12661 Chillicothe RdChesterland, OH 44026

For Sale
$400,000

Prime retail/restaurant opportunity, multi-unit potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Chesterland, Ohio property presents a unique investment opportunity encompassing a diverse portfolio of assets. Situated on a 0.83-acre lot (162x276 dimensions) at 12661 Chillicothe Road, this mixed-use property boasts a total of 3,572 square feet and includes a former restaurant space (available for lease or occupancy), two one-bedroom apartments, and a freestanding building. The property also features a 200 square foot kitchen, ideal for a cafe or restaurant concept. The main building was constructed in 1930 and benefits from General Commercial zoning, with two apartments grandfathered in. Utilities include public sewer, private water, and baseboard, gas, hot water, and steam heating. Cooling is provided by wall units. The property also includes a full or partial unfinished basement and outside parking. The asking price is $400,000, translating to $111.98 per square foot. This location offers excellent visibility, being adjacent to a township park, and presents a compelling opportunity for owner-users or investors seeking a multi-faceted income stream. Tenant responsibilities include cable TV, electricity, gas, heat, other utilities, sewer, and trash collection. The property's APN is 11-292310 11-292320. This is a net lease property.

Highlights

  • Gas, hot water, and steam baseboard heating.
  • Located in desirable Chester Township, West Geauga County.
  • Wall unit air conditioning.
  • Partially finished basement.
  • 0.42-acre lot (162' x 276').
  • Exterior parking.

Property Details for 12661 Chillicothe Rd

Property type
Other retail properties, Restaurants
Square Feet
3,572 SF
Year Built
1930
Lot Size (sq. ft)
36,155 SF
Units
2

Location Insight

City
Chesterland
County
Geauga
State
Ohio
Latitude
41.5244224
Longitude
-81.3375951
12661 Chillicothe Rd, Chesterland, Ohio

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12661 Chillicothe Rd
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