16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 1 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 2 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 3 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 4 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 5 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 6 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 7 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 8 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 9 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 10 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 11 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 12 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 13 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 14 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 15 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 16 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 17 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 18 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 19 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 20 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 21 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 22 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 23 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 24 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 25 16718 Chagrin Blvd, Shaker Heights OH 44120 Photo 26

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16718 Chagrin Blvd - Location Location Location. This 3 unit retail building is located in the heart of Shaker Towne Center and has multiple income generating options. Foot and vehicle traffic is off the charts. Other high profile businesses with a direct siteline to this building include Heinen's Grocery Store, Pizza Hut, H & R Block, Boost Mobile, Mr Hero, Cricket Wireless, Dollar Tree, Advance Auto Parts, Sherwin Williams, GameStop, Subway, & Verizon Wireless. This building has a tenant (PPPHysique Studio) paying $1,025 per month to lease the 1,500 sq ft space on the 2nd floor. The ground floor includes a vacant 2,500 sq ft space that was previously a Hair Salon that rented for $4,000 per month. That space can be used separately or combined with the 2,500 sq ft convenient store that is being occupied by the seller. Sale includes the building as well as the seller's convenient store business and all applicable licenses. Including lotto, liquor, money gram & check cashing. (Inventory sold separately) Building also has a 5,000 sq ft basement as well as ample parking in the front and rear. All of the building's windows were replaced in 2014. The roof was re-done in 2007 and has a 20 yr warranty. There are 3 furnaces, 2 of which were installed in 2016. There are 2 hot water tanks. 1 was installed in 2015 and the other is roughly 10 years old.

Listing information

  • MLS® ID: 3888884
  • Status: Active
  • New Construction: No
  • County: Cuyahoga
  • Style: Retail / Hospitality / Service
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1937
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $16,270

Features

Assessments Y/N No
Available Financing Cash
Basement Detail Full
Homestead Exemption Y/N No
Owner Pays Sewer, Trash Collection, Water
Possession Time of Transfer
Property Subtype Retail
Roof Rubber
Tenant Pays Electric, Gas
Listing Courtesy of The Holton-Wise Property Group