Thursday, May 16th, 2024 May16th2024

SOLD ALERT: Antioch Pike Commercial Property Sold for $311/SF

Published on May 16th, 2024

Sold Alerts provide potential sellers with hard-to-get comparable sale information.

 

 

Go behind the scenes with this undisclosed, off-the-record transaction that may affect the value of your commercial property:
  • 1660 Antioch Pike was built in 1989 on a .43 acre parcel of land.
  • The building has 3 drive-in doors and is currently occupied by We Care Auto Care.
  • All 3 bays drive thru and exit the rear of the building.
  • Zoned OR20.
  • 16 parking spaces.
  • 70’ of frontage with one curb cut.
  • Metal construction.
  • Located between New Image Auto Sales and Mill Creek Discount Liquors.
  • The property last traded in 2014 for $500,000.
  • The buyer put 20% down with bank financing.
  • The property just sold for $1,100,000…the equivalent of $311/SF.

 


Get clarity on exactly what it would look like to sell your property in today’s market.  Get your free Seller Clarity Report now.


Let the comps speak for themselves…get the 3 comparable sales most like your property.  Get your comps now.


About Beau Beach, MBA CCIM

Beau is a battle-tested Commercial Real Estate Broker, entrepreneur, author and adoring father of four.  His clients appreciate his no-nonsense demeanor and his legendary work ethic.

Beau leads Beachwood which is an elite commercial real estate brokerage for sellers in the Southeast.

He’s earned the revered “CCIM” designation which is awarded to the top 6% of all commercial real estate brokers.

He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.

Click to schedule a call with Beau or email to Beau@SoldbyBeachwood.com