For Sale
$399,000

3637 State Route 5Cortland, OH 44410

High-return investment opportunity in Cortland, Ohio.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial property, located at 3637 State Route 5 in Cortland, Ohio (zip code 44410), presents a compelling investment opportunity. Situated on a 0.459-acre lot, this special-purpose property boasts a prime location near the intersection of State Route 5 and State Route 46, adjacent to a McDonald's. The property currently houses four long-term tenants within a 1500 square foot space, offering immediate rental income. An additional 1500 square feet is available for lease, presenting a significant opportunity to increase revenue streams. Recent improvements include a new roof, exterior updates, skylights, and new flooring throughout most of the building. Interior upgrades also include the installation of chair lifts. This well-maintained building offers a turnkey investment opportunity with strong existing tenancy and significant potential for future growth. The property is ready for immediate occupancy and offers a high return on investment. This is an exceptional opportunity for investors seeking a stable and profitable commercial property in a high-traffic location.

Highlights

  • Exceptional commercial property investment opportunity in Cortland, OH (44410).
  • 0.459-acre lot at SR 5 & SR 46 intersection, adjacent to McDonald's.
  • 1,500 SF occupied by four long-term tenants, plus 1,500 SF available for lease.
  • Recent improvements include new roof, exterior updates, skylights, and new flooring; chair lifts installed.
  • Turnkey investment with high ROI and strong existing tenancy in high-traffic location.

Property Details for 3637 State Route 5

Property type
Specialty properties, Land
Lot Size (sq. ft)
19,994 SF

Location Insight

City
Cortland
County
Trumbull
State
Ohio
Latitude
41.3175156
Longitude
-80.7322794
3637 State Route 5, Cortland, Ohio

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3637 State Route 5
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