Progress Wire Complex

Industrial for Sale
Catylist Listing ID: 30351262
Property Subtypes: Free-Standing, Manufacturing, Light Industrial
Building Size (RSF): 33,000 SF
Gross Land Area: 1 SF
Sale Price: $620,000
Unit Price: $18.79 PSF
Ceiling: 14 ft. / 16 ft. Clear
Docks/Doors: 2 Docks
Office SF: 2,000 SF
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Building Name: Progress Wire Complex
Usable Size (USF): 33,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/11/2018

Overview / Comments

3501 W 140th- 7,896 sqft .44 acres PP# 021-37-036, Drive-in doors, North Building.
3535 W 140th –14,215 sqft .50 acres PP# 021-37-033, dock door, Center Building.
3547 W 140th –11,100 sqft .50 acres PP# 021-37-032, drive in, South Building Barrel Roof.
3549 W-140th -4,800 sqft .494 acres PP# 021-37-047, 2 drive-in doors, 1942 Anchor Building. can be sold separately
Gross building area of complex 38,000 sqft with the Anchor Building 33,210 sqft. Anchor Building is 4,800 sqft.

Additional Details

Nearest MSA: Cleveland-Elyria
County: Cuyahoga
Taxing Authority: Cuyahoga County
Tax ID/APN: 021-37-032
Property Located Between: Triskett and Lorain Ave
Highway Access: I-90 to the North and I-71 to the South
Site Description: Multiple buildings on 1.60 acres
Area Description: Great Industrial market for small business owners
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Fair
Year Built: 1942
Year Renovated: 2001
Roof Type: Barrel Shell
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Metal siding with Brick facade in the front office area. Docks and Drive-in doors allow access from one building to the other.
Parking Type: Surface
Parking Description: Parking along the buildings
Sprinklers: Wet
Amps: 1,000
Volts: 480
X-Phase: 3 phase
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Engineered System
Lighting: Fluorescent
Internet Access: Cable, DSL
Interior Description: Vintage office space with paneling and VCT tile on the floor
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,242 179,870 359,428
Median Age: 37.47 37.37 38.13
Households: 10,865 80,546 155,960
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