Former Hair Salon available for Lease.
Office
1,226 SqFt
$10.00
207
2
1,226 Sq. Ft. 2nd floor office available for Lease.
Office
370 SqFt
$10.00
201
2
370 Sq. Ft. 2nd floor office available for Lease.
2/4/2020 12:00:00 AM 7/10/2020 6:49:48 PM
Rick Ferris
Vice President
Sequoia Realty Corp.
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