365 E 200th StreetEuclid, OH 44119

365 E 200th StreetEuclid, OH 44119

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$250,090 Active
Commercial - Business MLS 5178447

Listed By

Agency Name: Century 21 Premiere Properties, Inc.
Agency Contact: 216-455-7677, ppoffice.admin@century21.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Presenting premier freestanding retail opportunity in the vibrant community of Euclid, Ohio. This remarkable 2,700-square-foot brick building, previously a bank, is strategically positioned on a prominent corner lot along 200 Street, ensuring exceptional visibility to approximately 5,000 vehicles daily. The property includes 17 dedicated parking spaces, offering convenient access for both customers and staff. Located just moments from Interstate 90, this site boasts outstanding accessibility, making it an ideal destination for local residents and passing traffic alike. The property holds significant potential for attracting a new tenant or serving as an optimal site for an owner/operator, making it an excellent candidate for creative redevelopment. Situated in the heart of Euclid, the area is home to a bustling community with a population nearing 75,000 within a three-mile radius, providing a substantial customer base for any retail enterprise. The surrounding vicinity features well-established national retailers, including The Home Depot, Aldi, Chipotle, Dollar General, Dollar Tree, and Wendy's, fostering strong commercial synergy and generating consistent foot traffic. The building's robust brick construction not only enhances its aesthetic appeal but also ensures durability and low maintenance costs. With its expansive layout and prime location, this versatile retail space offers tremendous potential for various uses, ranging from fast-casual dining to retail operations. Don't miss this opportunity to invest in a property that combines a strategic location, a thriving community demographic, and the flexibility to meet your business needs. Schedule a viewing today to explore the possibilities and unlock the full potential of this exceptional opportunity! The property is also available for lease. Property taxes have been reduced to 10,000 approximately a year.

365 E 200th Street | MLS# 5178447

This commercial property located at 365 E 200th Street, Euclid, OH 44119 is currently listed for sale with an asking price of $250,090. E 200th Street is located within the Cleveland Municipal - 1809 school district. Search Euclid real estate on 3603stonewaypoint.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Days on Market: 16
Heating: Forced Air
Lot Size: 0.33 Acres
Roof Type: Composition
Taxes: $34,874 / year
Year Built: 1975

Feature Descriptions

Building Features: Lunchroom, Meeting Room(s), Private Restrooms, Public Restrooms, Sign(s), Storage, Wi-Fi
Parcel#: 642-22-013
Parking: Asphalt, Driveway
Security: Security System
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 365 E 200th Street, Euclid, OH 44119
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau