Cleveland OH Real Estate & Commercial for Sale

117 Properties Found

The median home value in Cleveland, OH is $115,000 This is lower than the county median home value of $145,900. The national median home value is $308,980. The average price of homes sold in Cleveland, OH is $115,000. Approximately 36% of Cleveland homes are owned, compared to 45% rented, while 19% are vacant. Cleveland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Cleveland real estate agent to arrange a tour today!
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$240,000

4521 Warner Road Cleveland, OH 44105

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
5036559
Type:
Mixed Use, Business Opportunities
Subdivision:
Davis & Judsons
Lot size:
0.16 Acres
Year built:
1920
Courtesy: Keller Williams Greater Metropolitan, 216-839-5500 [email protected]
View additional info

Own a piece of Cleveland when you purchase this fully renovated property! The finishes throughout are tasteful and fun at the same time. The first floor is a former bike store, currently in use as a gallery featuring the property owner's art! There are two large open rooms, a separate kitchenette, and a half bath, which is super easy to convert to a full! You can let your imagination run as you think about opening a co-work space, live-work space, retail space, etc! Upstairs, you'll find two lovely one bedroom apartments! Think AirBnB, think short term rental, think long term rental, or occupy them yourself! Full basement and parking lot included. AC on the first floor makes this mixed-use building really appealing for all!

$1,450,000

801 Literary Road Cleveland, OH 44113

Beds:
n/a
Baths:
Sq.Ft.:
3,900
Status:
NEW LISTING
MLS#:
5034263
Type:
Retail, Business Opportunities
Lot size:
0.05 Acres
Year built:
1913
Courtesy: Keller Williams Living, [email protected] 440-941-3854
View additional info

Welcome to your next investment opportunity in the heart of Cleveland's historic Tremont neighborhood! This versatile commercial property presents a unique chance to capitalize on its prime location and potential for multiple income streams. Currently configured as a single apartment and a bustling hair salon, this property offers the flexibility to be transformed into three living units, each with its own separate HVAC systems already in place. The ground floor houses the salon, equipped with six styling stations, a bathroom, and a kitchen/break area. With minimal renovation, the back of the salon could easily be converted into a standalone unit featuring a bedroom, kitchen, full bathroom, and convenient washer/dryer hookups. Ascending to the second floor, you'll find a stylishly updated apartment showcasing a modern industrial aesthetic. The spacious layout includes a stunning kitchen, inviting living room, laundry room, and two bedrooms, complemented by two bathrooms. The crowning jewel awaits on the third floor, boasting a luxurious master bedroom with an en-suite bathroom featuring heated floors. The option to enclose the soffit and establish a distinct unit on this level further enhances the property's allure and value. Enjoy the luxury of three balconies offering picturesque views of downtown Cleveland, providing the perfect backdrop for relaxation and entertainment. Six parking spaces are included, enhancing accessibility for tenants. Currently, the salon commands a rental income of $2,892, while the apartment generates $3,914, with both rents increasing by a steady 3% annually. Whether you're an investor seeking multiple revenue streams or a homeowner looking to offset mortgage costs, this property presents an exceptional opportunity to capitalize on the vibrant Tremont neighborhood's ever-growing demand for residential and commercial spaces. Don't miss out on making this your next successful venture!

$300,000

17705 Euclid Avenue Cleveland, OH 44112

Beds:
n/a
Baths:
Sq.Ft.:
4,960
Status:
NEW LISTING
MLS#:
5036422
Type:
Mixed Use, Business Opportunities
Lot size:
0.26 Acres
Year built:
1920
Courtesy: Century 21 HomeStar, [email protected] 216-235-1786
View additional info

What a gem! Take advantage of this rare opportunity. Located in the heart of Cleveland. This stunning brick building benefits from excellent visibility and accessibility. This well maintained two units offers 4-bedrooms, 3-bathroom, and 2 storefronts versatile space that features over 4900 square feet of flex space, security system, privacy fence, full basement and recent upgrades including newer roof (2019), HVAC (2023), and hardwood floors. Both units have been remodeled within the past five years Wait there's more this property includes a lot of land use currently for parking space. Easy access to main highways, 190, 1271 and closes to shopping centers. You won't be disappointed. Schedule your appointment today. Don't miss out!

