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Northfield Rd Development Property 4635 Northfield Rd 10,455 SF 100% Leased Retail Building Cleveland, OH 44128 $1,224,288 CAD ($117.10 CAD/SF)



Executive Summary
North Randall Village • 10,455 SF freestanding building • 3 units • 8 drive-in doors • Repair shop 7 bays • Body shop with deluxe spray booth • High-visibility Monument sign on Northfield Rd • Approx 50 parking Located on Northfield Rd just south of Emery, 4635 Northfield Rd in North Randall offers a turn-key automotive and flexible commercial setup for an owner-operator or investor, with convenient access to Greater Cleveland amenities, freeway routes, shopping, and dining. Total 10,455 SF on 1.26 acres with approx 900 SF office and three separately metered units, each with its own HVAC. Auto repair area features 7 service bays with seven 10x10 overhead doors, epoxy floors, reception/customer area, and equipment and lift purchase or business assumption potential. Body shop area includes a 14x14 rear drive-in door plus a deluxe spray booth with fire suppression and ventilation systems, with optional equipment and business assumption. Front retail/office space is currently occupied by a place of worship tenant. Current income profile supports owner-use with upside: church lease approx $3,200 per month, and the auto repair space is also offered for lease at $4,500 per month, or $7,000 per month including the body shop. Auto-related units can remain as rentals on month-to-month terms, targeting an approximate 10% cap rate based on current rents. Owner pays water/sewer with each unit reimbursing one-third of the bill. Monument signage and building signage opportunities available. Seller will consider lease option or creative terms with acceptable structure.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,455 SF
Building Class
C
Year Built
1980
Price
$1,224,288 CAD
Price Per SF
$117.10 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.26 AC
Opportunity Zone
Yes
Zoning
C-1
Parking
30 Spaces (2.87 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Number | 771-09-050 | Improvements Assessment | $94,651 CAD |
| Land Assessment | $78,558 CAD | Total Assessment | $173,210 CAD |
Property Taxes
Parcel Number
771-09-050
Land Assessment
$78,558 CAD
Improvements Assessment
$94,651 CAD
Total Assessment
$173,210 CAD
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Northfield Rd Development Property | 4635 Northfield Rd
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