Rick Osborne Jr.

Director of Commercial Real Estate
KW Commercial | Cleveland

Rick Osborne Jr. has been a involved in the management, construction, and sale of commercial properties in Northeast Ohio for over 25 years. During this time he has developed, constructed, and owned nearly 2,500,000 square feet of retail and industrial space in Lake County and throughout Northeast Ohio. Rick is an Ohio licensed sales agent and has extensive experience developing, reviewing, and generating multiple lease agreements and purchase agreements as well as securing funding and financing for hundreds of projects and properties. Recently, RIck formed The Osborne Group as the commercial arm of Keller Williams Realty Greater Cleveland Northeast.

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Commercial Retail
For Sale
Mix-Use Income Producing Property in Austinburg, Ohio
2773 State Route 307, Austinburg, Ohio 44010
$419,000
.34 Acres
Free-standing mix-use property for sale. Ideal for local investor that wants to own and operate this income producing property. Approximately $55,000 of gross annual income from three retail users and three apartment buildings. This two-story building is comprised of masonry and wood with vinyl siding. Built on a crawl space. Originally built in 1890, this historical building has approximately 8,160 SF of retail space on the first level and three 800 SF 2-bedroom/full bath loft apartments on the 2nd floor. Access to all the apartments are via the rear of the building and all tenants have separate gas, electrical, and water meters. Recent improvements include a brand new roof in April, 2019 with an assumable warranty. Added amenities to this property include being adjacent to Ashtabula Trailhead Metroparks owned and maintained by Ashtabula County Metroparks. Fantastic opportunity to own and operate a historical mix-use property. This is a quaint and family oriented area of Ashtabula County. Businesses and equipment of Shannon's Mini Mart and Skippy's Ice Cream and Sandwich Shop can be included separately in the sale upon negotiation. Tax returns, a rent roll, and equipment list can be provided for approved purchasers. Proof of funds is required for potential purchasers. 2773 St. Route 307, Austinburg, is located approximately 1/4 mile east of SR 45 and SR 307. From I-90, go south to SR 45 and then east at SR 307.
10/29/2019 4:54:38 PM   2/20/2020 5:39:24 AM
Commercial Industrial
For Sale or Lease
Warehouse, Storage, Distribution Space Available--Divisible--Up to 150,000 SF-Lease Sale
8820 East Avenue, Mentor, Ohio 44060
$3,366,000
$3.56 /SqFt MG
7.83 Acres
Total property is approximately 150,000 SF on 7.8 acres of land. Heavy electrical power is brought to property, specifically 1200 amp, 480 Volt, 3-Phase power. Oil/Gas well is included with sale with all mineral right offered in purchase. Addition built in 2002 has standard fire suppression with 22' clear height ideal for rack storage. Remaining clear heights range from 20' to 14' in warehouse and manufacturing areas. All offers on property are welcomed and will be submitted immediately to Seller for review. Seller will lease-back approximately 25,000 SF as value-add proposition for terms agreed upon. Participating Buyer's brokers are welcome. Mentor, Ohio is ranked 10th in manufacturing in the State with a strong manufacturing workforce and pro-business community. Incentives and abatements are offered to new manufacturing businesses moving to Mentor, Ohio to promote business. $3.50 per SF (modified gross) for lease. Will subdivide. Move-in ready. Landlord is performing significant upgrades to building including new loading docks and drive-in doors for multiple entry in building, LED lighting, new restrooms, exterior repairs, and roof replacement. 8820 East Avenue, Mentor, Ohio is located 1 mile south of SR 2 off Hopkins Road as well as 3 miles south of I-90 via Station Street and SR 615 (Center Street). Regionally located in NE Ohio with direct routes to all major transportation highways.
12/27/2018 3:59:03 PM   1/28/2020 1:31:46 PM
Commercial Office
For Sale
Historic Burwolf Office Building
37903 Euclid Avenue, Willoughby, Ohio 44094
$395,000
.67 Acres
Historic structure built in 1857 and has been used as an office since 1990. This one of a kind, fully renovated office building is built out of a mixture of stone, wood, and ornamental detailed architecture. Multiple offices are throughout the first and second floor that include men's and women's restrooms on both. Other interior features include wood floors, original doors and windows, an elegant mahogany staircase, and leaded glass panes. Full basement includes a restroom, office space, storage areas, and all utility components that include the furnace, hot water tank, 3/4" water meter, and 200-amp 3-phase meter. The 15-year old asphalt shingle roof is in good condition. Large open air front porch surrounds half of the the building and is made of ornate wood and mouldings. Private asphalt parking lot allows access off Euclid Avenue and Jordan Drive. A additional large 3,000 SF 2-story wood-structure barn lies behind the main parking area. Amazing historical property found in the heart of downtown Willoughby. Victorian structure that was originally built in 1857 is nestled in the heart of downtown Willoughby. This property can be re-used for office, converted back to residential use, or create a quaint BB with the appropriate approvals. The sky's the limit and the preservation of this gem is a must. 37903 Euclid Avenue is located along Euclid Avenue in downtown Willoughby. Just 1/2 mile west of Erie Street and approximately 2 miles east of SR 91 in Willoughby, Ohio.
