Cleveland OH Commercial for Sale

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Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.42 Acres
Year built:
1943
Baths:
MLS#:
5084892
Subdivision:
Apart Rlty

ADDITIONAL INFORMATION

Fantastic opportunity! Welcome to this all-brick building featuring 35 Apartments! 23 units offer 1 bedroom and 1 bath and 12 units offer 2 bedrooms and 1 bath! This building and property are well maintained. The current manager may be willing to stay after the title transfer. 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!

Type:
Apartment
Sq.Ft.:
27,541
Status:
Active
Beds:
n/a
Lot size:
0.84 Acres
Year built:
1948
Baths:
MLS#:
5084893

ADDITIONAL INFORMATION

Fantastic opportunity! Welcome to this all-brick building featuring 21 Apartments! All of the units offer 2 bedrooms and 1 bath! The owner Pays for Heat, Sewer, and Water. Tenants Pay for Cooking Gas and electricity. This building and property are well maintained. The current manager may be willing to stay after the title transfer. 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!

Type:
Retail
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.82 Acres
Year built:
1927
Baths:
MLS#:
5081076

ADDITIONAL INFORMATION

Welcome to this fully operating successful business. This Restaurant sits in the best location with high traffic counts. Has a large following with a large take out business. Training is available.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1930
Baths:
MLS#:
5077400
Subdivision:
Euclid 09

ADDITIONAL INFORMATION

**For Sale: 1615 Ridgefield Rd, Cleveland Heights, OH – Commercial Apartment Building** Seize this incredible investment opportunity with this well-maintained commercial apartment building located at 1615 Ridgefield Road in the vibrant Cleveland Heights area. This property features 10 spacious one-bedroom, one-bath units, offering a steady income stream and a prime location. Being sold with 14174 Superior Rd Cleveland Heights OH 44118. Boiler was serviced in November of 2023 for optimal functioning and numerous capex improvements have been made. Buildings are a stable addition to your portfolio due to the variety of exit strategies. **Key Features:** - **Well-Maintained Units**: Each apartment is designed for comfort, featuring ample living space, modern kitchens, and updated bathrooms. - **On-Site Amenities**: Residents enjoy on-site laundry facilities, off-street parking, and shared outdoor spaces, enhancing the overall living experience. **Investment Highlights:** - **Strong Demand**: Situated in a sought-after neighborhood, this property benefits from high demand for rental housing, ensuring a reliable tenant base. - **Revenue Potential**: With opportunities for rent increases and potential improvements, there is significant room for increased revenue. - **Management Ease**: Right next door to 14174 Superior Rd for ease of management. **Location Advantages:** - **Cleveland Heights Community**: A desirable area known for its diverse community, excellent schools, parks, and cultural amenities. - **Convenient Accessibility**: Located near public transportation and major roadways, providing easy access to downtown Cleveland and surrounding areas. This commercial apartment building at 1615 Ridgefield Road is a fantastic investment opportunity with strong cash flow potential. Don’t miss your chance to add this prime property to your portfolio! Contact us today for more details or to schedule a viewing.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1920
Baths:
MLS#:
5077399
Subdivision:
Ridge Road

ADDITIONAL INFORMATION

**14174 Superior Rd - 14-Unit Apartment Complex in Cleveland Heights, OH** Welcome to 14174 Superior Rd, an exceptional 14-unit apartment complex located in the vibrant and sought-after Cleveland Heights neighborhood. Building has brand new boiler just replaced in November of 2023. Building being sold with 1615 Ridgefield Rd Cleveland Heights OH 44118 (10 units). Buildings have diverse number of exit strategies making them a stable investment to add to your portfolio. **Key Features:** - **Diverse Unit Mix:** The complex consists of a variety of spacious one- and two-bedroom units, appealing to a wide range of tenants, from young professionals to families. - **Prime Location:** Situated near public transportation, parks, shopping centers, and local dining options, residents enjoy a convenient lifestyle. - **Strong Rental Demand:** Cleveland Heights is a desirable area with a stable rental market, ensuring consistent occupancy rates and potential for growth. - **Well-Maintained:** The property has been meticulously cared for, with recent updates to both the interior and exterior, providing a welcoming environment for residents. - **Parking Availability:** On-site parking ensures convenience for tenants, adding to the property’s appeal. - **Outdoor Space:** A shared outdoor area provides a perfect spot for relaxation and community gatherings. - **Potential for Value-Add:** Opportunities for further improvements and renovations to increase rental income and property value. This apartment complex represents a unique opportunity for investors looking to expand their portfolio in a thriving market. Don’t miss your chance to own a piece of Cleveland Heights’ real estate! **Contact us today to schedule a viewing or for more information!**

