100 7Th AveChardon, OH 44024

Property Details for 100 7Th Ave

Year built

1990

Lot size

6.59 AC

Property size (Sq ft)

67,501 SF

Property type

Office properties

Property subtype

Office buildings

APN

10-005800

APU

10005800

Description

This exceptional Class A office building, located at 100 7th Ave in Chardon, Ohio, presents a unique investment opportunity. The property boasts a total of 67,501 square feet across three stories, with a single building situated on 6.57 acres of land. Currently, there is 13,461 square feet of vacant space available for lease, offering flexibility for businesses of various sizes. Spaces range from a minimum of 215 square feet to a maximum contiguous space of 7,620 square feet, making it suitable for both small and large tenants. The building features 175 parking spaces for convenient employee and client access, and high-speed internet is available throughout. Specific available spaces include 5,841 square feet on the first floor and 7,620 square feet on the second floor. The building is under new ownership, and significant improvements have already been made, with further enhancements planned. Large offices with ample natural light are a key feature. The property's address is 100 7th Ave, Chardon, OH 44024. This is a multiple-tenancy building with a total of 13,461 individual suites. The building is classified as a traditional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $12,143,424

  6.5%

  $11,209,315

  7%

  $10,408,650

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,314,044

  Geo Method

  $6,314,044

• Alternative Use

  Use

  Valuation

  Residential

  $13,899,551

  Hospitality

  $12,731,914

  Educational

  $10,592,803

  Medical

  $10,957,105

  Retail

  $16,477,693

Location Insight

City

Chardon

County

Geauga

State

Ohio

Latitude

41.5888

Longitude

-81.2205

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].