Rare Anchor Big Box Shadow Anchored by Pavilion Shopping Center 23949 Chagrin Boulevard

Beachwood, OH 44122

For Sale

40,700 sqft

Sale Price

$3,450,000
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Rare Anchor Big Box Shadow Anchored by Pavilion Shopping Center 23949 Chagrin Boulevard - Image 1
Rare Anchor Big Box Shadow Anchored by Pavilion Shopping Center 23949 Chagrin Boulevard - Image 2
Brochure
Map
Retail For Sale - Available Immediately
$400,000 Price Reduction!
40,700 SF former Steinmart on 3.21 acres of land
Rare anchor store box purchase opportunity in one of the best retail and demographic markets in Northern Ohio
Value Add: future potential outlot opportunity
Join Giant Eagle, Ross Dress for Less, Petco, Michaels and more, shadow anchored by Pavilion Shopping Center (one of Beachwood's most established power centers)
High traffic counts of 25,800 VPD on Chagrin Blvd (source ODOT TIMS)
Loading: 2 recessed truck wells
Get in touch
Joseph Khouri
Joseph Khouri
Kevin Moss
Kevin Moss
• Ceiling heights:
— South wall: The bottom of joist is approximately 17'-11", and bottom of deck is approx. 19'-8 3/4" (south is the front of the store facing Chagrin). North wall: The bottom of joist is 16'-3", and 18' to the bottom of the deck (north is the rear of the store) - the roof slopes from front to back (building has internal roof drains).

• Zoned: U-4A integrated Business
— Permitted uses include general retail, hotel, multifamily with ground floor retail, childcare, fitness and more
— The property is subject to the Pavilion CCR's and would require consent from the neighboring owner
— PPN: 74215035 (Cuyahoga County)

• The site is located in the heart of the Beachwood MSA, the market features:
— Retail: High-end retail, featuring Ohio's only Saks, Cleveland's only Nordstrom, Restoration Hardware Mansion, Tiffany, Apple, Whole Foods, Warby Parker and many more
— Office: Over 5m SF office space with 6 Fortune 500 Companies in the east side office district
— Medical: Minutes from University Hospital Ahuja hospital, which underwent a $236m expansion in '24
— Hotels: Over 15 hotels with over 2,000 keys

Total Space Available

40,700 sqft

Sale Price

$3,450,000
Rare Anchor Big Box Shadow Anchored by Pavilion Shopping Center 23949 Chagrin Boulevard - Image 1
Rare Anchor Big Box Shadow Anchored by Pavilion Shopping Center 23949 Chagrin Boulevard - Image 2
Get in touch
Joseph Khouri
Joseph Khouri
Kevin Moss
Kevin Moss