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This three unit apartment building with ground level retail can generate $5,940 in monthly rent with no additional investment. This includes $500 per month for renting the 10 parking spaced behind the building. The development opportunity can more than double the rental income by building a two, three or four unit structure on the back portion of the .224 acre lot.Located in the heart of Little Italy, this property has been family-owned since 1975 and meticulously maintained. Each existing apartment unit has been updated and has two bedrooms and a full bathroom. The ground level updated retail space with 1/2 bath has been a successful beauty salon for many years.Key upgrades include: first floor back unit renovated in 2022; Deck added off upstairs back unit in 2022; New Furnace in upstairs front unit in 2022; Deck off first floor back unit in 2015; New roof in 2014; Driveway and waterproofing in 2014; Replacement windows in 2013; Hot water tanks for all three units in 2016.
Opportunity knocks with this 4,000 sqft masonry warehouse just outside of downtown Cleveland. Currently divided with 1,200 sqft of heated office space with a full bath in front and a 2,400 sqft of warehouse space in rear. The building has two overhead doors leading to the warehouse one 10' in height and the other 7'. Ceilings are generally 11' clear with occasional poles supporting the flat roof which has a slight pitch to a rear gutter. Shelving in the warehouse can stay along with the radiant heaters that are not currently installed. Very convenient location just off the I-90 Superior exit and just blocks from downtown and University Circle to the east. Many restaurants and services in the area.
TURNKEY APARTMENT BUILDING! If you are looking cash producing apartment complex that is over 50% occupied, then look no further! Producing over $3,800 in rent a month right now, at max rental occupancy, you will be looking at over $7,000 a month for a total of over $94,044 GCI at a 12.5% cap rate before expenses! This property features 10 one bed one bath units! Each unit features beautiful new floors, tons of natural lighting and spacious bedrooms! Property management is estimating to have all units tenanted by the end of April. Mechanics are also new including the hot water tanks, boiler system and updated electric throughout the entire complex! All it is missing is its new owner! POS to be ordered upon executed contract and buyer to assume POS violations. Mix and match! This property can be purchased individually wiith 684-03-006, 684-03-033 or all 3 for $2,000,000.Hurry! This property won't last long!
INVESTOR SPECIAL! TURNKEY 3 property package for a total of 27 units! There are 10 two bed 1 bath units, 17 one bed one bath units split between the two apartment buildings and a triplex. All units have undergone recent renovations including new flooring, paint, mechanics and is a cash flowing machine! Currently at 66% occupancy, property management is working on having all units tenanted in the next few weeks for 100% occupancy. Property management would be able to transfer over to the new owner. At 100% occupancy, this package would be bringing in a gross income of over $300,000 for a 15% cap rate before expenses! These properties do have the ability to be sold individually.You do not want to miss this opportunity! POS to be ordered upon executed contract and buyer to assume POS violations.
TURNKEY APARTMENT BUILDING! If you are looking cash producing apartment complex that is almost at 100% occupancy, then look no further! Producing over $7,500 in rent a month right now, at max rental occupancy, you will be looking at over $11,000 a month for a total of over $135,000 GCI at a 13.5% cap rate before expenses! This property features 14 units, 7 one bed one bath units and 7 two bed one bath units. Each unit features beautiful hardwood floors, tons of natural lighting and spacious bedrooms! Property management is estimating to have all units tenanted by the end of April. Mechanics are also new including the hot water tanks, a brand new $40,000 boiler system and updated electric throughout the entire complex! All it is missing is its new owner! There is one extra unit that needs a complete remodel and could create additional income for the property. Mix and match! This property can be purchased individually, with 684-03-006, 684-03-033 or all 3 for $2,000,000. POS to be ordered upon executed contract and buyer to assume POS violations. Hurry! This property won't last long!
Fantastic business opportunity available in Cleveland. High visibility turnkey restaurant located in a retail center with high traffic count situated in the Shops at Church Square minutes from Cleveland Clinic Main Campus. All FF&E Included: No need to start from scratch! This opportunity comes with all furniture, fixtures, and equipment you require to hit the ground running. From kitchen appliances to dining area furnishings, everything is in place for you to serve up from day one. Great vibe and atmosphere. Business includes D6 liquor license. Don't miss out"seize this ready-to-go business in an unbeatable location today!
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!
Exciting investment opportunity at the Opportunity Corridor & University Circle areas, neighboring Cleveland Clinic's vacant lot (to north), City Land bank's vacant lot (to west) and old ATT building (to East). It used to have have a 3 family residential structure that was demolished by owner about 12 yrs ago. If you have any interest, please drive by and call with any questions. Please also note the maps, images in the photo sections to make sure you understand the borders of this land.
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.
Calling all Franchisee's, Franchisor's, Proprietors, and Investors! This is a fabulous opportunity to build your dream business. Take advantage of this undisturbed, untouched natural land boasting 1.09 acres already zoned commercial. Great location on a busy, main road. Call to schedule your showing today because this hidden gem won't last long.
