Commercial Real Estate for Sale at 12388 Cleveland Avenue Nw in Uniontown, OH for $590,000

Listing data last changed 10/5/2024
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12388 Cleveland Avenue NW | Uniontown

$590,000 | 0.0 Sq. Ft.

Nearly 6,000 Office Building on Cleveland Ave in Lake Township with 1.1 Acre Property. Excellent exposure with 107 ft Frontage, zoned C1 and a Traffic Count of nearly 10,000 cars per day! Current occupant to maintain on long-term lease on a portion of the building. There is further rental potential with 3 full levels, all with private entrances. The Main Level features an Entrance Area with 2 Story Foyer, Reception Desk, 2 Large Conference Rooms, Waiting Room, Grand Office with Fireplace, Front Office, Filing/Storage/Technology Area and a Half Bath. The Upper-Level features 5 Office Spaces, Reception Hall Area and a Filing/Storage/Technology Area. The Garden Level features 3 Offices, 2 Entrance Halls, a Meeting Area, Storage Area, Breakroom Area, 2 Half Baths and 3 Utility Areas. The entire building has beautiful details including natural woodwork, wood paneled walls, hardwood flooring and bright windows allowing natural light. The building was renovated in 1991 and has updated electrical. There are 2 Furnaces and newer Central Air with Zoned Capabilities. The parking lot and landscaping were updated in 2023. The roof is less than 10 years old with 25-year shingles. Once fully leased, this property has a potential for an 11%+ Cap Rate. This is the perfect opportunity for a business looking to have a presence in Lake Twp or for an investor looking for a strong Cap Rate and future potential. Please reach out for your private showing! MLSNow 5073656

Directions to property: Cleveland Ave NW

MLS Listing ID: 
MLSNow 5073656
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$590,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Office
Primary Market Area: 
Uniontown
Address: 
12388 Cleveland Avenue NW, Uniontown, OH 44685
County: 
Stark
Latitude: 
40.9662150
Longitude: 
-81.4074900
Directions: 
Cleveland Ave NW
Public Remarks: 
Nearly 6,000 Office Building on Cleveland Ave in Lake Township with 1.1 Acre Property. Excellent exposure with 107 ft Frontage, zoned C1 and a Traffic Count of nearly 10,000 cars per day! Current occupant to maintain on long-term lease on a portion of the building. There is further rental potential with 3 full levels, all with private entrances. The Main Level features an Entrance Area with 2 Story Foyer, Reception Desk, 2 Large Conference Rooms, Waiting Room, Grand Office with Fireplace, Front Office, Filing/Storage/Technology Area and a Half Bath. The Upper-Level features 5 Office Spaces, Reception Hall Area and a Filing/Storage/Technology Area. The Garden Level features 3 Offices, 2 Entrance Halls, a Meeting Area, Storage Area, Breakroom Area, 2 Half Baths and 3 Utility Areas. The entire building has beautiful details including natural woodwork, wood paneled walls, hardwood flooring and bright windows allowing natural light. The building was renovated in 1991 and has updated electrical. There are 2 Furnaces and newer Central Air with Zoned Capabilities. The parking lot and landscaping were updated in 2023. The roof is less than 10 years old with 25-year shingles. Once fully leased, this property has a potential for an 11%+ Cap Rate. This is the perfect opportunity for a business looking to have a presence in Lake Twp or for an investor looking for a strong Cap Rate and future potential. Please reach out for your private showing!
Community Information
School District: 
Lake LSD Stark- 7606
Subdivision: 
Lake/Sec 07
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1943
Living Area: 
0.0
Basement: 
Common Basement,Daylight,Exterior Entry,Full,Finished,Interior Entry,Storage Space,Walk-Out Access
Construction
Foundation Details: 
Basement
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.1
Lot Size (Area): 
1.1
Lot Features
Parking Type: 
Additional Parking,Circular Driveway,Common,Driveway,Guest,Gravel,Parking Lot
Total Parking Spaces: 
20
Public Record
Parcel Number: 
02205104
Annual Tax: 
$7,454.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Jaime D Wolfe
Listing Office Name: 
High Point Real Estate Group

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