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Willowick, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Willowick, Ohio Market population: 14K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Willowick OH Properties: 4.1500%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Willowick OH

Common questions from investors exploring commercial real estate in Willowick OH.

What's the overall investment potential of Willowick, OH? +
With a median household income of $47,071, a relatively low poverty rate of 6.9%, and a high health insurance coverage rate of 94.5%, Willowick presents a stable investment market, especially considering its diverse top industries, including Construction, Public Administration, and Manufacturing, which can drive demand for housing.
How does the local economy impact rental yields? +
The employed population of 6,981 and top industries like Construction, Public Administration, and Manufacturing suggest a strong job market, which, combined with the average commute time of 20.1 minutes and high health insurance coverage, indicates a reliable tenant base with stable employment, potentially leading to consistent rental yields.
What role does ethnic diversity play in the local real estate market? +
The top ethnicities, including White, White Non-Hispanic, and Black, contribute to a diverse community, which can attract a wide range of residents and potentially boost demand for housing, especially when considering the foreign-born rate of 3.4% and its implications for cultural and economic growth.
How do quality of life metrics influence market stability? +
The average commute time of 20.1 minutes, top commute methods including driving alone and working from home, and a high health insurance coverage rate of 94.5% all point to a high quality of life, which can enhance market stability by attracting and retaining residents, thereby supporting the local real estate market.
What are the implications of the homeownership rate and property values for investors? +
With a homeownership rate of 77.4% and a median property value of $121,000, Willowick's housing market appears stable, suggesting that investors could benefit from a balance between rental opportunities and potential for property appreciation, especially considering the median property taxes of $4,986 and the overall economic indicators like the GINI coefficient of 0.433.

Willowick OH Real Estate & City Facts

Key facts and real estate information about Willowick OH.

What are some of the best neighborhoods to live in Willowick? +
Some of the best neighborhoods to live in Willowick include Oakdale, which is a peaceful and well-maintained neighborhood with beautiful surroundings and easy freeway access. Other desired areas tend to be in the north parts of the city, while more affordable homes are in the southeast regions.
What are some fun things to do in Willowick? +
There are several fun things to do in Willowick, including visiting Dudley Park, Lakefront Lodge, and War Paint Studios. You can also check out the Great Lakes Science Center, Museum of Illusions, and catch a Cleveland Cavaliers game at Rocket Mortgage FieldHouse. For events, you can look up the Events and Things to do in Willowick, OH this week on Eventbrite.
What is the food scene like in Willowick? +
The food scene in Willowick is diverse, with several restaurants to choose from, such as Chopsticks Cuisine, Oliva, Bar Fuoco, Safar, Kava & Dough, and Timber Kitchen and Social. There are also plenty of great food trucks and Jamaican food options in the area. Additionally, you can check out the Willowick Restaurant & Lounge for a charming blend of homestyle cooking and a vibrant social scene.
What are the pros and cons of living in Willowick? +
The pros of living in Willowick include its peaceful and well-maintained neighborhoods, easy freeway access, and a diverse food scene. However, some cons include the potential for food inspection violations in some restaurants and the need to research and find the best neighborhoods and restaurants. Overall, Willowick seems to be a charming city with a lot to offer, but it's essential to weigh the pros and cons before making a decision.
Is Willowick a good place to live? +
Willowick appears to be a good place to live, with its peaceful neighborhoods, easy freeway access, and a diverse food scene. While there may be some drawbacks, such as the potential for food inspection violations, the city seems to have a lot to offer. Ultimately, whether or not Willowick is a good place to live depends on your individual preferences and priorities. It's essential to research and visit the area before making a decision.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Willowick OH Commercial Property: $47,071

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⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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