5201 Warrensville Center Road

For Sale

5201 Warrensville Center Road, Maple Heights, OH 44137

This Maple Heights property for sale is located at 5201 Warrensville Center Road. The general use of 5201 Warrensville Center Road is office and it incorporates 26,794 square feet of class B office space. The current listed sale price for 5201 Warrensville Center Road is $1,975,000.

Contacts

broker

Kas Filippova

eXp Commercial

Property Details

  • Property Type Office - General Office
  • Property Size 26,794 SF
  • Units 23
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 1957
  • Date Updated Oct 4, 2024
Welcome to this exquisitely renovated ALL BRICK 23-unit complex, perfectly positioned adjacent to major highways and in close proximity to Amazon’s state-of-the-art fulfillment centers and Jack Casino. Enjoy the convenience of being within walking distance to major shopping centers.Each unit boasts expansive open living areas filled with natural light, fresh interior paint, and spacious floor plans. Upgrades include modern vinyl plank flooring, tiled showers, and contemporary kitchens. This complex features 15 new high-efficiency furnaces, 15 new hot water tanks, and updated electrical systems in all 23 units. The roofs were replaced in 2022, ensuring low maintenance. With most units below market rent and 13 units on a month-to-month basis, there’s an opportunity for value add and increased NOI. Tenants cover their own gas and electric, while the owner is responsible for water, trash, sewer, and common area utilities. Additional in-house laundry facilities provide an extra revenue stream to maximize your NOI. Don't miss this exceptional opportunity!

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Highlights

  • Two 11 unit buildings with 3 bed/2 bath house in between
  • Three: Studios
  • Eleven: 1 bed /1 bath units
  • Eight: 2 bed /1 bath units
  • One: 3 bed/ 2 bath house
  • Amenities:
  • Two laundry rooms
  • Individualized Storage closets
  • Parking lots with carports for every unit
  • Inside doorway mail boxes
  • Recent Updates:
  • New plumbing
  • New remodeled bathrooms
  • New flooring - LVP in most units
  • New roof 2022
  • New electric updates
  • Updated 18 out of 23 units
  • 15 new high-efficiency furnaces, 15 new hot water tanks
  • Updated kitchens: new countertops/knobs, new fixtures & floors
  • Value Add Opportunities:
  • With most units below market rent and 13 units on a month-to-month basis, there’s an opportunity for increased NOI.
  • Expenses:
  • Tenants cover their own gas and electric
  • The owner is responsible for water, trash, sewer, and common area utilities.

Getting around

  • 66/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Maple Heights, OH
  • Neighborhood Maple Heights
  • Zip Code 44137
  • Market Cleveland Akron

Points of Interest

  • Warrensville–Van Aken

    3.23 miles

  • Coventry

    5.07 miles

  • Canal Exploration Center

    5.20 miles

  • Rockside

    5.21 miles

  • Buckeye–Woodhill

    6.10 miles

  • East 79th

    6.56 miles

  • East 55th

    7.32 miles

  • Superior

    7.74 miles

  • Stokes-Windermere Station

    8.09 miles

  • Shell

    0.18 miles

  • Marathon

    0.32 miles

  • Sunoco

    0.65 miles

  • StarLion Express

    0.83 miles

  • South-East Harley Davidson

    1.09 miles

  • Valero

    1.51 miles

  • Speedway

    1.74 miles

  • Tesla Supercharger

    7.37 miles

  • eVgo

    8.86 miles

  • ChargePoint

    9.59 miles

  • JACK Thistledown Racino Parking Garage

    1.20 miles

  • Pinecrest Parking Garage

    3.55 miles

  • Horse Trailer Parking

    3.59 miles

  • Dolan East Lot

    4.77 miles

  • Carroll Expansion Lot

    4.85 miles

  • Dolan West Lot

    4.85 miles

  • Boler Lot

    4.88 miles

  • Grasselli Lot

    4.93 miles

  • Pacelli Lot

    4.96 miles

  • Economy Inn & Suites

    0.94 miles

  • El Dorado

    2.61 miles

  • Cleveland Marriott East

    3.02 miles

  • Aloft Cleveland Beachwood

    3.14 miles

  • Drury Inn & Suites Cleveland Orange

    3.24 miles

  • Embassy Suites by Hilton Cleveland Beachwood

    3.52 miles

  • Hampton Inn & Suites Cleveland-Orange

    3.56 miles

  • Extended Stay America - Cleveland - Orange - South

    3.58 miles

  • Residence Inn

    3.62 miles

  • DoubleTree

    3.65 miles

  • Giant Eagle

    0.26 miles

  • Shoppers World

    0.41 miles

  • Save-A-Lot

    0.44 miles

  • Forman Mills

    0.48 miles

  • CAM Asia Supermarket

    0.66 miles

  • ALDI

    0.94 miles

  • Zak Supercenter

    1.08 miles

  • Las Americas

    2.18 miles

  • Dave's

    2.41 miles

  • Marshalls

    2.86 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Kas Filippova

eXp Commercial