6707 Bessemer AveCleveland, OH 44127

  • Parking lots & garages
  • 2,340 SF
For Sale
$1,600,000 View listing

Property Details for 6707 Bessemer Ave

Year built
1972
Construction
TYPE NOT SPECIFIED
Lot size
5.57 AC
Property size (Sq ft)
2,340 SF
Zone code
GI
Property type
Parking lots & garages
APN
125-08-008
APU
12508008

Description

This exceptional investment opportunity presents a three-building industrial flex property ideally situated in Cleveland, Ohio's southeastern industrial district. Boasting a substantial 23,722 square feet of space, this property offers significant potential for both immediate income generation and future development. Built in 1972, the buildings sit on a generous 5.57-acre lot and are zoned for general industry, providing flexibility for a wide range of uses. The property features large, open floor plans with high ceilings, perfect for various industrial or warehouse needs. Ample parking is available on-site, ensuring convenient access for employees and clients. The property's strategic location provides easy access to major transportation arteries, including Highways 490, I-77, and I-90, facilitating efficient logistics and distribution. Currently generating a substantial income stream of $11,000 per month (inclusive of taxes and insurance), this sale-leaseback opportunity presents a compelling investment proposition with strong potential for long-term returns. The asking price for this turnkey operation is $1,600,000. This property is located at 6707 Bessemer Ave, Cleveland, OH 44127.

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4706
Longitude
-81.6423
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
$23,731
$58,450
$179,170
$237,620
-
$167,000
$511,900
$678,900

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