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Chagrin Plaza 3 biens • Beachwood, OH
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Faits saillants de l'investissement
- Prominent frontage and visibility along Chagrin Boulevard, the primary commercial corridor serving Beachwood and surrounding Cleveland suburbs
- Close proximity to dense concentration of retail, restaurant, and service amenities
Résumé de l'annonce
THIS PROPERTY IS BEING OFFERED PURSUANT TO A COURT-ORDERED SHERIFF'S SALE IN CASE NO. CV-24-102844 IN THE CUYAHOGA COUNTY COURT OF COMMON PLEAS. THE SALE WILL BE CONDUCTED VIA PUBLIC AUCTION AT 9:00 AM ON MONDAY, MAY 11, 2026 WITH A MINIMUM BID OF $4,100,000 (2/3 OF $6,150,000 APPRAISED VALUE).
Welcome to Chagrin Plaza, a multi-building office complex located along the Chagrin Boulevard corridor in Beachwood, Ohio, one of the most established and highly accessible suburban commercial districts on Cleveland’s east side.
The property is comprised of three adjacent office buildings on 7.37± acres, functioning collectively as a unified campus. The buildings are interconnected via a shared underground parking garage, supplemented by surface parking across the site. This campus-style configuration provides operational flexibility and presents opportunities for a future owner to pursue redevelopment, repositioning, or alternative use strategies, subject to zoning and municipal approvals.
The property is currently subject to a court-appointed receivership. The Receiver is not renewing existing leases or entering into new lease agreements at this
time. This approach is intended to preserve flexibility for a future owner to implement a comprehensive redevelopment or repositioning plan without long-term
leasing constraints.
Welcome to Chagrin Plaza, a multi-building office complex located along the Chagrin Boulevard corridor in Beachwood, Ohio, one of the most established and highly accessible suburban commercial districts on Cleveland’s east side.
The property is comprised of three adjacent office buildings on 7.37± acres, functioning collectively as a unified campus. The buildings are interconnected via a shared underground parking garage, supplemented by surface parking across the site. This campus-style configuration provides operational flexibility and presents opportunities for a future owner to pursue redevelopment, repositioning, or alternative use strategies, subject to zoning and municipal approvals.
The property is currently subject to a court-appointed receivership. The Receiver is not renewing existing leases or entering into new lease agreements at this
time. This approach is intended to preserve flexibility for a future owner to implement a comprehensive redevelopment or repositioning plan without long-term
leasing constraints.
Faits sur la propriété
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Chagrin Plaza West
23611 Chagrin Blvd, Beachwood, OH 44122 |
Bureau | 60 424 pi² | 1974 | - |
|
Chagrin Plaza East
23811 Chagrin Blvd, Beachwood, OH 44122 |
Bureau | 56 304 pi² | 1976 | - |
|
Chagrin Plaza
23711 Chagrin Blvd, Beachwood, OH 44122 |
Commerce de détail | 6 676 pi² | 1969 | - |
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