$1,500,000

11609 Detroit Avenue Cleveland, OH 44102

Beds:
n/a
Baths:
Sq.Ft.:
6,610
Status:
NEW LISTING
MLS#:
5035948
Type:
Mixed Use, Business Opportunities
Subdivision:
Ohio Land & Bldg Companys Residence
Lot size:
0.12 Acres
Year built:
1916
Courtesy: eAgent Real Estate Corp., 440-391-2340 [email protected]
View additional info

The Brothers Lounge, located at 11609 Detroit Avenue inCleveland, Ohio, has been a Cleveland landmark since1959. Founded by Fred and Ed Sabath, The BrothersLounge is the oldest music club in Cleveland. It was knownfor its quality ethnic foods, and great jazz and blues music.The Brothers Lounge has seen on its stage nationalperformers such as BB King, Bonnie Raitt, Buddy Guy, andAnton Figg (drummer for Dave Letterman), to name a few.It was the place where national performers could feel athome and mix with Cleveland's "local talent."American blues legend Robert Lockwood, Jr. startedperforming regularly at The Brothers Lounge in 1977 andcontinued to do so until 1990. In 2004, the current owner,Christian Riemenschneider bought the building andcontents with the goal of resurrecting The BrothersLounge as a Cleveland landmark. Riemenschneidermasterfully renovated the space, utilizing every squareinch to its highest and best use, employing top-of-the-linematerials and unparalleled craftsmanship, and equippingit with state-of-the-art sound & security technology, allwhile meticulously preserving the club's original characterand inimitable charm.

$400,000

11609 Detroit Avenue Cleveland, OH 44102

Beds:
n/a
Baths:
Sq.Ft.:
4,800
Status:
NEW LISTING
MLS#:
5035922
Type:
Business Opportunities
Subdivision:
Ohio Land & Bldg Companys Residence
Lot size:
0.12 Acres
Year built:
1916
Courtesy: eAgent Real Estate Corp., 440-391-2340 [email protected]
View additional info

The Brothers Lounge, located at 11609 Detroit Avenue inCleveland, Ohio, has been a Cleveland landmark since1959. Founded by Fred and Ed Sabath, The BrothersLounge is the oldest music club in Cleveland. It was knownfor its quality ethnic foods, and great jazz and blues music.The Brothers Lounge has seen on its stage nationalperformers such as BB King, Bonnie Raitt, Buddy Guy, andAnton Figg (drummer for Dave Letterman), to name a few.It was the place where national performers could feel athome and mix with Cleveland's "local talent."American blues legend Robert Lockwood, Jr. startedperforming regularly at The Brothers Lounge in 1977 andcontinued to do so until 1990. In 2004, the current owner, bought the building andcontents with the goal of resurrecting The BrothersLounge as a Cleveland landmark. Ownermasterfully renovated the space, utilizing every squareinch to its highest and best use, employing top-of-the-linematerials and unparalleled craftsmanship, and equippingit with state-of-the-art sound & security technology, allwhile meticulously preserving the club's original characterand inimitable charm. 5035948 Building for sale!

$6,500,000

41015753 Ridge Road Cleveland, OH 44144

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
5035862
Type:
Apartment, Business Opportunities
Lot size:
5 Acres
Courtesy: The Holton-Wise Property Group, 216-661-6633 [email protected]
View additional info

Very rare 59 unit portfolio on Ridge Rd. All buildings are professionally managed, fully stabilized, renovated and producing cash flow. Portfolio consists of 8 total buildings. Four buildings in Cleveland, two buildings in Brooklyn & two buildings in Parma. Email Agent for video tour, drone footage, rent roll, investment analysis, building specs & much more. Professional property management available. Agent owned. Local & out of state investors welcome.

