37877 Elm StWilloughby, OH 44094

Property Details for 37877 Elm St

Lot size

0.24 AC

Zone code

C-M

Property type

Industrial properties

Property subtype

Other industrial properties

APN

27-B-036-0-00-044-0

APU

27B0360000440

Description

This exceptional Willoughby, Ohio industrial property offers a rare opportunity to acquire a two-building warehouse complex totaling 53,438 square feet. Situated on a 1.88-acre lot, this property boasts a prime location with easy access to US Route 20 and State Route 2. The first building, constructed in 1947 and renovated in 1975, comprises 15,674 square feet, including 11,750 square feet of warehouse space and 3,924 square feet of office space. Features include a 12' x 10' drive-in door, 10' ceiling height under the joists, a ½-ton crane, and heavy power (800 amps, 480 volts, 3-phase) with two new Concord gas-fired furnaces. The second building, built in 1929 and extensively renovated in 2020, offers 37,764 square feet of warehouse space. This building is equipped with four overhead doors (24'x14', 11'10"x13'8", 19'6"x15', and 12'x13'), bus duct, and a comprehensive crane system including one 25-ton crane on a rail, one 15-ton crane, two 6-ton cranes (one needing service), two 5-ton cranes, three 2-ton cranes, four 1 ½-ton cranes, twelve 1-ton cranes, and two ½-ton cranes. Clear heights reach up to 34'5" under the hook of the 25-ton and 15-ton cranes. Additional features include a monorail, heavy power (800 amps, 480 volts, 3-phase), radiant heat, LED lighting, and a variable speed compressor serviced twice yearly. A 4,000 square foot quonset hut/shed (not included in square footage) is available for cold storage or removal for additional parking. The property is zoned L-I (Light Industrial) and features a corner location at Elm St and Church St, with convenient access to Vine Street and Erie Street. The APN numbers are 27B0360000560, 27B0360000550, 27B0360000580, 27B0360000590, 27B0360000570, 27B0360000600, and 27B0360000610.

• Alternative Use

  Use

  Valuation

  Residential

  $2,161,708

  Hospitality

  $1,980,113

  Educational

  $1,647,431

  Medical

  $1,704,089

  Retail

  $2,562,670

Location Insight

City

Willoughby

County

Lake

State

Ohio

Latitude

41.6434

Longitude

-81.4084

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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