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24945 Detroit Road Westlake, OH $ 1,550,000
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$ 1,550,000 Get more info
24945 Detroit Road
$ 1,550,000
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24945 Detroit Road

Westlake, OH, 44145
$ 1,550,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,544

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Commercial Property for sale in Westlake, OH

for $1,550,000. This building was built in 1939 on a lot size of 1.61.

1.6 ACRE PRIME LOCATION!!! Fantastic mixed use investment property or re-develop. Currently there are 4 tenants giving you a 7% CAP rate , and additionally there is a value-add by also renting the warehouse and the basement space. On the exterior there are two cargo doors for the warehouse space. (10x10 and 8x10), and approx 108 parking spots. Being near the corner of Detroit and Columbia also gives this property easy access to I-90.

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Commercial Active

Price

$ 1,550,000

Property Type

Commercial

Taxes

$ 18,626

Style

Lot Size

1.61

Year Built

1939

Town/City

Westlake

County/Region

Cuyahoga

MLS | Web ID

5216123
Features
General
Sewer Public Sewer
Heating Forced Air
Possession Negotiable
Year Built 1939
Township Westlake
Property Subtype Mixed Use
Tax Year 2025
Current Use Mixed Use
County Cuyahoga
Net Operating Income 109080
Operating Expense 69000
Property Type Commercial Sale
Attached Garage false
Subdivision Name Westhill Estates 02
Status Active
Directions Near the intersection of Detroit and Columbia
City Westlake
High School District Westlake CSD - 1832
Lot Size Units Acres
Tax Annual Amount 18626
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Westlake CSD - 1832
Elementary School District Westlake CSD - 1832
Year Built Source Public Records
Property Sub Type Additional Mixed Use
Cap Rate 7
Legal Description 66 78 0045 21324020
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Interior
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Parking Lot
Water Source Public
Total Parking 108
Lot Size Area 1.61
Lot Size Acres 1.61
Lot Size Source Assessor
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* Excluded Features
List By
Steve Kuri

Listing Agent

W.W. Reed And Son

Broker

steveakuri@aol.com

Email

Affordability Calculator

$11,096
Per Month
86%
14%
0%
Monthly Principal & Interest
$9,544
Monthly Property Taxes
$1,552
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4458565 Elementary School
4458624 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/10/2026$1,550,000 Listed Price

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24945 Detroit Road, Westlake, OH, 44145 is a Commercial Property for sale at $1,550,000 with a lot size of 1.61. 24945 Detroit Road was built in 1939. The property's zip code is 44145 which is in Westlake, OH

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