102 Cherry AveChardon, OH 44024

Property Details for 102 Cherry Ave

Year built

1920

Lot size

0.28 AC

Property size (Sq ft)

8,568 SF

Property type

Retail space

APN

10-111750

APU

10111750

Description

This exceptional single-tenant retail space, located at 102 Cherry Avenue #B1 in Chardon, Ohio, offers 2,148 square feet of versatile commercial space. Built in 1975, this one-story building sits on a 0.28-acre lot (APN: 10-111750) and is currently vacant, presenting a unique opportunity for immediate occupancy. The property features a flexible layout with a great mix of open space, ideal for showcasing merchandise or creating a dynamic workspace. In addition, there is dedicated storage and a conference room, providing ample space for various business needs. The space also includes several smaller areas that can be easily compartmentalized to suit specific requirements. Accessibility is enhanced by ramps at both the front and back entrances, connecting directly to the city sidewalks on Cherry Avenue. Ample parking is available in the shared lot in front of the building, with additional parking conveniently located on the side. This high-visibility location in Chardon, Ohio (zip code 44024) offers excellent potential for a variety of retail businesses. The property's convenient layout and ample parking make it an attractive option for businesses seeking a well-situated and functional space. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,265,832

  6.5%

  $2,091,538

  7%

  $1,942,142

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,019,656

  Geo Method

  $2,019,656

• Alternative Use

  Use

  Valuation

  Residential

  $1,764,290

  Hospitality

  $1,616,080

  Educational

  $1,344,560

  Medical

  $1,390,801

  Retail

  $2,091,538

Location Insight

City

Chardon

County

Geauga

State

Ohio

Latitude

41.5814

Longitude

-81.2124

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].