Investment opportunities galore. 2 buildings, with a duplex in one building and a stand alone retail storefront in the other building. Potential rents for all 3 units is about $2,900 gross a month.
Discover a prime investment opportunity in Cleveland's dynamic St. Clair-Superior neighborhood. This commercial property features a former bar space, ready for your liquor license and innovative business ideas, offering significant income potential. It also includes two walk-up apartments, providing additional revenue streams. Situated near the E. 55th Corridor and I-90, the property benefits from exceptional visibility and signage possibilities. Become part of the thriving local business scene and leverage this excellent location to establish your presence in Cleveland's vibrant commercial hub. Don’t wait—schedule a viewing today to explore the limitless potential of this versatile property!
Many possibilities for this 3600sq building. formally. a restaurant lounge. new roof.
This exceptional 22 investment property package offers an incredible opportunity to capitalize on Cleveland's resurgence. Nestled in the vibrant Near West Side, this portfolio boasts a diverse mix of well-maintained homes, providing stable income and significant upside potential. Why Cleveland? • Affordable Investment: Cleveland offers competitive property values compared to other major cities, making it an attractive market for investors. • Resurgent City: Cleveland is experiencing a revitalization with a thriving arts scene, world-class museums, and a growing culinary scene. • Strong Rental Demand: A growing population and job market drive consistent demand for quality rental housing. • Diverse Property Mix: This package includes a variety of property types to suit your investment strategy. Key Features: • 35 Total Units: A substantial portfolio to generate significant rental income. • Prime Location: Situated in the desirable Near West Side, close to amenities and transportation. • Well-Maintained Properties: The units are in good condition, minimizing maintenance costs. • Stable Tenancy: Many long-term tenants ensure reliable cash flow. • Upside Potential: Opportunities for value-add renovations and increased rental rates. CAP RATE – 8.25% Current NOI with anticipated 2024 pay in 2025 property taxes - $236,441.52 Multiple units have extremely low rents, with increased rents, and a management agency, the Cap Rate has a potential of 11.32%. After Repair Value - $3,854,030 Don't miss this chance to invest in Cleveland's exciting future. Contact me today to learn more about this exceptional investment opportunity. Portfolio consists of 14 Single Family homes, 5 Duplexes, 1 Triplex, and 2 Fourplexes. Do not disturb tenants, do not walk properties. Inspections upon accepted offer only! Find the video w/ aerials online, or ask your agent for a link.
2 residential units above with 2 bedrooms each, two storefronts below. Large rehab required. Cash offers only. The seller won the property in a foreclosure sale and has limited knowledge about its history. Please provide proof of funds with a date and a clear connection to the buyer of the property. Maximum 7-day inspection period with a strong preference for those who can offer with no contingencies.
Don;t miss this opportunity to purchase this unique piece of property. Just over 1 acre situated on Lorain Ave. between W53rd and W55th in the Detroit Shoreway Neighborhood. Office Building/Commercial Service Garage with separate retail storefront and 2 residential apartments. Redevelopment Opportunity! Great location just west of downtown Cleveland.
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.
Well maintained Retail Building with 1 bedroom apartment up. Updates include roof maintenance in 2020, newer windows, and some updated electrical. Ample parking and great street exposure. High traffic volume. Rents are on the lower side due to Owner occupant retail and the apartment values for 1 bedroom in an area max around $800/mo. The building is free-standing.
Mixed-Use Investment Opportunity. This charming brick building offers a fantastic mixed-use investment opportunity in the heart of the highly sought-after Kamms Corner neighborhood in West Park. With two prime storefronts on the ground level, three residential apartments above and its own parking lot this property presents both business potential and income-generating residential units, making it an ideal addition to your real estate portfolio.
Incredible opportunity to purchase 6 units perfectly located just south of Shaker Square! Location is everything, and these apartments are just a seconds walk away to all the shopping / entertainment that Shaker Square has to offer. In addition, close to plenty of employment and within in the Shaker CSD. The unit mix is ideal - offering (3) two bedroom, one and a half bathroom units and (3) one bedroom, one bathroom units. The floorpans are large and spacious offering tenants plenty of room AND in-suite laundry hookups. Each unit has its own individual furnace and hot water tank. Tenants are responsible for gas and electric, while the owner pays water/sewer and trash. In addition, all windows have been replaced with vinyl windows and there are (6) garage spots in the rear of the building that a new owner can use to create additional income by charging tenants for covered parking.