Many possibilities for this 3600 sq ft building. formally a restaurant lounge. new roof
Beautiful light filled storefront with a great mix of retail, office and warehouse space that would satisfy a wide range of small businesses. Currently used by a plumbing contractor the storefront acts as a customer greeting area and showroom. On one side there are offices, lunchroom and bathroom. Behind the offices there is a large L shaped storage area that wraps around with an entry to the showroom area, a door to the back parking area along with stairs to the basement that has ample room for more storage. The very back room is an attached garage area with a large overhead door to the back parking area perfect for deliveries. The location is a very nice shopping district just north of Monticello. Easy accessibility to I -90 to the north, Severance Town Center, University Circle and all of Heights communities.
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.
Cleveland Heights building for sale. 2nd floor has 10 offices. First floor has 2 rental salons and a car repair/body shop. Owner selling "as-is". Call for details of current leases.
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.
This 8 unit apartment building consists of 6 two bedroom units, 1 one bedroom unit and 1 studio. All were remodeled in 2021 with updated kitchens, baths, floors and granite. Rentals gross aprox $8,000 a month and are below area rental market rate for the area. This Cleveland Heights property has access to shopping and all the area has to offer. Property is 100% occupied.
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.
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.
Location, Location, Location!! Proposed mixed-use development opportunity in the Buckeye-Shaker Neighborhood, along Opportunity Corridor in Cleveland, Ohio at the intersection of Buckeye Road and Opportunity Corridor. This location provides easy access to downtown and the east and west sides of Cleveland. Multi-family development and many more unique commercial opportunities. Don't miss out on a great chance to bring your ideas to life
Incredible 30 unit package deal! This listing is for 3 apartment buildings, 2 are 12-units and 1 6-unit. They are an excellent addition to your rental portfolio! 17802 Lake Shore Blvd. has 6 units, 17808 Lake Shore Blvd totals 12 units and 17740 Lake Shore Blvd has 12 units. All 3 buildings are brick exterior, recently repaired roofs (2022). Building 17808 has a newly repaired driveway. Buildings 17808 and 17802 have newer furnaces in vacant units. Updated rent ready units in building 17808 (Units 104,105 & 205). All buildings have trash bins and coin operated laundry. There is covered parking for buildings 17808 & 17802. Located in area with high rental demand, the properties are close to highway access, minutes from downtown Cleveland, close to Cleveland Clinic Euclid Hospital and Lake Erie parks and beaches, food, public transit and more! Don't wait on this great opportunity! Reach out to learn more!
Ideal location! just off I 90. Currently being used for law offices. The building has a full kitchen and bath, plenty of storage. Main floor has 3 rooms/offices and a full kitchen. Second floor has 4 rooms and a full bath, plus finished attic for additional office space or storage. Newer windows throughout, roof 10yrs old, new concrete pad at rear of building poured 2023, New AC 2023. The building is in great shape just needs some aesthetic attention. X-LARGE FENCED IN REAR PARKNG LOT AND PAVED DRIVEWAY. High density traffic area - perfect for salon, restaurant, drive thru, office and retail. Property is part of the City of Cleveland Street Beautification Project (new sidewalks, curbs and paved street completed 11/23). Minutes to highways, Lake Erie Metropark's, University Circle and downtown.
Class C Commercial Bldg(s) -3 Buildings on the same parcel. Updates in progress on several units... 6 are currently occupied, 8 are ready to rent. Total of 39 units in various stages of improvement. Roof recently replaced. Located in the Shaker Blvd / Buckeye triangle with easy access to shopping restaurants and entertainment - Parking W/ 30 Spaces. Landlord Pays For Water & Sewer, Heating, Insurance & Property Maintenance. Tenant's Pay Own Elec & Gas. Call your preferred agent for more information, or give us a call to schedule a showing.
Rare Investment Opportunity: Two buildings totaling 8,142 sq. ft. are primed for transformation. Seize this exclusive chance to renovate and capitalize on the scarcity of deals this size. Unlock the potential of this unique space in a sought-after location.
This is your chance to take the reins of one of Ohio's best-loved delis, a cornerstone of the community for over three decades. Boasting the prestigious title of being among the top 10 delis in the state and a leading wedding caterer in Cleveland, this business is a proven success. In addition to its stellar reputation, it's also listed among the top 5 sandwich shops in Cleveland. With operating hours from 11 AM to 5 PM, and the unique advantage of alcohol service permitted until 1 PM, this establishment is set up for continued prosperity. The building is available for sale and lease, providing an excellent opportunity for both aspiring and seasoned entrepreneurs. Seize the chance to carry on this legacy of excellence!
Exceptional opportunity awaits in this prime location! This versatile property offers a unique blend of a historic establishment and a thriving business. The building is available for sale, along with the highly-regarded business, renowned as one of Ohio's top 10 delis and among Cleveland's top 4 wedding caterers. Boasting a rich legacy spanning over 30 years, it also proudly holds the distinction of being one of Cleveland's oldest bars. The space is not only for purchase but is also available for lease, providing flexibility for prospective owners. Operating hours from 11 AM to 5 PM, with the added advantage of alcohol service until 1 PM. Don't miss out on this rare chance to own a piece of Cleveland's culinary history!
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