3926 & 3950 Pearl Road, Medina, OH 44256

Lease Terms:

Building B can be leased in 3 different combinations. The North building front can be leased for $4,680/MO and the rear of the building can be leased for $2,976/MO. The entire building can be leased for $7,656/MO

Description

3926 - 3950 Pearl Road in Medina is located on 5.81 acres with 353.48’ of frontage on Pearl Road (RT-42) in Medina Township. The property has a depth of 709.50’. The property consists of 2 freestanding buildings with a total of 22,542 SF of retail space and over 3 acres of paved parking lot. 
Building A is 13,398 SF with 4 drive in doors (12'X12', 12'X10', 10'X10' & 8'X9'), clear span, floor drains in warehouse, 3600 SF office, 9,798 SF warehouse/storage, 7 lifts and 2 bays. 
Building B is 9,144 SF with 2 drive in doors (8'X9 & 12'X12'), clear span, floor drains in warehouse, 4,680 SF office and 4,464 SF of warehouse. There is a reception area, kitchenette, 2 private offices, bullpen and showroom.

Building A and B can be purchased separately. Building A is $937,860 and Building B is $987,552. The entire property can be purchased for $1,895,000. There is also lease options available for building B. Call agent for details.

Property taxes (2015) were $27,461. The property can be split; possible retail site or redevelopment opportunity. High daily traffic counts of 10,130. 

Utility Summary:
Building A - has 3 phase, 400amp, 12203 volt but does have an outdated panel. 
Building B has 3 phase, 400amp, 240 volt' Building A has central air in the office/showroom area and 6 reznor heaters and an air  handler in the warehouse.  Building B has central air in office/showroom and radiant tube heating the in warehouse.

Property Location
3926-3950 Pearl Road (RT 42) is located in Medina Township in Medina County. The property is on the west side of Pearl Rd. near the Fenn Rd. intersection. It is 4.7 miles from Route 3 & I-71.

 

Additional Info

Within City Limits:
No
Ceiling Clear:
Construction Type:
Distance from Nearest Interstate:
4.7 miles from Route 3 & I-71
Former Use:
Auto Dealership
Primary Building Type:
Zoning:
I-B Intensive Business

Property Location

Specifications

Status:
For Lease, For Sale
Sale Price:
$ 1,895,000
Lease Rate:
$2,976/mo
Lease Max:
$7,656/mo
Property Type:
Retail, Special Purpose
Locality:
Medina Township
Sq. Feet:
22,542
Acreage:
5.81
City:
Medina Township
Corner Property:
No
  • Michelle Masica

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

    View Michelle's Properties

    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
  • Steve Masica, CCIM

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

    View Steve's Properties

    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
  • Sarah Combs

    Real Estate Agent & Consultant
    Sarah@GerspacherGroup.com
    Office: 
    330.722.5002
    Mobile: 
    330.612.6416
    Fax: 
    330.723.6330

          View Sarah's Properties 

    Sarah (Masica) Combs grew up in the Medina area and attended Archbishop Hoban High School in Akron. She obtained a degree in Business Administration and Marketing from the Boler School of Business at John Carroll University. After graduation, Sarah pursued a management trainee program and held a position in outside sales in the Cleveland market, working with local and national business of all sizes. After the extended training in sales and management, she returned to the world of real estate in which she grew up and joined “The Masica’s” team as a licensed agent to better serve new and current commercial real estate clients. She is specifically focused on growing the Lorain and Cuyahoga markets for Gerspacher Real Estate Group, where she resides with her husband. Sarah is passionate about client relations and her ability to support the experienced team with new ideas and exceptional customer service.

    Education

    • Bachelor of Science in Business Administration & Marketing, John Carroll University, University Heights, Ohio
    • Ohio Real Estate License, Hondros College, Avon, Ohio

    Affiliations

    • Archbishop Hoban Alumni
    • Gamma Phi Beta, Zeta Omicron Chapter Alumni