8820 East Ave Mentor, OH 44060

227724315 41.685486 -81.32327 350 /listing/227724315-151165716/8820-east-ave-mentor-oh-44060 False 0 5250000.0 101 4059822 False
  • $5,250,000
  • 7.83 lot
  • Est payment $28183.14/mo

Property & Neighborhood Info

Courtesy Of Keller Williams Grt Cleve NE

Commercial in Mentor

Mag-Nif, Inc. produces motorized, novelty, and non motorized banks. It offers animated coin sorting banks, automated sorting devices, digital coin counters, puzzles and games, value pack preformed wrappers for wrapping coins, trim-a-tree and gift wrap bow-making items, and bow pins. The company was founded in 1963 in Mentor, Ohio. The property, land, and equipment are being sold. Total property is approximately 150,000 SF on 7.8 acres of land and will be verified per sale. All plastic injection molding machines, pallet racking, and other assets are for sale and available per separate price and are not including in this price. Multiple expansion of building have occurred from 1963 to present. Warehouse additions occurred in 1994 (40,062 SF), 1995 (11,731 SF), and 2002 (21,085 SF) including previous existing office/manufacturing areas (77,006) improvements and remodeling during the 1990's. Heavy electrical power is brought to property, specifically 1200 amp, 480 Volt, 3-Phase power. Oil/Gas well is included with sale with all mineral right offered in purchase. Addition built in 2002 has standard fire suppression with 26' clear height ideal for rack storage. Remaining clear heights range from 24' to 14' in warehouse and manufacturing areas.

Courtesy Of Keller Williams Grt Cleve NE
  1. 7.83 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1930
  • County: Lake
  • Taxes: $82,992.00
  • Subdivision: Mix Chase
  • MLS Number:4059822

Additional Features

  • Ceiling Height:
    • 28
  • Cooling:
    • Central Air
  • Current Use:
    • Manufacturing and Distribution Property
  • Freight Amenities:
    • Indoor Loading
    • Truck/Dock(s) Loadin
  • Location:
    • Freestanding
    • Industrial Park
  • Occupant:
    • Owner
  • Property Subtype:
    • Industrial
    • Mfg Heavy
  • Roof:
    • Flat
    • Metal
  • Type:
    • Free Standing
  • Water/Sewer:
    • Public Sewer
    • Public Water
  • Year Built Description:
    • Actual YBT
  • Basement:
    • N
    • None
  • Fence:
    • Partial
  • Parking:
    • On Site/Private
  • Parking Spaces:
    • 183
  • Fuel:
    • Gas
  • Heating:
    • FORCED AIR
    • Space Heaters
  • Showing Instructions:
    • Call Agent
    • Call Rick Osborne Jr. for all showings and tours of property.
  • Auction:
    • N
  • Financing Available:
    • Conventional
  • Homestead:
    • N
  • Legal Description:
    • T 7 L 9 A PARCEL 2
  • Limited Service:
    • N
  • Owner Pays:
    • Pays All
  • Sale Rent:
    • For Both Sale and Lease
  • Short Sale:
    • N
  • Terms:
    • Building+ Land
  • CDOM:
    • 26
  • Assessments:
    • N
  • Miscellaneous Features:
    • Fire Sprinkler Syste
    • Lunchroom
    • Meeting/Conf. Room
    • Private Restroom
    • Security Lighting
    • Security System
  • Tenant Pays:
    • Electric
    • Gas
  • Listing Type:
    • Exclusive Right
  • MLS:
    • NORMLS
  • Number of Drive In Doors:
    • 3
  • Ownership:
    • Principal/NR
  • Possession:
    • Time of Transfer
  • Tax ID:
    • 16-B-055-A-00-020-0
  • Total Acres:
    • 7.8268
Neighborhood info courtesy of Homes.com © 2019

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Heritage Realty Solutions
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8820 East Ave Mentor, OH 44060

227724315 41.685486 -81.32327 350 /listing/227724315-151165716/8820-east-ave-mentor-oh-44060 False 0 5250000.0 101 4059822 False
  • $5,250,000
  • 7.83 lot
  • Est payment $28183.14/mo