Rare opportunity to own this large mixed-use building on 3 adjacent parcels totaling 120'x140'. Formerly the Collinwood Tavern, the main floor operated as a bar/restaurant with apartments on the second level. Nearly 3,500 square feet of above grade square footage. Lots of potential to restore the building or leverage the land for a new venture.
Investor's dream! Own this car lot strategically located in a prime Cleveland location right off bustling Harvard Ave. This 0.35-acre lot boasts high visibility and impressive traffic flow, generating a steady $1,500/month in gross income. Boost your profits with additional revenue streams from car repair services offered onsite in two spacious 10-foot tall car bays. Ample lot space allows for a diverse inventory, maximizing your earning potential. Don't miss out on this turnkey opportunity to own a profitable business in a high-demand area.
Fantastic opportunity in Historic Shaker Square! Welcome to this 28-unit solid brick construction with many updates! Newer boiler within last 2 years, freshly painted and very well maintained. Currently with an on-site manager who may be willing to stay after title transfer. 3016 South Moreland offers 28 spacious 1 bedroom 1 bath units with open floor plans! This turn-key building is currently fully occupied and offers immediate returns with the potential to increase rents in the future. This is a great opportunity for investors. As you view this building, you'll love its beautiful architecture and exemplary charm! The building is Lead Certified.
Check this one out, this 17-unit apartment complex has included 11 one bed and one bath units and 6 2 bed and one bath units, with updates done to multiple units including locks, security system in place throughout the building and outside, roof repairs. This apartment includes CMHA and Eden tenants along with private pay. 16 out of 17 units are currently being occupied. Easy cash flow starting on day one. Cap rate 9.35 with a gross income at 168,900 NOI 102,844 Close to dining and shopping and not far from the freeway this complex will not last long contact your agent today.
Prime Turnkey Investment on West 100th Street! This newly renovated 21-unit property offers an excellent opportunity for investors looking to maximize returns with minimal management. With a unit breakdown of 4 studios, 3 storefronts, 8 two-bedrooms, and 6 one-bedrooms, this property is projected to generate nearly $240,000 in annual income. Every unit has been upgraded to high standards with brand-new electrical, plumbing, roofing, windows, and finishes, including LVP flooring, tiled showers, and modern lighting. High-efficiency electric heating systems have been installed in each unit, with tenants responsible for utilities, significantly lowering operating expenses to an estimated 40%. Currently fully vacant, leasing is underway to establish cash flow prior to sale, offering buyers a seamless transition. West blvd neighborhood offers a unique blend of city convenience and neighborhood charm, Just minutes from key Cleveland employers, transit hubs, shopping, and popular dining spots its ideal for tenants looking to enjoy the areas amenities and short commutes. Convenient closing options available contingent on completion of work by January 2025. Don't miss this opportunity for a high-quality, passive investment in a desirable Cleveland area. Contact us today!
Great open building, previously a warehouse, but has started to be transformed into an event center. Partially finished. Could be any type of retail business, warehouse, machine shop with offices already there. Call for a personal tour.
Great previous neighborhood bar, started renovations, but other business ventures have taken them away from completing. Was going to be an adult entertainment business, but could be a bar, entertainment venue or other retail business. New roof and sprinkler system installed, just need to finish the inside. Call for personal tour.
Discover the potential of this nearly 9,000-square-foot commercial retail building, perfectly located just 5 minutes from I-480 for effortless access. With a versatile layout and ample space, this property is ideal for a variety of uses: retail, restaurant, daycare, storage, and more—the possibilities are endless! Centrally situated in a high-traffic area, this building offers excellent visibility and convenience for businesses of all types. Whether you’re expanding your brand or starting a new venture, this property provides a blank canvas for success. Seize the opportunity to bring your vision to life in this prime location.
Well-established Middle Eastern grocery store with full kitchen and butcher shop in a freestanding building. Great opportunity with loyal customer base!
Thriving car dealership with 70+ vehicles, fully equipped mechanic shop, and detail center. Established business with owner financing available—turnkey opportunity for success!
