Cleveland OH Commercial for Sale
- Type:
- Retail
- Sq.Ft.:
- 23,813
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1890
- Baths:
- MLS#:
- 5082977
- Subdivision:
- Fine
ADDITIONAL INFORMATION
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.
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Cleveland Real Estate
The median home value in Cleveland, OH is $97,300. 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 $97,300. 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 44115 has a population of 374,861. Cleveland 44115 is less family-centric than the surrounding county with 13.77% 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 44115 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 44115 is 36.2 years.
Cleveland Weather
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.