24300 Solon RdBedford Heights, OH 44146

For Sale
$2,999,000

130,000 SF Multi-Tenant Industrial

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 130,000-square-foot industrial complex in Bedford Heights, Ohio, presents a rare opportunity. Located at 24300 Solon Road, this Class B, multi-tenant property offers a compelling investment for owner-users seeking a cash-flowing asset. The property boasts 50,460 square feet of net rentable space and features eight loading docks, 15-20 foot ceiling heights, and approximately 4.97 acres of land. Built in 1941 and renovated in 2012, the complex currently houses fourteen tenants. Significant improvements include approximately 70% roof replacement since 2015, backed by transferable 20-year warranties. The property is fully sprinklered and equipped with a comprehensive surveillance system. Additional amenities include roughly two acres of land dedicated to parking and outdoor storage. Most units have undergone recent renovations, featuring fresh paint, resurfaced flooring, and energy-efficient LED lighting. The asking price is $2,999,000, with a price per square foot of $23.07. The property is offered fee simple with a NNN lease type. This property is situated in Cuyahoga County, Ohio, with a zip code of 44146. The property is zoned for distribution, manufacturing, and warehouse uses.

Highlights

  • ±130,000 SF, 14-tenant industrial complex in Bedford Heights, OH.
  • Rare owner-user opportunity with strong cash flow.
  • Approx. 70% of roof replaced since 2015 with transferable 20-year warranties.
  • Fully sprinklered with comprehensive security system.
  • ±2 acres of paved parking and outdoor storage.
  • Most units recently renovated with fresh paint, new flooring, and LED lighting.

Property Details for 24300 Solon Rd

Property type
Other warehouses, Other industrial properties
Square Feet
130,000 SF
Class
B
Year Built/Renovated
1941/2012
Lot Size (sq. ft)
216,493 SF

Location Insight

City
Bedford Heights
County
Cuyahoga
State
Ohio
Latitude
41.3850199
Longitude
-81.5077038
24300 Solon Rd, Bedford Heights, Ohio

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24300 Solon Rd
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