29215 Euclid AveWickliffe, OH 44092

Property Details for 29215 Euclid Ave

Year built

1964

Lot size

1.62 AC

Property size (Sq ft)

27,653 SF

Zone code

GB

Property type

Retail properties

Property subtype

Strip malls

APN

29-A-004-E-00-001-0

APU

29A004E000010

Description

This exceptional single-story commercial property, Lloyd-Euclid Plaza, located at 29215 Euclid Ave, Wickliffe, OH 44092, offers 26,581 square feet of versatile space ideal for creative office or retail uses. Currently, a significant 11,650 square feet of contiguous space is immediately available, with a minimum divisible space of 3,150 square feet. The building features two total suites. The property boasts a highly visible location at a signalized corner with a monument sign, ensuring maximum exposure for your business. Zoned for retail, office, and showroom uses, this property is situated in the Northeast submarket of Lake County, within the Euclid-Wickliffe-Willowick cluster. The building is conveniently located near the Lloyd cross street. While there are no elevators, the single-story design provides easy accessibility. This is a rare opportunity to secure prime commercial space in a thriving location. The available space is perfect for businesses seeking high visibility and convenient access. Don't miss this chance to establish your presence in this dynamic area.

• CAP approach

  CAP return

  Valuation

  6%

  $7,312,916

  6.5%

  $6,750,384

  7%

  $6,268,214

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,518,388

  Geo Method

  $6,518,388

• Alternative Use

  Use

  Valuation

  Residential

  $5,694,201

  Hospitality

  $5,215,858

  Educational

  $4,339,532

  Medical

  $4,488,776

  Retail

  $6,750,384

Location Insight

City

Wickliffe

County

Lake

State

Ohio

Latitude

41.6058

Longitude

-81.4753

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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