90% Occupied Multi-Tenant Medical/Office For Sale

754 S. Cleveland Ave., Mogadore, OH

$1,150,000

Price

16,488 sqft

Building Size

6.47 acres

Lot Area

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Street
Map
Overview
Building Size
16,488 sqft
Lot Area
6.47 acres
Occupancy
90%
Class
B
Units
5
Year Built
1989
Floors
3
Description

SVN Summit Commercial Advisors is pleased to exclusively offer Portage Hills Park West, 90% occupied, medical/office investment opportunity. Net leases; anchor tenant (private practice) with 8 years remaining; other leases with 5, 6, and 3 years remaining. Upside exists in leasing the vacant 2nd floor suite and billing back as per leases. The property is strategically located off SR-224 in a gorgeous park-like setting in Mogadore, Ohio in Summit County on the border of Portage county.

Located in Mogadore, Ohio (Springfield Township) off SR 224 ideally positioned in Summit, close to both Portage and Stark counties.

Highlights
  • 90% occupied medical/office building
  • New water system (2021)
  • New monument signage (2021)
  • Parking lot resurfaced and restriped (2021)
  • 50% of the building has been updated to LED (2021 & 2022)
  • Value-add with one remaining vacancy
Documents
Location
Gallery