For Sale
$990,000

85 Ghent RdFairlawn, OH 44333

Profitable Daycare/Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1,710 square foot retail building, situated on a 1.7-acre lot at 85 Ghent Road in Fairlawn, Ohio, presents a compelling investment opportunity. Currently operating at 100% occupancy with a single tenant, this property boasts a strong 5.00% capitalization rate and is priced at $990,000. The building's prime location directly across from Summit Mall ensures high visibility and significant foot traffic, making it an ideal location for a variety of retail uses, including its current use as a daycare and storefront. The property is in excellent condition and features a single building on a substantial lot, offering ample space and potential for future expansion or redevelopment. The property's APN is 0900402 and is located in Summit County, Ohio, zip code 44333. The lease term is currently at zero years, presenting an opportunity for a new lease agreement with favorable terms. This turnkey investment is ready for immediate income generation. The property's versatile nature and strategic location make it a highly attractive investment for both seasoned and new investors seeking a strong return on investment in a thriving Ohio market. The property is zoned for retail use and is easily accessible from major roadways. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a desirable location.

Highlights

  • $990,000 asking price for a 1,710 square foot retail building.
  • Located at 85 Ghent Rd, Fairlawn, OH 44333, on a 1.7-acre lot.
  • 100% occupied, single-tenant retail property (Day Care/Nursery, Shopping Center, Storefront).
  • 5.00% cap rate.
  • Broker co-op available.

Property Details for 85 Ghent Rd

Property type
Day care centers & nurseries, Lifestyle centers
Square Feet
1,710 SF
Buildings
1
Lot Size (sq. ft)
74,052 SF

Location Insight

City
Fairlawn
County
Summit
State
Ohio
Latitude
41.1325713
Longitude
-81.613994
85 Ghent Rd, Fairlawn, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
85 Ghent Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message