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The Exeter Building 16903 Fischer Rd 5 100 pi² Bureau Immeuble Cleveland, OH 44107 586 623 $ CAD (115,02 $ CAD/pi²) 8,56% Taux de capitalisation



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Faits saillants de l'investissement
- Distinctive 1929 brick office building showcasing original architectural character and charm
- Recent capital improvements include new skylights, spray foam roof with slate ice guard, and two new boilers installed in 2022
- Three waterproofed basements with new drain tile and a private nine-car parking lot at the rear of the property
- Six total office suites, including two large second-floor units with private offices, full kitchens, and baths
- Individual electric panels, meters, and heating zones for each suite, plus window A/C units for added comfort
- Prime West Park location near Rocky River Drive, minutes from I-90 and Downtown Cleveland, offering convenient access and visibility
Résumé de l'annonce
Introducing **The Exeter Building**, a well-maintained and character-rich 1929 brick office building located in Cleveland’s highly desirable West Park neighborhood, just across from Lakewood.
This iconic and beloved property features six total office suites, including two expansive second-floor units—each approximately 1,100 square feet—offering two private offices, a large reception or meeting room, full kitchen and dining area, private full bath, and generous storage. The main level includes four individual suites of various sizes, each with its own private bath. The building retains much of its original charm and architectural detail, while key infrastructure improvements have been thoughtfully made, including new windows at the rear (double-hung on the second floor, glass block on the first), new skylights, a 2” spray foam roof with slate ice guard and eave heaters (2018), and two new boilers (2022) serving seven heating zones, each with an individual thermostat. Each unit has its own electric panel, meter, and window A/C unit. Additional features include three waterproofed basements with new drain tile and a private 9-car parking lot in the rear.
Located just off Rocky River Drive, minutes from I-90 and Downtown Cleveland, this is a rare opportunity to own a landmark building with enduring character and strong investment or owner-occupant potential. Call today for more information or to schedule a private showing.
This iconic and beloved property features six total office suites, including two expansive second-floor units—each approximately 1,100 square feet—offering two private offices, a large reception or meeting room, full kitchen and dining area, private full bath, and generous storage. The main level includes four individual suites of various sizes, each with its own private bath. The building retains much of its original charm and architectural detail, while key infrastructure improvements have been thoughtfully made, including new windows at the rear (double-hung on the second floor, glass block on the first), new skylights, a 2” spray foam roof with slate ice guard and eave heaters (2018), and two new boilers (2022) serving seven heating zones, each with an individual thermostat. Each unit has its own electric panel, meter, and window A/C unit. Additional features include three waterproofed basements with new drain tile and a private 9-car parking lot in the rear.
Located just off Rocky River Drive, minutes from I-90 and Downtown Cleveland, this is a rare opportunity to own a landmark building with enduring character and strong investment or owner-occupant potential. Call today for more information or to schedule a private showing.
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Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Condition de vente
Propriété à inoccupation élevée
Type de propriété
Taille du bâtiment
5 100 pi²
Classe d’immeuble
C
Année de construction/rénovation
1927/2022
Prix
586 623 $ CAD
Prix par pi²
115,02 $ CAD
Taux de capitalisation
8,56%
Revenu net d’exploitation
50 215 $ CAD
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
2 550 pi²
Coefficient d’occupation des sols de l’immeuble
0,81
Taille du lot
0,14 AC
Zonage
LR - Bureau/Commerce/Détaillant
Stationnement
10 places (1,96 places par 1 000 pi² loué)
Commodités
- Espace d'entreposage
1 1
Assez praticable à pied
50/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun limités
20/100
Moyennement praticable en vélo
60/100
Impôts fonciers
| Numéro de lot | 024-04-002 | Évaluation des bâtiments | 111 402 $ CAD |
| Évaluation du terrain | 13 840 $ CAD | Évaluation totale | 125 242 $ CAD |
Impôts fonciers
Numéro de lot
024-04-002
Évaluation du terrain
13 840 $ CAD
Évaluation des bâtiments
111 402 $ CAD
Évaluation totale
125 242 $ CAD
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The Exeter Building | 16903 Fischer Rd
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