8820 East Avenue

Estimated Monthly Payment: $22,877/mo 8820 East Avenue, Mentor, OH 44060 MLS# 4059822 Commercial Sale Listing Status: Active
349
1,014
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9

REMARKS:

MThe property, land, and equipment are being sold. Total property is approximately 150,000 SF on 7.8 acres of land and will be verified per sale. All plastic injection molding machines, pallet racking, and other assets are for sale and available per separate price and are not including in this price. Multiple expansion of building have occurred from 1963 to present. Warehouse additions occurred in 1994 (40,062 SF), 1995 (11,731 SF), and 2002 (21,085 SF) including previous existing office/manufacturing areas (77,006) improvements and remodeling during the 1990's. Heavy electrical power is brought to property, specifically 1200 amp, 480 Volt, 3-Phase power. Oil/Gas well is included with sale with all mineral right offered in purchase. Addition built in 2002 has standard fire suppression with 26' clear height ideal for rack storage. Remaining clear heights range from 24' to 14' in warehouse and manufacturing areas. Upon sale, Seller will sell all contents and remove machinery, racking, and assets per agreed time frame. Seller is retiring and motivated to sell. All offers on property are welcomed and will be submitted immediately to Seller for review. Participating Buyer's brokers are welcome. Mentor, Ohio is ranked 10th in manufacturing in the State with a strong manufacturing workforce and pro-business community. Incentives and abatements are offered to new manufacturing businesses moving to Mentor, Ohio to promote business.

OVERVIEW:

Commercial Sale
Industrial
Active
Mentor
Mix Chase
1930
7.83
Flat, Metal
On Site, Private
Forced Air, Gas, Space Heater
Central Air
Public
Public Sewer

ROOM INFO:

None

FINANCIAL:

$3,500,000
$82,992

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Keller Williams Grt Cleve NE

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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