$99,900

9106 Superior Avenue Cleveland, OH 44106

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
5034941
Type:
Mixed Use, Business Opportunities
Lot size:
0.09 Acres
Year built:
1910
Courtesy: BHHS Professional Realty, [email protected] 216-276-1626
View additional info

Great opportunity for three buildings on two lots. The white building to the east is currently configured as three large apartments, and one storefront that used to be a restaurant. The basement is also huge and was at one point in time bar. The front building to the right is condemned but has a solid brick structure that with the right contractor can be restored. It also has two apartments on the second floor, but would need extensive work throughout. The rear building on the west is a brick duplex of which we have no knowledge of the condition. This whole property is a diamond in the rough with seven total apartment units and two storefronts awaiting your redevelopment skills! SHOWINGS REQUIRE ENTERING AT YOUR OWN RISK! MUST SEND THE RELEASE & WAIVER FOUND IN SUPPLEMENTS TO LISTING AGENT BEFORE SHOWING.

$334,500

1667 E 40th Street #1B-1 Cleveland, OH 44103

Beds:
n/a
Baths:
Sq.Ft.:
3,787
Status:
NEW LISTING
MLS#:
5035600
Type:
Business Opportunities
Subdivision:
Loftworks Condo Ph 1
Lot size:
0.09 Acres
Year built:
1908
Courtesy: VSD Realty, LLC., 216-406-1772 [email protected]
View additional info

Waiting to Find the PERFECT Downtown LOFT Unit with Gorgeous Views of the Cleveland Sky Line From the Roof Top Deck and LOADS of Space?? LOOK NO FURTHER! Featuring a generous 3,787 Square Feet in a Modern Urban Setting with Potential to have a SHOWCASE Loft Work Space in "Loftworks", one of Downtown Cleveland's Most Desirable Live/Work Desinations! Loftworks Caters to a Unique Clientele Consisting of Artists, Law Offices, Small Businesses and Elegant Loft Homes...Featuring Condo Units that are Approved for both Full Time Residential Living, Living in Part/Working in Part of the Unit, & can even be Operated as a Fully Commercial Space. Fancy a Convenient Work-From-Home Situation...You Absolutely Will Not Find a Better Fit! Run An Accounting Firm/Law Office/Art Gallery? No Problem! Existing Layout was Setup as a Tutoring School with Various Individual Work Rooms and a Couple Large Open Spaces for Classes/Conferences. *New Bathroom Added 2024* There is a Basic Office Kitchen & Several Drain Stacks & Ready Access to Water Supply Lines w/ Will Allow For Multiple Bathrooms to be Built In if Needed! Currently there are Bathrooms Accessible Just Outside the Unit in the Common Area Available All Hours of the Day. Loftworks Offers Gated Off-Street Parking with One Dedicated Parking Spot for this Unit and Plenty of Additional Off-Street Visitor/Guest Spots! Building is Secured with Automatic Magnetic Locks that Require Either a Key Fob or Entry Code to Enter, so Security is the Priority! Association Takes Care of Water/Sewer Bills, All Exterior & Common Area Maintenance...so Headaches are Minimized! This is a Vibrant Building with a Caring and Dedicated Association that Takes Meticulous Care of the Property! Make This Your DREAM Home OR Create the Perfect Work Space to Inspire the Next Chapter of Your Success! Don't Miss Your Chance...Opportunity Rarely Knocks Twice! Owner Financing Available for Well Qualified Borrowers.

$1,400,000

4812 Lee Road Cleveland, OH 44128

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5034936
Type:
Apartment, Business Opportunities
Subdivision:
Lee Road
Lot size:
0.89 Acres
Year built:
1939
Courtesy: RE/MAX Haven Realty, [email protected] 216-232-2187
View additional info

This 16-unit townhome apartment building offers an incredible investment opportunity! There are some big ticketupdates, including 14 fully renovated units! All units have 2 bedrooms, 1 full bathroom, ensuite washer and dryer hookupsand a private parking space. Renovated units feature new flooring, new kitchens, new switches/outlets, new fixtures anda fully painted interior. Additional updates included new signage, new plumbing, new hot water tanks as needed, newwindows as needed, 3 roofs have been repaired or replaced, new commercial grade gutters and downspouts installed,extensive landscaping and extensive storm sewer work. Plus brand new appliances! Professional, full-service propertymanagement is already in place and willing to stay on! Property is in a great location, across the street from a park andhas easy highway access, is near food, shopping and public transit. An incredible chance to build your portfolio! Reach outtoday to learn more!

$241,000

2311 E 55th Street NW Cleveland, OH 44104

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5033757
Type:
Mixed Use, Business Opportunities
Subdivision:
W S Chamberlains
Lot size:
0.18 Acres
Year built:
1987
Courtesy: Keller Williams Greater Metropolitan, 216-839-5500 [email protected]
View additional info

This "Historical Landmark" housed one of its notable inventor and his family that dates back to the 1800 hundreds in the Cleveland area. Conveniently located near hospitals, shopping, transportation and entertainment, which includes but not limited to Museums, Colleges and Universities. This commercial property is designed for mixed use with retail space, apartments and a warehouse in the back. The building has a total of 12,000 square feet of space, with two store fronts measuring 1,500 square feet, 6,000 square feet of living space that has six apartments with an attic that has an emergency escape route, and a warehouse at the back of the building measuring 3,800 square feet. Updates include a newer water meter and line, newer roof and chimneys that were tuck pointed. While the building does need additional work, but it offers tremendous potential for the right investor that has a vision. Imagine this historical building as a part of your portfolio with some additional upgrades and renovations in an up and coming area of Cleveland.Information is believe to be accurate but not guaranteed. Submit all offers to agent via DotLoop, no verbal offers accepted. All offers are subject to third party approval.

$385,000

3519 Cesko Avenue Cleveland, OH 44109

Beds:
n/a
Baths:
Sq.Ft.:
10,000
Status:
Active
MLS#:
5033551
Type:
Industrial, Business Opportunities
Subdivision:
Rhodes Hartnell Barber & Selde
Lot size:
0.47 Acres
Year built:
1930
Courtesy: RE/MAX Real Estate Group, [email protected] 216-952-3975
View additional info

Discover an exceptional commercial real estate opportunity nestled in the vibrant heart of Cleveland. This expansive property boasts a half-acre fenced yard, spanning over 10,000 square feet across two distinct buildings. The first, a historic gem constructed in 1930, brick and steel beem construction, open space no columns (60'x90') , while the second, a modern steel exterior/ashphalt roof, built in 2021 (40'x60'), offers contemporary sophistication. With generous 14-16 foot ceilings and five 12-foot garage doors, the space is versatile and accommodating to various business needs. Reception area, meeting room and offices in front totaling 1500 square feet, a convenient break room/kitchen leads into the shop/garage area (s). Efficient RAVAC radient heat runs along the ceiling of the shop and upgraded three phase electrical service. Parking is abundant, with space for at least 20 cars, ensuring accessibility for employees and visitors. Adjacent to the property lies an enticing opportunity"the option to acquire an additional lot from the land bank, expanding possibilities for future development or expansion. Conveniently located near major highways, this prime location offers easy access to downtown Cleveland and is just a short 15-minute drive to the airport, facilitating seamless business operations and client interactions. Don't miss your chance to secure a prominent presence in this thriving urban landscape, where the potential for growth and success knows no bounds. Immediate occupancy and Owner financing is available.

$289,000

4050 E 116th Street Cleveland, OH 44105

Beds:
n/a
Baths:
Sq.Ft.:
9,424
Status:
Active
MLS#:
5033277
Type:
Industrial, Business Opportunities
Lot size:
0.58 Acres
Year built:
1945
Courtesy: Team Results Realty, 614-382-2124 [email protected]
View additional info

This property can also be leased at $1,500 per month. Prime location for Auto Repair, Storage or Retail. Light causes cars to stop & stare at building. Renovated in 2023. 20 parking spaces, 3 Hose bibs, 2 Floor drains. Unit A: 2900 SF Shop + 860 SF Office, Kitchen, and bath. Two 10x12 Roll-ups in 2 large shops. Offices with storeroom, HVAC and insulated. Unit B: 3540 SF Shop + 940 SF Office, Kitchen, and bath. 40' x 30' shop with Roll-up, 30' x 90' shop with Roll-up, 2 offices, lobby, kitchen and bathroom, Unit C - 350 SF Office with own door

