8269 Washington StChagrin Falls, OH 44023

  • Retail space
  • 24,009 SF
For Lease
$10/SF/YR View listing

Property Details for 8269 Washington St

Year built
1967
Lot size
1.58 AC
Property size (Sq ft)
24,009 SF
Property type
Retail space
APN
02-419300
APU
2419300

Description

This exceptional retail/warehouse property, located at 8269 E Washington St in Chagrin Falls, Ohio, offers 12,000 square feet of immediately available space, divisible to a minimum of 3,000 square feet and a maximum contiguous space of 12,000 square feet. The entire building comprises 24,359 square feet, situated on a generous 2.09-acre lot. Built in 1967 and renovated in 2012, this single-story Class C building presents a unique opportunity for businesses seeking flexible space. The property is zoned CB and features the APN numbers 02-419678, 02-419300, and 02-420347 within Geauga County. While the property currently lists zero parking spaces, ample parking solutions can be explored. This prime location in Chagrin Falls (zip code 44023) offers excellent visibility and accessibility. The property's versatile layout is ideal for a variety of retail and warehouse uses, making it an attractive option for businesses seeking to establish or expand their operations in this thriving Ohio community. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,349,250
    6.5%
    $5,860,846
    7%
    $5,442,214
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,659,420
    Geo Method
    $5,659,420
  • Alternative Use

    Use
    Valuation
    Residential
    $4,943,842
    Hospitality
    $4,528,533
    Educational
    $3,767,686
    Medical
    $3,897,263
    Retail
    $5,860,846

Location Insight

City
Chagrin Falls
County
Geauga
State
Ohio
Latitude
41.4148
Longitude
-81.3466
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,183
$50,400
$256,200
$306,600
-
$144,000
$732,000
$876,000

FAQs

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