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Property Detail

Babbitt Road
940 Babbitt Road offers a highly visible 27,192-square-foot property situated on a 5.6-acre site.
$4,000,000

Description

  • 940 Babbitt Road offers a highly visible 27,192-square-foot property situated on a 5.6-acre site that formerly operated as a car dealership.
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  • Prime frontage along Interstate 90 and excellent exposure to over 116,000 vehicles per day along Route 2 and Babbitt Road.
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  • Adjacent lot available for further retail development. Offered for sale and lease.
  • Zoned U4 for Retail and Services, suitable for a wide range of retail, automotive, showroom, or office users.
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  • Situated across from the new 600,000-square-foot Amazon Distribution Center, Lincoln Electric, and the gateway to Euclid Industrial Market.
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  • Up to 7% broker incentives. All brokers encouraged to schedule a tour. 1st All Investments is looking for broker representation for their properties.

Executive Summary

Prominently located along Interstate 90, 940 Babbitt Road is a 27,192-square-foot property on 5.6 acres boasting prime frontage and accessibility in the booming Euclid Industrial Market. This well-positioned building comprises concrete block construction with steel studs and glass split-face block curtain walls in the showroom and general office, and features a 10- to 12-foot ceiling height. The property is suitable for various businesses, from retail to office or office/medical. Additional land is available build-to-suit with separate road access.

Formerly operating as a car dealership, all equipment is in place and is turnkey for new dealership tenants. This can be divided into 4,000- to 5,000-square-foot spaces and comprises a front retail space and a mechanic or body shop in the back with lifts and loading doors, ramps, and roll-up bay doors. With more than 100 car spaces, the site provides ample on-site parking. Billboard advertising opportunities with prime visibility along Interstate 90 are also available. Another investor option would be developing the adjacent lot into another retail property.

940 Babbitt Road is in good company with a brand-new, 600,000-square-foot Amazon Distribution Center across the street, along with the Bluestone Business Center Industrial Park just down the road. The property benefits from a densely populated submarket of 77,969 people within a 3-mile radius, a daytime population of 73,700 people, and superior highway convenience. Interstate 90 runs alongside the property, granting it superior connectivity and visibility to enhance its efficacy for a wide range of uses. Interstate 271 and Lakeland Freeway are within minutes, providing seamless connections to Cleveland, Akron, Erie, and beyond.

Euclid is located about 15 minutes northeast of Cleveland. The city prides itself on its classic hometown feel and offers a broad selection of shopping, dining, and service options. Nestled along the shores of Lake Erie, Euclid is home to several gorgeous parks and small beaches. Its closeness to Cleveland provides residents and visitors alike with easy access to the city’s biggest attractions. With incredible accessibility, the well-maintained 940 Babbitt Road is primed to offer an ideal commercial space opportunity.

Highway Visible Former Car Dealership

Listing ID : 00754

SKU: 754

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Price History

DateEventPrice
December 10 2024Listed$4,000,000.00