For Sale
$124,900

21851 Center Ridge RdRocky River, OH 44116

Prestigious office, turnkey, immediate occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A, 680-square-foot executive office condo is located at 21851 Center Ridge Rd, Rocky River, OH 44116. Situated on the fourth floor of a single-story building, this vacant unit boasts stunning western views and was completely renovated in 2023. The property, built in 1972, sits on a 0.02-acre lot and features a modern, open-concept design ideal for fostering collaboration. All furniture is included, making this a truly turnkey opportunity. The asking price is $124,900, representing a price per square foot of $250 and a 10.45% cap rate with a Net Operating Income (NOI) of $13,052. The property is zoned for office use and offers ample natural light, floor-to-ceiling windows, and a sleek reception area. This owner-user investment opportunity is perfect for a business seeking a sophisticated and convenient location within the coveted Rocky River commercial district. The property's APN is 303-30-310. Immediate occupancy is available.

Highlights

  • 680-square-foot Class A executive office condo in Rocky River, OH.
  • Completely renovated in 2023, located on the fourth floor with western views.
  • Turnkey opportunity with all furniture included; asking price $124,900 ($250/SF).
  • 10.45% cap rate, $13,052 NOI.
  • Modern, open-concept design in a coveted Rocky River location; immediate occupancy.

Property Details for 21851 Center Ridge Rd

Property type
Office properties
Square Feet
680 SF
Class
A
Year Built/Renovated
1972/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
871 SF
Units
1

Location Insight

City
Rocky River
County
Cuyahoga
State
Ohio
Latitude
41.4587583
Longitude
-81.8617827
21851 Center Ridge Rd, Rocky River, Ohio

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21851 Center Ridge Rd
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