100% occupied mixed use building with a retail lease through October 2028, residential leases through September 2025 and a gross income of $36,600! Property consists of a storefront with two retail bays occupied by the same tenant, a small first floor two bedroom apartment down and a large two bedroom apartment up. The residential apartments have both been updated and have baseboard heating. There is a basement under the storefront with an updated full bath, storage and utilities. The building sits on a nice size lot offering outdoor space to tenants and the possibility of parking off the rear alley. This part of Clark Avenue has an active retail presence and seeing a major investment with a new Clark Elementary school just 2 blocks away. Easy access to downtown and University Circle via I-90, minutes to Ohio City, Tremont and Steelyard Commons by car or bike. Public transportation right outside the front door!
Mls | 5070704 |
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Listing Type | For Sale |
Style | Retail |
Subtype | Resale |
Status | Pending |
Year | 1890 |
Days On Site | 82 |
Listing Provided By | Progressive Urban Real Estate Co | David S Sharkey |
Sq Feet | 2,668 |
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Storys | 2 |
Units | 3 |
Buildings | 1 |
Zoning | Commercial |
Acreage | 0.11 |
State | OH |
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County | Cuyahoga |
City | Cleveland |
Zip Code | 44102 |
Community Name | Clark Fulton |
Listing VS Median (in Clark Fulton) | |
Price: $229,900 low | high Med: $209,900 SqFt: 2,668 low | high Med: 2,209 $ / SqFt: $86 low | high Med: $95 On Site: 82 low | high Med: 139.000000 |