This well-maintained 6-unit property offers an exceptional investment opportunity with a blend of residential and commercial zoning. The building includes five residential apartments and one flexible commercial space.One apartment was converted into a residential unit. The current owner has made numerous improvements and updates to most water tanks and HVAC systems, ensuring durability and value. The property is fully rented except for one vacant 3-bedroom unit (Unit 4), listed at $950 per month and ready to lease. Tenants enjoy the convenience of owner-paid water, sewer, and trash services. Current rental income ranges from $625 to $1,400 per month. This property is being sold "As-Is," with no additional repairs offered by the seller. With strong occupancy history, versatile zoning, and recent updates, this property is a valuable addition to any portfolio.
Presenting a fully occupied, renovated six-unit residential building featuring four spacious 2-bedroom, 1 bath units and two comfortable 1-bedroom, 1-bath units. With consistent tenant occupancy, this property generates a steady monthly revenue, making it an excellent addition to any portfolio. Take advantage of this turnkey asset with a proven income stream and potential for future growth!
This is a great investment opportunity with quick existing cash flow on Clevelands East side. Barber/Beauty Salon and Appliance/Furniture Store Tenants occupy currently this building. Or make it your own with limited parking. Selling as is. Tenants want to stay. Buyer would be responsible to obtain new leases. Lease information handled by seller. Contact us today 216-770-4232 for more details. Serious inquiries only!
Exceptional Commercial property in a highly visible location sits on a heavily traveled corridor* Excellent and affordable opportunity to expand or grow your business in a well maintained building with long term owner occupied, currently being used as a law office* Welcoming common area offers comfort for collaboration* Solid 3- story Vinyl Sided Building with Private Offices features Newer Windows and Full Kitchen/Cafeteria on the main level, 2nd floor offers 4 additional offices and full bathroom, 3rd level has an additional office with tandem access* Wood flooring under carpet* Lower level has a ½ bath, all of the mechanicals, is partially finished and offers ton of storage room with a back door leading to the parking lot* Roof 2014, Newer concrete pad at rear of building and Newer AC 2023* Endless possibilities to include: Own the building and lease out until you need more space offering a premium setting to elevate your operations or lease to several different occupants as there are 4 separate entrances (front, back, side & lower level walk-up)* Ideal for a variety of business needs, this office space is the perfect blend of style and practicality* The property is conditionally zoned for office use, offering an excellent opportunity for professionals seeking a charming functional space* Backs up to wooded area* The exterior of this property has ample on-site parking for (10-12) cars, paved drive, fully fenced area with immediate access to all major highways* Newer sidewalks, curbs and paved street completed 11/23 by the City of Cleveland Street Beautification Project* The building is conveniently located next door to Fifth Third Bank & ATM and in close proximity to many National Companies such as: O’Reilly Auto Parts, Home Depot, Sunoco, 7-Eleven, KFC and Family Dollar to name a few including several small businesses* Call today for details and a private showing* Easy to show* Fast occupancy available* Owner is retiring.
Exceptional opportunity to restore or redevelop! This magnificent 23-unit, mixed-use commercial building, originally built in 1890, boasts timeless charm with 21 apartments and 2 retail storefronts. Situated on a prime lot with ample parking, this unique property awaits the right vision to bring it back to its original grandeur or creatively repurpose its high-visibility space. The building showcases a blend of historic craftsmanship with stunning architectural details—grand staircases, oversized artisan windows, high ceilings, and intricate woodwork highlight its striking interior. Positioned in a prime commercial corridor, the property offers exceptional street frontage and easy access, ideal for current mixed-use or other redevelopment potential. While this project promises incredible returns, please note that the building has been vacant for several years and is being sold “as is.” The seller’s knowledge of the building is limited, and prospective buyers are encouraged to conduct thorough due diligence. Showings are available by appointment only with proof of funds or a letter of credit. Don’t miss this rare, affordable chance to transform a historic gem in an unbeatable location.
The median home value in Cleveland, OH is $130,000. This is lower than the county median home value of $177,200. The national median home value is $338,100. The average price of homes sold in Cleveland, OH is $130,000. Approximately 34.25% of Cleveland homes are owned, compared to 48.78% rented, while 16.97% are vacant. Cleveland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cleveland real estate agent to arrange a tour today!
Cleveland, Ohio has a population of 374,861. Cleveland is less family-centric than the surrounding county with 15.15% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in Cleveland, Ohio is $33,678. The median household income for the surrounding county is $55,109 compared to the national median of $69,021. The median age of people living in Cleveland is 36.2 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 37.9 inches per year, with 54 inches of snow per year.