2648 Medina Road
Rare Office/Warehouse for Sale along Medina Road
Marketing description
A well-positioned office/warehouse opportunity at 2648 Medina Road, offering 19,890 SF of combined office and warehouse space in Sharon Township. This versatile building suits owner-users and investors looking for a commercial property with substantial warehouse capacity and dedicated two-story office space. A 19,890 SF building on 3.80 acres. The building consists of 8,280 SF of office space and 11,610 SF of warehouse. There is 6,480 SF of office space on the first floor (1,680 SF in the front building +4,800 SF built-out within the warehouse) and 1,800 SF of office space on the second floor. The 4,800 SF of office space within the front warehouse could be demolished, creating a total of 16,410 SF of warehouse space. The property was completely updated in 2015 with approximately $425K of improvements, including new build of offices, roof (2015, 2019),4 rooftop A/C units, furnaces, concrete entrances, siding, drive-in & dock doors. Wonderfully located and highly visible from Route 18. Potential for expansion of building and/or yard in the rear of the property.
Investment highlights
- Available: 19,890 SF
- Price per SF: $75.41/SF
- Office space: 8,280 SF currently, with 1,680 SF up front, 1,800 SF on the second floor, and an additional 10 individual offices built out behind it
- Warehouse space: 11,610 SF currently with 12' - 20' ceiling clears, 1 dock door, and 4 drive-in doors
- Current NOI of $93,000
- Frontage: ±208' | Depth: ±904
- Power: 3-Phase, 2,800 AMP, 250 V - if applicable (generally for sales/leases of Industrial)
- Signage: Monument
- Parking: ±50 Spaces
- Zoning: Sharon Township C-2
- Traffic Count: ±30,028
- Highway Access: .2 miles to I-71 and 7 miles to I-77
- Annual Real Estate Taxes: 2025 estimate $18,000
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