5201 Warrensville Center Road

5201 Warrensville Center Road, Maple Heights, OH 44137

  • For Sale $1,975,000
  • 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.

Contacts

broker

Kas Filippova

eXp Commercial

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable

  • Transit Score ®

    43/100 Some Transit

  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Wendy's

    0.31 miles

  • Asian Delight

    0.34 miles

  • Sam Sylk's

    0.36 miles

  • Pizza Hut

    0.38 miles

  • Little Caesars

    0.42 miles

  • Mr. Hero

    0.45 miles

  • rascal house pizza

    0.48 miles

  • McDonald's

    0.49 miles

  • Dunkin'

    0.54 miles

  • John's Best Gyros

    0.58 miles

  • Milkovich Middle School

    0.38 miles

  • Randall Park High School

    0.85 miles

  • Holy Spirit Academy

    1.05 miles

  • Bedford High School

    1.33 miles

  • Ellenwood Elementary School

    1.42 miles

  • Maple Heights High School

    1.44 miles

  • Aurora Upper Intermediate School

    1.48 miles

  • Broadway Elementary School

    1.58 miles

  • John Dewey Elementary School

    1.66 miles

  • Warrensville Heights Middle School

    1.67 miles

  • Good Beginnings Childcare Center

    0.41 miles

  • Learning To Grow II

    0.76 miles

  • Awesome Kids Childcare

    0.98 miles

  • Heavenly Kid's Child Care Center

    1.44 miles

  • The Kids Clubhouse Enrichment Center

    1.53 miles

  • Loving Hearts Daycare

    2.02 miles

  • Uniontown Child Care Center

    2.78 miles

  • Brown's Town Childcare

    3.09 miles

  • Mama Stine's

    4.01 miles

  • Creative Early Learning Center

    4.15 miles

Frequently Asked Questions

How much does 5201 Warrensville Center Road cost?

The space currently listed for sale at 5201 Warrensville Center Road asks for $1,975,000.

What is the total square footage of 5201 Warrensville Center Road?

5201 Warrensville Center Road totals 26,794 square feet.

When was this property built?

5201 Warrensville Center Road was built in 1957.

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Contact Listing Broker

broker

Kas Filippova

eXp Commercial