Retail•Street Retail•For Sale

Stauffer Commons North

1321 - 1331 Sharon Copley Rd., Sharon Center, Ohio 44274

Sale Price $438,000
Sale Type Investment
Zoning C-1
Bldg Type Multi-Tenant
Year Built 1902
Year Renovated 2019
Cap Rate 12.57%
Vacancy 100%
Gross Bldg 7,240 SqFt
Land Area 1.01 Acres
Net Op Inc $55,060
Market Greater Cleveland
Sub-Market Medina
5,833SF historic building with an additional 1,920SF duplex for sale. Retail building is fully leased with tack shop in the front and small gym tenant in the back. Duplex has a 1-bedroom unit and one 2-bedroom unit and is fully leased for additional income. Each unit is separately metered. Building was built in 1902 but has been renovated in 2014, 2018 and 2019. Please note: Owner/Agent Located in the Northeast quadrant of the quaint and historic Sharon Center Circle. Is at the intersection of State Route 94 and State Route 162. Only 4 miles North of I-76.
2/17/2020 10:21:54 PM 4/8/2020 6:21:51 PM
Steve Masica
Real Estate Consultant
Sperry CGA | The Masica Company
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