9010 Tyler Boulevard, Mentor, OH 44060

$1,848,000

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List Price
$1,848,000
Status
ACTIVE
MLS#
5228685
Year Built
2006
Region
Mentor
Township
Mentor
Subdivision / Building
Mentor Township 07

Property Description

Investment property for sale. Looking for a great 1031 tax free exchange property? Multi-tenant industrial building in Mentor, Ohio. Built in 2006 out of masonry and steel construction. 22 units have all separated utilities (gas and electric) and drive-in doors. Flat member roof with a transferable 20-year Everguard Diamond Pledge NDL Roof Guarantee that started in 12/17/21. Steady stream of income and with few vacancies over the past 20 years. Sale does not include entire parcel and Seller will provide lot split at closing per preliminary sketch that provides Buyer approximately 1.9 acres of land with building. Rent roll and financials will be provided upon execution of SNDA document. 2025 Net income was approximately $135,591.00. Current occupancy is at 77% with gross income of $164,544 allowing for value add with addition of leased units.

Additional Information

Taxes
$21,929
Acres
1.86
Sewer
Public Sewer
Roof
Membrane
Water
Public
Heating
Gas, Space Heater
School District
Mentor EVSD - 4304

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Listing Courtesy of: Rick Osborne, rick.osbornejr@kw.com With Keller Williams Greater Cleveland Northeast

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