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Newbury-Kinsman Centre 9988 Kinsman Rd 113,920 SF Industrial Building Newbury, OH 44065 $6,310,758 CAD ($55.40 CAD/SF)
INVESTMENT HIGHLIGHTS
- 2,700 - 54,200 SF is available for Lease
- Rare opportunity for an owner-user or investor to acquire a fully functional, income-producing asset with upside potential.
- Recent capital improvements including roof, façade, and sprinkler upgrades.
EXECUTIVE SUMMARY
The building features ±110,700 SF of industrial space and ±3,200 SF of office, with 8 docks, 11 drive-in doors, and clear heights ranging from 12’ to 24’, Industrial Outdoor Storage options (IOS), and heavy power (480V/3Phase) support manufacturing and warehousing uses. Zoned M1/B1 across 10.83 acres, the site offers flexibility for industrial and business applications.
Located minutes from I-271, the property benefits from direct access to Chagrin Falls, Chesterland, and Solon—established business hubs with skilled labor pools. Novelty’s stable property values and proximity to Greater Cleveland enhance long-term investment security. Investors can capitalize on existing income while pursuing value-add strategies such as leasing vacant units, optimizing expenses, and adjusting rental rates.
PROPERTY FACTS
| Price | $6,310,758 CAD | Rentable Building Area | 113,920 SF |
| Price Per SF | $55.40 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1963 |
| Property Type | Industrial | Clear Ceiling Height | 24’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 8 |
| Building Class | C | No. Drive In / Grade-Level Doors | 11 |
| Lot Size | 19.82 AC | ||
| Zoning | PO - Industrial & Business Districts | ||
| Price | $6,310,758 CAD |
| Price Per SF | $55.40 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 19.82 AC |
| Rentable Building Area | 113,920 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 11 |
| Zoning | PO - Industrial & Business Districts |
UTILITIES
- Water - Well
- Sewer - Septic Field
- Heating - Electric
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
2,700 - 54,200 SF Available for Lease. Rare opportunity for a local warehousing or manufacturing owner-user to secure their own facility and generate a built-in income stream. Current ownership has invested in numerous upgrades, including new roof sections, sprinkler system enhancements, and a revitalized building façade. This is also a value-add investment opportunity with the ability to fill vacancies, raise rental rates, and decrease some of the current operating expenses. Positioned in the desirable Geauga County community of Novelty, the property offers exceptional connectivity—located just minutes from I-271 with easy access to major towns and suburbs including Chagrin Falls, Chesterland, and Solon, providing access to a skilled labor pool and established business districts.
2,700 - 54,200 SF Available for Lease. Rare opportunity for a local warehousing or manufacturing owner-user to secure their own facility and generate a built-in income stream. Current ownership has invested in numerous upgrades, including new roof sections, sprinkler system enhancements, and a revitalized building façade. This is also a value-add investment opportunity with the ability to fill vacancies, raise rental rates, and decrease some of the current operating expenses. Positioned in the desirable Geauga County community of Novelty, the property offers exceptional connectivity—located just minutes from I-271 with easy access to major towns and suburbs including Chagrin Falls, Chesterland, and Solon, providing access to a skilled labor pool and established business districts.
2,700 - 54,200 SF Available for Lease. Rare opportunity for a local warehousing or manufacturing owner-user to secure their own facility and generate a built-in income stream. Current ownership has invested in numerous upgrades, including new roof sections, sprinkler system enhancements, and a revitalized building façade. This is also a value-add investment opportunity with the ability to fill vacancies, raise rental rates, and decrease some of the current operating expenses. Positioned in the desirable Geauga County community of Novelty, the property offers exceptional connectivity—located just minutes from I-271 with easy access to major towns and suburbs including Chagrin Falls, Chesterland, and Solon, providing access to a skilled labor pool and established business districts.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 16 | 2,700 SF | Industrial | - | Now |
| 1st Fl-Ste 17 | 3,200 SF | Office | - | Now |
| 1st Fl - 2-3-4-5-7 | 6,200-48,300 SF | Industrial | - | 30 Days |
1st Fl - 16
| Size |
| 2,700 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 17
| Size |
| 3,200 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl - 2-3-4-5-7
| Size |
| 6,200-48,300 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 30 Days |
1st Fl - 16
| Size | 2,700 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
2,700 - 54,200 SF Available for Lease. Rare opportunity for a local warehousing or manufacturing owner-user to secure their own facility and generate a built-in income stream. Current ownership has invested in numerous upgrades, including new roof sections, sprinkler system enhancements, and a revitalized building façade. This is also a value-add investment opportunity with the ability to fill vacancies, raise rental rates, and decrease some of the current operating expenses. Positioned in the desirable Geauga County community of Novelty, the property offers exceptional connectivity—located just minutes from I-271 with easy access to major towns and suburbs including Chagrin Falls, Chesterland, and Solon, providing access to a skilled labor pool and established business districts.
1st Fl-Ste 17
| Size | 3,200 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
2,700 - 54,200 SF Available for Lease. Rare opportunity for a local warehousing or manufacturing owner-user to secure their own facility and generate a built-in income stream. Current ownership has invested in numerous upgrades, including new roof sections, sprinkler system enhancements, and a revitalized building façade. This is also a value-add investment opportunity with the ability to fill vacancies, raise rental rates, and decrease some of the current operating expenses. Positioned in the desirable Geauga County community of Novelty, the property offers exceptional connectivity—located just minutes from I-271 with easy access to major towns and suburbs including Chagrin Falls, Chesterland, and Solon, providing access to a skilled labor pool and established business districts.
1st Fl - 2-3-4-5-7
| Size | 6,200-48,300 SF |
| Space Use | Industrial |
| Condition | - |
| Available | 30 Days |
2,700 - 54,200 SF Available for Lease. Rare opportunity for a local warehousing or manufacturing owner-user to secure their own facility and generate a built-in income stream. Current ownership has invested in numerous upgrades, including new roof sections, sprinkler system enhancements, and a revitalized building façade. This is also a value-add investment opportunity with the ability to fill vacancies, raise rental rates, and decrease some of the current operating expenses. Positioned in the desirable Geauga County community of Novelty, the property offers exceptional connectivity—located just minutes from I-271 with easy access to major towns and suburbs including Chagrin Falls, Chesterland, and Solon, providing access to a skilled labor pool and established business districts.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $755,898 CAD | |
| Land Assessment | $180,424 CAD | Total Assessment | $936,322 CAD |
PROPERTY TAXES
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Newbury-Kinsman Centre | 9988 Kinsman Rd
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