$62,000

4166 E 71st Street Cleveland, OH 44105

Beds:
n/a
Baths:
Sq.Ft.:
3,286
Status:
Active
MLS#:
5033050
Type:
Mixed Use, Business Opportunities
Subdivision:
John Brooks Sub
Lot size:
0.11 Acres
Year built:
1910
Courtesy: Plum Tree Realty, LLC., 330-926-7922 [email protected]
View additional info

Blank canvas awaiting your business! Two store fronts and a Rear 2 bed apartment. Handicap ramp on rear entry leading to apartment space. 2 car garage and additional parking spaces in back. Would make for a great live in business space, Smoke Shop, Barbershop, Corner Store, Salon... so many possibilities! Fresh Open Space to bring your vision to life.

$779,800

22660 Lorain Road Cleveland, OH 44126

Beds:
n/a
Baths:
Sq.Ft.:
3,700
Status:
Active
MLS#:
5032378
Type:
Mixed Use, Business Opportunities
Subdivision:
Janmar
Lot size:
0.13 Acres
Year built:
1955
Courtesy: eAgent Real Estate Corp., 440-391-2340 [email protected]
View additional info

Tremendous opportunity for entrepreneurial types with a building and business asset package in Fairview Park. The building, meticulously crafted with no expense spared, comprises four units: two 2-bedroom apartments on the second floor totaling 1,850 square feet one leased at $1000(BELOW MARKET), the second used as furnished air bnb, and two retail units on the first floor, currently combined to also total 1,850 square feet. The business, known as Cafe Besa, serves beer, wine, and liquor with D1, D2, and D3 permits, and offers the smoothest espresso I would put up against anyone. Besa Bakery & Market provides the finest baked goods(Pics Included). The owner was using convection ovens w/out a hood and is now in the process of installing an 8-foot hood & awaiting approval. The owner is willing to assist the buyer in customizing the cooking equipment to fit their needs based on the intended use of the premises. Parking is available on the street with informal agreements with neighboring businesses for the use of their parking lots. Business & Assets available separate $179,900 @ 1850sft $3000 rent mo.

$465,000

8201 Madison Avenue Cleveland, OH 44102

Beds:
n/a
Baths:
Sq.Ft.:
8,160
Status:
Active
MLS#:
5031904
Type:
Apartment, Business Opportunities
Subdivision:
Taylor
Lot size:
0.16 Acres
Year built:
1918
Courtesy: Russell Real Estate Services, [email protected] 216-870-8687
View additional info

Introducing a promising investment opportunity in the up-and-coming "West 80's" neighborhood, adjacent to Edgewater in Detroit Shoreway on Cleveland's west side! This all-brick 6-unit property offers individual furnaces and hot water tanks, along with updated electrical panels for added convenience and efficiency. Currently, two units await light turns to make them rent-ready, mainly requiring flooring and minor touch-ups. With four units already occupied, the property collects a total gross monthly rent of $3,190. However, upon full occupancy at market rents, the potential monthly income could soar to $6,000. Each unit features a comfortable 2-bed/1-bath layout, ensuring broad appeal to prospective tenants. Notable updates include the replacement of all six water tanks within the last five years and the recent replacement of two furnaces, with the remaining four furnaces in satisfactory working condition. Don't miss the chance to capitalize on this opportunity in a neighborhood on the rise, offering both immediate returns and long-term potential for growth!

$99,000

2623 Woodhill Road Cleveland, OH 44104

Beds:
n/a
Baths:
Sq.Ft.:
7,024
Status:
Active
MLS#:
5031094
Type:
Industrial, Business Opportunities
Lot size:
0.1 Acres
Year built:
1911
Courtesy: BHHS Professional Realty, [email protected] 216-276-1626
View additional info

Enter at your own risk! This brick structure with a second floor needs extensive repairs. Roof is collapsing in several areas. Adjacent lot is included in the sale. Desirable location close to Opportunity Corridor, Buckeye, Shaker Square, E. 55th Corridor.

