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930 Lafayette Road

Broker:Sperry Commercial The Masica Company - Sara Combs or Steve Masica
Phone:216.293.8900 or 330.714.4415
Email:sarah.combs@sperrycga.com or steve.masica@sperrycga.com
Website:https://www.sperrycga.com...
Property Type:Warehouse/Mnaufacturing
Address:930 Lafayette Road
Medina, OH 44256
Sale / Lease:Sale
Square Feet Available:58,586 sq. ft.
Size of Site:4.04 acres
Document: 930 Lafayette Road Brochure2.pdf
Description:

Property Description: 930 Lafayette Road is a 58,586 SF manufacturing/warehouse building on 4.04 acres in the City of Medina Industrial Park. Built in 1960 and renovated in 1990, the power is 200 amp, 480 volts and 3 Phase. This building has two tenants leasing spaces of 17,836 SF and 13,100 SF, and generating $80,400 gross annually. The remaining 27,650 SF is available for lease. That space has a 900 SF office, 900 SF mezzanine storage, 3 drive-in doors, one internal dock and one external dock.  Annual taxes in 2019 were $15,776.62. The property is located in both an Opportunity Zone and a Community Reinvestment Area for tax abatements on new capital improvement.  There is 40,000 SF of paved parking surrounding the building.

Location Description:  930 Lafayette Road (US-42) is located in the City of Medina, the county seat for Medina County in Northeast Ohio. It is approximately 6 miles west of the I-71 at SR-18 interchange, 7 miles to I-271, and 7 miles north of the I-76 at SR-3 interchange.  This location gives one easy access to Cleveland, Akron, Canton, Lorain, Columbus, the Ohio Turnpike, Cleveland Hopkins International Airport, and Akron-Canton Airport.

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