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Owner/User Income Generating Office Building for Sale 24650 Center Ridge Road, Westlake, OH 44145
Availability:
for sale
Property Type:
Office
Building Size:
64,135 SF
Land Size:
3.04 Ac
Price:
$4,250,000
Price per SF:
$66.27
Sam Tecca
sam@gerspachergroup.com
(330) 722-5002
Troy Gerspacher, CCIM, SIOR
troy@gerspachergroup.com
(330) 722-5002
Property Description
A prominent four-story office building offering approximately 64,135 SF of Class B office space. Originally constructed in 1976, the property has undergone significant renovations over the years and is well-maintained. The building features efficient and flexible floor plans, abundant natural light, open layouts, and a variety of private office configurations. Building amenities include 24-hour access, a security system, kitchen facilities, and open-bullpen workspaces. The property comprises five suites ranging in size from approximately 4,585 SF up to 51,525 SF. Suite 110 and Suite 100 on the 1st floor include 26 private offices, a large open bullpen, reception area, conference room, kitchenette, breakroom, and men’s/women’s restrooms. The 2nd floor features 12 private offices, multiple large bullpen areas surrounded by windows and natural light, a kitchenette, and men’s/women’s restrooms. The 3rd floor offers 9 private offices, 6 cubicle areas, 2 break rooms, a conference room, and men’s/women’s restrooms. The 4th floor offers 14 private offices, 2 breakrooms, 2 large open bullpen areas, and men’s/women’s restrooms.
Area Description
24650 Center Ridge Road is a vibrant suburb approximately 12 miles west of downtown Cleveland. This prime location provides convenient access to major highways, including I-90 and I-480, making for easy commutes to Cleveland and its surrounding areas. The property is just minutes away from Crocker Park, a premier shopping and entertainment destination featuring a diverse array of retail stores, restaurants, and a state-of-the-art movie theater.
Highlights
- Total Building SF: 64,135 SF | Lot Size: 3.04 Acres
- Price Per SF: $66.26/SF
- New Owner can Occupy up to Approximately 51,525 SF for their Business or Partially Occupy the Building and Lease the Remaining Space to New Tenants
- Rear Building Consists of 12,610 SF Occupied by Ombudsman Educational Services until July 31, 2030. Income Can Help Offset a Mortgage!
- Minutes Away from Crocker Park and I-90, Offering a Variety of Dining, Shopping, and Entertainment Options
- Ideal Buyers Include: Professional Offices, Medical Services, Educational Centers, Service-Based Businesses, and Tech Startups
- Building Improvements Include New Roof on Rear Building, Updated Parking Lot, and Exterior Facelift
- Year Built: 1976
- 2025 Annual Real Estate Taxes: $32,670.66
Full Address: 24650 Center Ridge Road, Westlake, OH 44145
Listing Type: FOR SALE
Status: Active
Region: M-EN
County: Cuyahoga County
Property ID: 4073716
Building Sf: 64,135
Features