$1,200,000

3214 Prospect Avenue E Cleveland, OH 44115

Beds:
n/a
Baths:
Sq.Ft.:
6,627
Status:
Active
MLS#:
5033605
Type:
Office, Business Opportunities
Subdivision:
Cleveland
Lot size:
0.16 Acres
Year built:
1875
Courtesy: Keller Williams Citywide, [email protected] 216-219-8339
View additional info

Welcome to one of downtown Cleveland's original mansions. Located right down the street from Cleveland State and downtown, this building is on the list of National Historic places as the Jeremiah Ensworth House. Built as a private mansion in 1875, this 6,600 sq foot building still boasts the 6 original marble fireplaces and all the original giant floor to ceiling window wells bringing in tons of natural light! The home was built in the Queen Anne style that was popular in the late 1800s. This entire building has been renovated from top to bottom with exquisite finishes. Plenty of offices, board rooms, 2 full kitchens and 3 bathrooms grace this building. Even the 3rd floor has been renovated with a beautiful sky light and open concept, equipped with a sound proof media room that could be used for podcasts. All new flooring has been installed throughout the building and kitchens and baths have all been renovated. Don't miss out on the chance to make this character filled treasure your own headquarters for your business as it wont last long!! And checkout the virtual tour video located right below the pics.

$2,650,000

475 E 185th Street Cleveland, OH 44119

Beds:
n/a
Baths:
Sq.Ft.:
14,826
Status:
Active
MLS#:
5030335
Type:
Retail, Business Opportunities
Subdivision:
Mix & Hossacks North Nottingh
Lot size:
1.77 Acres
Year built:
2007
Courtesy: Keller Williams Chervenic Rlty, [email protected] 216-287-6357
View additional info

Retail! Excellent frontage! High traffic corner, main street across from hospital. Delivery door, multiple drive thru lanes. Plenty of compliant lanes. Ingress/Egress from two main Roads. Rear mezzanine level with elevator for additional storage. Womens and Men's restrooms. Freezers and cold storage stay. Security system and security doors.

$599,900

1340 W 65th Street Cleveland, OH 44102

Beds:
n/a
Baths:
Sq.Ft.:
5,550
Status:
Active
MLS#:
5030120
Type:
Mixed Use, Business Opportunities
Subdivision:
J Morrisons Allotment
Lot size:
0.1 Acres
Year built:
1920
Courtesy: Russell Real Estate Services, [email protected] 440-539-1766
View additional info

Welcome to 1340 West 65th, a meticulously maintained mixed-use commercial property offering an exceptional blend of residential and retail convenience. In the heart of Gordon Square, this property presents an enticing prospect for investors seeking both steady rental income and long-term appreciation. Great potential for value add. Rents are underneath market and a few units are due for cosmetic upgrade. See virtual walkthrough. Newer rubber roof (2020). Newer boilers (2017-2019). Newer minisplits in retail space. Seller also owns blue building next door located at 1344 West 65th. Seller would potentially sell both as a package deal. View the virtual tour to see all the units. Property being sold as is.

$350,000

10210 Woodland Avenue Cleveland, OH 44104

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5029138
Type:
Business Opportunities
Lot size:
0.34 Acres
Year built:
1960
Courtesy: Century 21 HomeStar, [email protected] 216-373-7727
View additional info

Welcome to the limitless potential of this commercial flex space property! Located by Opportunity Corridor and a mere 15-minute commute from downtown Cleveland, this property offers a wealth of opportunities for the savvy business owner. The electrical, plumbing and roof were just updated in 2023! With a generous 8600 square feet of adaptable space spread across two expansive stories, it's equipped with two convenient bathrooms and handicap accessibility, the possibilities for this space truly are endless. Whether you envision it as a dynamic office space, a versatile hall rental venue, a convenient warehouse, or a functional loading dock facility, this property can effortlessly accommodate your vision.