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1926
Baths:
MLS#:
5044909
Subdivision:
Smith

ADDITIONAL INFORMATION

Great opportunity to add FOUR well maintained multi-unit rental properties to your portfolio! All properties are duplexes located in beautiful Cleveland Hts. Properties have 8 total units with 27 total bedrooms, and market rents of over $9,500/month. Addresses included in this package are listed below. Hurry to take advantage of this very rare opportunity to add seven beautiful properties to your network!

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Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 2939 Vernon Place, Suite 300, Cincinnati, OH 45219


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Yes MLS. Real estate listings held by brokerage firms other than the owner of this site are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Yes MLS. All rights reserved.



Cleveland Real Estate

The median home value in Cleveland, OH is $178,500. This is higher 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 $178,500. Approximately 51.45% of Cleveland homes are owned, compared to 38.33% rented, while 10.22% 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 44118 has a population of 45,267. Cleveland 44118 is more family-centric than the surrounding county with 25.64% 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 44118 is $62,823. 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 44118 is 36.5 years.

Cleveland Weather

The average high temperature in July is 81.9 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 38.3 inches per year, with 67.8 inches of snow per year.

Cleveland Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    123
    30-day change

Cleveland Schools and Demographics

Education near Cleveland, OH

Metric City County
High School Graduates 95.01 90.72
College Degree - 2 year 7.02 8.03
College Degree - 4 year 56.44 34.38
Graduate Degree 17.23 9.69
Expenditures per Student 20,172 20,172
Students per Teacher 17.7 17.7

Elementary Schools near Cleveland, OH

School Grades Students P/T Ratio ZIP
Andrew J Rickoff PK - 08 461 16.5 44120
Boulevard Elementary School KG - 05 328 11.1 44118
Canterbury Elementary School KG - 05 343 12 44118
Chapelside Cleveland Academy KG - 08 442 20.3 44120
Fairfax Elementary School KG - 05 335 12.4 44118
Gearity Professional Development School PK - 05 323 11.5 44118
Greenview Upper Elementary School 03 - 06 762 18.8 44121
Harvey Rice Elementary School PK - 08 465 18.2 44120
Noble Elementary School PK - 05 443 12.1 44121
Rowland Elementary School PK - 03 429 17.7 44121

Middle Schools near Cleveland, OH

School Grades Students P/T Ratio ZIP
Believe To Achieve-Cleveland KG - 08 381 10 44120
Frank L Wiley Middle School 06 - 08 401 10.8 44118
Monticello Middle School 06 - 08 608 9.3 44121
Roxboro Middle School 06 - 08 660 10.2 44106
Woodbury Elementary School 05 - 07 833 16.4 44120

High Schools near Cleveland, OH

School Grades Students P/T Ratio ZIP
Cleveland Heights High School 09 - 12 1,803 13.8 44118
George V. Voinovich Reclamation Academy 09 - 12 105 46.2 44120
Langston Hughes High School 09 - 12 98 30.9 44120
Life Skills of Northeast Ohio 09 - 12 113 21.5 44120
Shaker Hts High School 09 - 12 1,797 15.6 44120

Demographics near Cleveland, OH 44118

Metric Zip Code City
Neighborhood Type Inner City
Population 45,267 1,263,667
Population Density 5,589 2,764
Median Age 36.5 40.3
People per Household 2.3 2.2
Median Household Income 62,823 55,109
Average Income per Capita 41,177 36,321