Cleveland OH Real Estate & Commercial for Sale

Welcome to this charming rehab opportunity in a prime location! This brick 2-story building offers 3,651 square feet of potential on a .031-acre lot with a basement.The building features a versatile layout, perfect for a variety of potential uses. With its solid construction and classic brick exterior, this property is an ideal canvas for your vision.Upstairs, you'll find a spacious apartment, offering comfortable living quarters or potential rental income.With some TLC, this property has the potential to become a fantastic investment opportunity or your dream project.Don't miss out on the chance to make this property your own! Schedule a showing today.

ABSOLUTELY GORGEOUS!! The perfect addition for any real estate portfolio. Completely renovated top to bottom - Newer: plumbing, electric, HVAC, roof, gutters and vinyl windows (120 of them!!). 19 unit apartment building (6 - studio, 8 - 1 Bed, 5 - 2 bed units) with 3 retail storefronts and an office space. Incredible occupancy rate - apartments will be 100% occupied by the end of the month. Adjacent parcel also included providing 13 - 16 parking spaces. Literally, every unit was gutted and remodeled. Each unit boasts refinished hardwood floors, 8 ft ceilings, updated kitchens (include: refrigerator, stove and microwave), updated bathrooms, in unit tank-less water heaters, furnaces and electric panels. Retail storefronts have also been completely renovated. Current gross rent w/ laundry is $190,992 - this does not include the office space (owner occupies) or the "rent ready" 2850 Sqft vacant retail storefront. ENORMOUS POTENTIAL for INCREASED INCOME: (1) Current rents are well below CMHA rental benchmarks (2) 5000 Sqft basement could be converted to add 4 additional 2 bedroom units and a 1 bedroom unit (3) Charging for parking spaces - $50 per month. Current cap rate 7.85 - could be considerably higher. Located in a high traffic and high rental demand area. Close to highway access, minutes from downtown Cleveland, close to Cleveland Clinic, University Hospital, Euclid Hospital, Lake Erie parks and beaches, restaurants, shopping and public transit. This is an exceptional property, location and opportunity!!!

Many possibilities for this 3600 sq ft building. formally a restaurant lounge. new roof

Super solid brick building, many updates, newer roof open floor plan good for your design and business ideas. This building have so many versatilities ,daycare, Resturant convenient store, cell phone store and many more options.This property have over 9000 sft of usable space 4500 sft on first level and the same for full clean basement.This property clean and open to start any type of business. Property is vacant and ready to transfer.Price is negotiable .

Don't miss out on this property that is prime for multiple sources of income! It offers an excellent location to start or expand your daycare business. The owner has designed a comprehensive layout, updated the mechanicals and all that is needed is your final touches. This center offers 5 classrooms and 3 bathrooms which can accommodate up to 70 children; an outdoor play area and a neighborhood that offers a strong sense of community completes this property. In addition, this property offers 2 spacious apartments upstairs, ready for the right owner to get them market ready. Do not miss out on this prime commercial property that is SURE to bring streams of income and endless growth opportunity. Schedule your appointment today!

This property is located in Cleveland and is now on the market. The property features over 37,000 square feet and has office space along with the factory space. Seller states the property has a permit for waste material and this permit will transfer to the new owner of the property as well. This listing is for the Real Estate. Schedule an appointment to view this property and to invest in a property located in the heart of Cleveland, Ohio!