$39,900

923 E 72nd Street Cleveland, OH 44103

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5029509
Type:
Apartment, Business Opportunities
Subdivision:
W J Gordon Estate
Lot size:
0.12 Acres
Year built:
1910
Courtesy: Century 21 Premiere Properties, Inc., 216-455-7677 [email protected]
View additional info

6 unit apartment building that needs total rehab*endless cash flow possibilities with amazing properties close to downtown cleveland and i90*

$600,000

Miles Avenue Cleveland, OH 44128

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5029483
Type:
Business Opportunities
Lot size:
0.74 Acres
Courtesy: Realty Express, 216-210-5091 [email protected]
View additional info

Prime opportunity awaits at this bustling intersection! An empty commercial lot, ripe for development, beckons savvy investors. With its unbeatable location and boundless potential, seize this chance to make your mark in a thriving community. Don't miss out on this exceptional investment opportunity

$159,900

5243 Broadway Avenue Cleveland, OH 44127

Beds:
n/a
Baths:
Sq.Ft.:
7,230
Status:
Active
MLS#:
5027645
Type:
Mixed Use, Business Opportunities
Lot size:
0.13 Acres
Year built:
1910
Courtesy: Russell Real Estate Services, [email protected] 216-870-8687
View additional info

Nestled next to the vibrant new "5115 The Rising" development by the NRP Group, this mixed-use gem boasts two spacious commercial storefronts paired with two apartments above, each spanning around 1200 sq feet, with 2-bedrooms and 1-bath each. Positioned in direct proximity to the Opportunity Corridor, the North Broadway location is PRIMED for future development. The entire building is currently vacant but is in good shape, with numerous updates completed, making it easy for a new owner to come in, finish and occupy the property. An additional bonus is that the property recently earned a lead certification from the City of Cleveland - one less thing to think about! The property presents an enticing investment opportunity, projecting a proforma rent potential of $2700/month. Don't miss your chance to step into this prime piece of real estate ready to seize current and future opportunities!

$99,900

5362 Broadway Avenue Cleveland, OH 44127

Beds:
n/a
Baths:
Sq.Ft.:
23,784
Status:
Active
MLS#:
5027704
Type:
Mixed Use, Business Opportunities
Subdivision:
Cleveland
Lot size:
0.14 Acres
Year built:
1885
Courtesy: Russell Real Estate Services, [email protected] 216-870-8687
View additional info

Welcome to a piece of Cleveland's rich history! Nestled in the heart of the North Broadway region, this historical gem - compromised of nearly 18,000 sq ft - offers a unique opportunity for visionary redevelopment. Situated just steps away from the newly developed "5115 The Rising" complex, this location is poised for further growth and development, thanks to its direct access to the Opportunity Corridor. Whether you're an investor seeking prime real estate or a developer with a flair for revitalization, this property presents a rare and unique canvas for your vision. Originally registered as a hub for commerce/trade for both business and financial institutions, this sprawling property was most recently used for retail on the first floor, apartments on the second floor and a church located on the third. As you step inside, you'll be greeted by the echoes of a bygone era, with original woodwork, lofty ceilings, and other charming details that harken back to its illustrious past. Though currently vacant, this building brims with potential, awaiting a comprehensive redevelopment and renovation to reclaim its former glory. Listed on the National Register of Historic Places since 1988 as part of "The Broadway Avenue Historic District," this building stands as a testament to Cleveland's enduring heritage. Don't miss your chance to be a part of its next chapter - seize the opportunity to restore this architectural treasure and breathe new life into its historic halls.

$219,900

5311 Magnet Avenue Cleveland, OH 44127

Beds:
n/a
Baths:
Sq.Ft.:
7,416
Status:
Active
MLS#:
5027595
Type:
Business Opportunities
Subdivision:
Caleb & Mary D Morgans Sub
Lot size:
0.17 Acres
Year built:
1959
Courtesy: Russell Real Estate Services, [email protected] 216-870-8687
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Discover a unique investment opportunity with this cash-flowing all-brick, four-unit apartment building alongside a profitable carwash business. Currently generating $3,050/month in total income, it has a proforma projection of nearly $4,000/month. It was also just recently awarded a Lead Safe Certification by the city of Cleveland - one less thing for an investor to think about! The units boast original hardwood floors and will need some additional cosmetic updating to achieve projected rents. Seize this unique opportunity to purchase a business AND small multifamily all in one transaction and continue diversifying and growing your Cleveland portfolio!

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