24400 Cedar RoadBeachwood, OH 44122

24400 Cedar RoadBeachwood, OH 44122

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$2,400,000 Active
Commercial - Office MLS 5182598

Listed By

Agency Name: Howard Hanna
Agency Contact: adamkaufman@howardhanna.com, 216-831-7370

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

This is an absolutely incredible opportunity to own one of the most unique and exciting properties in a Beachwood location second to none! The Hangar is an architecturally magnificent Art Deco inspired building built in 1930 and steeped in history. Sited on over 4+ acres of land, this was the original playhouse for the Dudley S. Blossom estate. Designed by renowned architect Abram Garfield(son of President James A. Garfield,) this exquisite building is currently a private tennis club. The structure features geometric forms, ornamental design, and houses an indoor pool and tennis court. There are fabulous entertainment spaces as well that are adorned with hand painted murals by June Platt. The property surrounding the building is stunning and backs onto Community Drive, a sought after residential neighborhood with beautiful homes that surround a private park. Never before available, this is a truly wonderful opportunity for someone to create a sanctuary of beauty tailored to their personal desires. This property would make an excellent private venue for events, a unique housing development, or someone can retain it as a private swim and tennis club. The building has been placed on the National Register of Historic Places and is one of the most architecturally beautiful buildings in Northeast Ohio.

24400 Cedar Road | MLS# 5182598

This commercial property located at 24400 Cedar Road, Beachwood, OH 44122 is currently listed for sale with an asking price of $2,400,000. Cedar Road is located within the Beachwood City school district. Search Beachwood real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Office
Days on Market: 7
Heating: Hot Water, Steam
Lot Size: 4.15 Acres
Taxes: $27,045 / year
Year Built: 1930

Feature Descriptions

Community Features: Pool, Tennis Court(s)
Parcel#: 741-12-001
Pool: Community
Sewer: Public Sewer
Swimming Pool: Yes
Water: Public

Local Schools

School District: Beachwood City

Demographics

Cuyahoga County Demographic Information for 24400 Cedar Road, Beachwood, OH 44122
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau