Darley Warehouse

Industrial for Sale
Catylist Listing ID: 28467003
Property Subtypes: Free-Standing, Manufacturing, Warehouse/Distribution
Building Size (RSF): 154,000 SF
Gross Land Area: 6.80 Acres
Sale Price: $1,100,000
Unit Price: $7.14 PSF
Ceiling: 18 ft. / 14 ft. Clear
Docks/Doors: 6 Docks
Office SF: 300 SF
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Building Name: Darley Warehouse
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/26/2017

Overview / Comments

The Darley Warehouse property is 154,000 sqft with 18 ft. ceiling and 14 ft. clear height under the joist. It is Zoned heavy Industrial with a dedicated truck route to E 152nd st to I-90/RT2. The building has a DRY sprinkler system so heating costs can be kept low. The Environmental work has been completed along with the recent phase one and completed phase two with closure letters acceptable for financing purposes. Substantial lot improvements have been made over the past few months to allow outdoor storage and truck parking. The property can be Divisible from 40-100,000 sq. feet.

Additional Details

Nearest MSA: Cleveland-Elyria-Mentor
County: Cuyahoga
Tax ID/APN: 112-27-002
Zoning: HEAVY INDUSTRIAL
Property Located Between: East 140th and E 152nd Street
Side of Street: South
Road Type: Paved
Transportation: Highway
Highway Access: Easy access to I-90 East and West
Airports: Cleveland Hopkins
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 154,000 SF
Property Condition: Good
Year Built: 1940
Year Renovated: 2012
Roof Type: Flat
Construction/Siding: Block, Brick
Exterior Description: The exterior windows were recently blocked in with portions of Glass block and cinder block for energy efficiency.
Parking Type: Surface
Parking Description: Ample parking in the rear of the property. Two empty lots across the street could be utilized for more employees parking.
Amps: 3,000
Volts: 480
X-Phase: 3
Heat Type: Suspended Radiant Heaters
Heat Source: Ceiling Units
Internet Access: DSL
Interior Description: *More than $900,000 in improvements over last 12 months: *Substantial roof upgrades *New glass block windows *Hanging gas fired reznor heaters *16 camera DVR video monitoring system. *Full Wi-Fi coverage around the property *Heavy power: 3000 amp 480v system with new electrical wiring from distribution panel throughout building. 480 3ph and 120 single phase throughout building *New, high efficiency T-8 lighting throughout *Exterior safety lighting *Exit and emergency lighting to code *120,0000 lb. weighbridge available *for sale separately* *Column spacing is 20x40 ft. bays. *10” concrete throughout most of interior *6 truck docks, all with automatic levelers. 2 interior in front, 2 interior and 2 exterior in rear 2 drive in doors side and back of building 18ft high ceilings (14 ft. clear).
Zoning Description: Heavy Industrial

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,456 119,520 282,199
Median Age: 34.62 39.88 38.83
Households: 6,509 52,383 123,231

Source

© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.