205-255 Center Street, Seville OH 44273

Lease Terms:

5 UNITS FOR LEASE Unit 217: $12/SF + $2.35/SF+ CAM Unit 221: $12/SF BASE RENT + $2.35/SF+ CAM Unit 227: $12/SF BASE RENT + $2.35/SF+ CAM Unit 229: $14/SF BASE RENT + $2.35/SF + CAM Unit 239 $1.46/SF + CAM

Description

Property Description:   205-255 Center Street is the busy 16,706 SF Homestead Center in Seville Ohio, home to the  'World's Largest Yard Sale" and the giants of Seville, Capt. and Mrs. Anna Bates. This is the premier shopping center of Seville and is zoned Local Commercial, which permits most office and retail usages. The plaza has parking for 96 vehicles, and signage is permitted on both the building and a monument sign at the street. Tenant pays for all utilities.

Unit 217 is a build to suit space of 1,451 SF

Unit 221 is a build to suit space of 1,426 SF, or approximately sixty feet by twenty-four feet, that can be built to suit either your office or retail requirements.  Unit has a rear door and a door opening onto the plaza parking lot

Unit 227  is 1,625 SF space with 1 office, 2 dressing rooms, two ADA restrooms and large open space

Unit 229 is 1,625 SF of built-out medical space. There are three exam rooms, kitchen, waiting room, nurses station, and restroom

Unit 239 is 1,468 SF of retail space with an office, storage room and a restroom

Property is also for sale:

Cap Rate on Building Value- 5.07%

Net Operating Income- $88,452

Location Description:   This plaza is located one mile east of I-71 and ½ mile south of the I-76/SR-3 interchange in the Village of Seville, in south central Medina County, Northeast Ohio. This location gives you easy access to Akron, Columbus, Cleveland, Canton, Medina and major airports.  It is only 1½ miles to the I-76 and I-71 cloverleaf.  The Homestead Centre sits at a high traffic, high visibility corner of Center Street (SR-3) and Greenwich Road.  The plaza has entrances on both of these streets.  It is just south of Beacon South Industrial Park and Seville Family Medicine. Daily traffic count is 11,060.  A newer Mexican restaurant, El Patron, and a new Dollar General Store are across the street from the plaza on Center Street. There is a newer residential subdivision across from the plaza on Greenwich Road.

Additional Info

Within City Limits:
Yes
Ceiling Clear:
8 ft -12 ft
Construction Type:
Brick
Distance from Nearest Interstate:
1/2 Mile south of I-76 at SR-3 interchange
Former Use:
Retail/Medical Office
Primary Building Type:
Retail
Zoning:
Local Commercial

Property Location

Specifications

Status:
For Sale, For Lease
Sale Price:
$ 1,745,000
Property Type:
Office, Retail
Locality:
Homestead Center - Village of Seville
Year:
2002
Sq. Feet:
4,676
City:
Seville
Corner Property:
No
Primary Building Type:
Retail
  • Steve Masica, CCIM

    Steve Masica
    Real Estate Agent & Consultant
    Steve@GerspacherGroup.com
    Office: 
    330.722.5002
    Mobile: 
    330.714.4415
    Fax: 
    330.723.6330

    Steve Masica comes to the Gerspacher Real Estate Group from an award winning career as the owner of Masica Builders. He has also been a real estate broker since 2006 when he founded MSL Realty. He has been the owner/partner in JC Holdings, SLM Development Co., the Strand Company, and Sharon Circle, LLC. Since joining the Gerspacher firm in 2013, Steve continues to bring his vast experience in construction, real estate and development to his Gerspacher clients.

    Education

    • Medina County Career Center, Medina OH
    • Ohio Real Estate License, Hondros College, Akron OH
    • Member - CCIM

    Affiliations

    • National Association of Home Builders, Life Spike Member
    • Medina County Homebuilders Association, Past President
    • Habitat for Humanity Volunteer
    • Knights of Columbus, Purser 4th Degree
    • Main Street Medina Project RENEW General Contractor
    • Northern Medina County Chamber of Commerce
    • Greater Medina Chamber of Commerce
    • Wadsworth Area Chamber of Commerce

    Recognitions

    • Great Lakes Brick Council Outstanding Use of Brick in New Residential Construction (2)
    • Outstanding Construction Restoration (Strand Theater) Wadsworth Chamber of Commerce
    • Medina Parade of Homes (3)
    • Cover/Feature, Builder/Architect Magazine, Cleveland Edition
    https://www.linkedin.com/in/steve-masica-ccim-58566110/
    https://twitter.com/stevemasica
  • Michelle Masica

    Michelle Masica
    Real Estate Agent & Consultant
    Michelle@GerspacherGroup.com
    Office: 
    330.722.5002
    Mobile: 
    330.590.7401
    Fax: 
    330.723.6330

    Michelle Masica was born in Arkansas and moved to Medina in 1979 when her father’s work brought the family to the area. She has stayed in the north and made Medina County her home. After completing college, Michelle worked in sales and communications. When Michelle joined her husband’s business, Masica Builders, she obtained her brokers license and sold property for their real estate company, MSL Realty. In 2008, the real estate company was sold and Michelle became the Executive Director of the Wadsworth Area Chamber of Commerce. In 2011, Michelle returned to real estate as a broker with the Gerspacher Real Estate Group. Her knowledge of the county, and real estate development and sales give her clients a real advantage.

    Education

    • Bachelor of Arts in Mass Communications, Miami University, Oxford OH
    • Ohio Real Estate License, Hondros College, Akron OH
    • CCIM Coursework

    Affiliations

    • Faith in Action Board of Trustees
    • Gamma Phi Beta, Alumni Treasurer
    • Medina County Economic Development Corp.
    • Northern Medina County Chamber of Commerce
    • Greater Medina Chamber of Commerce
    • Wadsworth Area Chamber of Commerce
    • Leadership Medina County Graduate
    • LMC Alumni Development Committee
    • Medina County Convention and Visitors Bureau, Past President
    http://www.linkedin.com/pub/michelle-masica/8/65a/48b
    https://twitter.com/mmasica