5445 Detroit RdSheffield, OH 44054

For Sale
$2,519,762.91

12,311 SF Office, 7.5% Cap Rate, 5 Units

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional owner-user opportunity presents a two-story, 12,311-square-foot Class A office building in Sheffield Lake, Ohio. Built in 2006 and renovated in 2024, the property boasts a 100% occupancy rate with five tenants, generating a strong net operating income (NOI) of $188,982 and a 7.5% capitalization rate. The asking price is $2,519,762.91. Situated on a 1.25-acre lot, this multi-tenant building offers 6,000 square feet of flexible space per floor, ideal for creative or medical office uses. Its attractive design and prime location, with easy access to I-90 and State Route 301, near Lorain County Community College, ensures high visibility and accessibility. The building features a convenient on-site gym with showers. This well-maintained property offers significant long-term value and is an excellent investment for owner-occupants seeking a high-traffic location in a growing area. The building's modern design and strong financial performance make it a compelling opportunity in the competitive Ohio commercial real estate market. This is a turnkey operation with a proven track record of success and immediate income generation.

Highlights

  • Two-story newer construction building with excellent curb appeal.
  • High-traffic location in a rapidly developing area.
  • Convenient access to I-90, SR 301, and Lorain County Community College.
  • Includes on-site gym with showers.
  • Ideal owner-user opportunity.

Property Details for 5445 Detroit Rd

Property type
Other office properties, Medical offices
Square Feet
12,311 SF
Class
A
Year Built/Renovated
2006/2024
Stories
2
Lot Size (sq. ft)
54,450 SF
Units
5

Location Insight

City
Sheffield
County
Lorain
State
Ohio
Latitude
41.4290213
Longitude
-82.0715733
5445 Detroit Rd, Sheffield, Ohio

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5445 Detroit Rd
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