540 WATER ST

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

540 WATER ST

chardon, OH 44024
Asking Price
$5.74M
Asset Type
Retail
Class
Class B

What's Special

540 Water Street is located in the commercial corridor of Chardon, Ohio, situated along State Route 6. The surrounding neighborhood features a mix of local businesses, professional offices, and residential communities. Nearby amenities include various dining options, medical facilities, and the historic Chardon Square situated less than one mile away. The property offers direct road frontage with accessibility to major regional thoroughfares, including State Route 44 and US-322, facilitating transit to the surrounding Geauga County area. The building’s layout and high-visibility location are suited for traditional retail operations, service-oriented businesses, or boutique showrooms. Potential tenants may include neighborhood-scale retailers, specialty hardware providers, or personal service franchises seeking a established presence in a stable suburban market. Given the site's proximity to regional hubs, the property is also appropriate for professional services that benefit from a retail-style storefront and consistent daily vehicle counts.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
1.39%
DSCR
0.23
Underwater
Cash-on-Cash
-15.14%
Monthly Payment
$28,373.651
Annual Cash Flow
$-260,483.81

Location & Travel Times