MULTIFAMILY LAND WITH COMMERCIAL BUILDINGS
4170 Pearl Road
Medina, OH 44256
Highlights
- Available: 3 parcels totaling 15.88 Acres
- Parcel #1 - 13.27 AC in Medina Township - currently zoned B-1 (Business Intensive)
- Parcel #2 - 1.57 AC in Medina City - currently zoned R-3 (Single family and two family dwellings)
- Parcel #3 - 1.025 AC in Medina City - currently zoned C-3 (general commercial)
- Potential annexation, parcel split and re-zoning shown on subsequent pages
- Consists of 18,840 SF of industrial/commercial buildings: 11,640 SF of warehouse/office space and 7,200 SF of
- warehouse on the east end of the property Easement North of Five Guys and behind Verizon
- Current Combined Taxes: $22,280.49
Description
The property consists of 15.88 acres with 18,840 SF of industrial/commercial space that consists of two buildings. Building A has 11,640 SF with beautifully remodeled 4,440 (37’ x 60’) SF of offices on two floors and includes 11 private offices, most with windows, 15’ clear span ceiling clears in the shop and two large drive-in doors (12’ x 14’) and (14’ x 12’). Building B has 7,200 SF of shop space and consists of 4 (10’ x 12’) drive-in doors with no office but one restroom. Buildings could be used in many different ways within the zoning code. The property also has ingress/egress easements that allow for access from Hillview Way through the back of Verizon and through Five Guys parking lot from Pearl. The approximate vacant ±10.5 acres of land to the west would allow for both residential or commercial development but is more ideal for residential.
The property has the potential of being split and annexed into the city of Medina since the frontage to the parcel on Hillview way is in the city. These two parcels along Hillview Way are in the city of Medina with R-3 & C-3 zoning currently. The large 13.27-acre parcel is in Medina Township. The property is ideal if it were split and annexed into the city for R-3 or R-4 zoning and remaining would stay as Medina City C-3. There is potential of higher density multifamily development and commercial/industrial buildings with a yard currently.
This land is ideally located off Pearl Road behind Verizon and Five Guys in Medina, diagonal from the Dunkin Donuts on the north side. There is access off of Hillview Way with an easement and a gravel road to take you back to the two industrial buildings and acres of land ready to be developed.
