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$590,000
53 Days On Site

12388 Cleveland Avenue NW
Uniontown, OH 44685

For Sale|Office|Active
0
Beds
0
Full Baths
0
Partial Baths
5,998
SqFt
$98
/SqFt
1943
Built
Subdivision:
Lake/Sec 07
County:
Stark

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440.838.1111
12388 Cleveland Avenue NW12388 Cleveland Avenue NW12388 Cleveland Avenue NW12388 Cleveland Avenue NW
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Nearly 6,000 Office Building on Cleveland Ave in Lake Township with 1.1 Acre Property. Excellent exposure with 107 ft Frontage, zoned C1 and a Traffic Count of nearly 10,000 cars per day! Current occupant to maintain on long-term lease on a portion of the building. There is further rental potential with 3 full levels, all with private entrances. The Main Level features an Entrance Area with 2 Story Foyer, Reception Desk, 2 Large Conference Rooms, Waiting Room, Grand Office with Fireplace, Front Office, Filing/Storage/Technology Area and a Half Bath. The Upper-Level features 5 Office Spaces, Reception Hall Area and a Filing/Storage/Technology Area. The Garden Level features 3 Offices, 2 Entrance Halls, a Meeting Area, Storage Area, Breakroom Area, 2 Half Baths and 3 Utility Areas. The entire building has beautiful details including natural woodwork, wood paneled walls, hardwood flooring and bright windows allowing natural light. The building was renovated in 1991 and has updated electrical. There are 2 Furnaces and newer Central Air with Zoned Capabilities. The parking lot and landscaping were updated in 2023. The roof is less than 10 years old with 25-year shingles. Once fully leased, this property has a potential for an 11%+ Cap Rate. This is the perfect opportunity for a business looking to have a presence in Lake Twp or for an investor looking for a strong Cap Rate and future potential. Please reach out for your private showing!

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Listing Snapshot
Price 
$590,000
Days On Site 
53 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,998 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.1 Acres
Year Built 
1943
MLS® Number 
5073656
Status 
Active
Property Tax 
$7,454
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
1.1
Additional Property Use 
Office
Number Of Stories 
2
Parking 
Additional ParkingCircular DrivewayCommonDrivewayGuestGravelParking Lot
Parking Spaces 
20
Property Sub Type 
Office
Sewer 
Septic Tank
SqFt Total 
5998
Stories 
Two
Water Source 
Public
Zoning 
Office
Interior Features
Basement 
DaylightExterior EntryFullFinishedInterior EntryStorage SpaceWalk-Out Access
Cooling 
Central Air
Heating 
Natural GasForced Air
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Exterior Features
Roof 
AsphaltFiberglass
Community Features
Financing Terms Available 
Lease Back
School District 
Lake LSD Stark- 7606
Township 
Lake Twp
Schools
School District
Lake LSD Stark- 7606
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Jaime D Wolfe of High Point Real Estate Group



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2024 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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