1/21/2020 5:39:04 PM   1/26/2020 7:52:35 PM
Commercial Retail
For Sale
Gallery One Building
7003 Center Street, Mentor, Ohio 44060
$825,000
.54 Acres
Well-maintained commercial retail building for sale in Mentor Ohio that consists of over 14,000 total SF. Very high traffic volume in high demand retail area on Center Street. Includes rent-able apartment and garage space. Gallery One business is not for sale and will be moving. Building consist of masonry block building with metal roof deck, columns, and beams. Roof is a flat asphalt roof and needs repairs. Entire space is air-conditioned, well light with LED lighting, and contains surround sound throughout. Rooms include a lunch room, offices, private and public restrooms, counter and sales, areas, wood-shop, storage art rooms with flat file shelving, and merchandise rooms. Two apartments in rear of property need renovated and will be added value of income when completed. The main drive involves a shared easement agreement with Classic Car Wash and the other retail/office businesses to the South. Gallery One Art Studio has been a Mentor staple for over 40 years. Owners have decided to retire and concentrate on on-line art sales. All contents will be sold or removed immediately upon a mutually agreed sales agreement. This property could be re-purposed for a retail clothing store, any auto-related business (adjacent to Classic Auto Campus), gym/exercise facility, medical clinic, pet store, and large office complex. 7003 Center Street (RT 615) is located one-half mile south of SR 2 on east side of street next to Classic Car Wash. Only 3 miles north of Interstate 90 and in the heart of Mentor near the newly built Giant Eagle and Classic Car Campus.
10/8/2019 3:43:15 PM   1/19/2020 2:06:13 AM
Commercial Land
For Sale
Price Reduced--Land Along Lake Erie in Euclid, Ohio
25000 Lakeshore Blvd, Euclid, Ohio 44132
$550,000
1.88 Acres
Are you looking for Lake Erie front property? Want to develop this little slice of heaven into a community of lake front town homes or a brand new Lake Erie water-front restaurant? The city of Euclid is open to many possibilities. Just under 2 acres of gorgeous views of Lake Erie, this land offers a unique and one-in a life time dream for a developer. Current amenities are; all utilities along Lakeshore Boulevard, a RTA bus stop adjacent to property making it pedestrian friendly, and a traffic signal directly in front of the property. Neighboring developments to the east of this property include Shoreland Crossings, Larimar Condominiums, the Lake Club at Larimar, WilloughBeach Terrace Apartments, and Shoregate Plaza's retail modernization. Lakeshore Park is also just east of this property! A limestone break-wall has been installed along Lake Erie and has shown to stand the test of time. Property has water 2-story pump house building facing Lake Erie and has tons of possibilities for re-use. Included with the property, is a unique submerged land lease allowing the extraction of water up to 2 1/2 million gallons of water per day! Call me to answer questions you may have about the possibilities of this land.... there are many options just waiting for the right buyer with a VISION! With approximately 140' of frontage along Lakeshore Boulevard, this property bests use is for a multi-unit residential development or for single residential dwelling along Lake Erie. The existing pump house can be remodeled or razed per the buyer's decision. Access to water rights to Lake Erie also makes this a unique opportunity for a potential industrial user in the area. This property lies along Lakeshore Blvd (SR 283) approximately 1 mile east of Babbitt Road and 1.5 miles north of SR 2. Easy access from SR 2 is best from 260th or Babbitt Road exits.
7/10/2019 3:19:10 PM   1/19/2020 2:00:15 AM
Commercial Office
For Sale
Huntington Bank Building
4366 Main Avenue, Ashtabula, Ohio 44004
$525,000
1.5 Acres
Built as a bank in 1950's, this property is a multi-tenant professional office building. 13,800 total SF includes a full basement and a partial 2nd floor. The building is composed of decorative sandstone and brick with fully divided windows. Decorative trim and slate facades surround the front along with a cupola on the roof. Decorative dormers are present along the bank teller lines to add a sophistication to this property. This is an investment property. Current tenants include Huntington Bank and Attorney's Cimorell and Meany. Additional space is available including 1800 SF of office space and the entire finished basement (5500 SF) for value-add income production. Shared parking with adjacent building can accommodate over 100 cars. New improvements to the property include a new storefront aluminum door along the north entrance. Rent rolls, leases, and a ALTA survey are available upon request. Selling broker is owner of said property for sale. 1800 SF of Office/Retail Space Available for Immediate Occupancy in the Huntington Bank Building. Downtown Ashtabula with below market rent of $1200 per month modified gross. Close to City Hall, Court House, and Ashtabula Police and Fire Departments. Available immediately with 100 car parking lot. Well-maintained building. Corner of Main Avenue and 44th Street in downtown Ashtabula City. Minutes from SR 11 and Freeway Access.
1/15/2019 8:49:48 PM   1/19/2020 1:52:20 AM
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