Cleveland OH Real Estate & Commercial for Sale

great investment potential*motivated seller*this opportunity consists of two first floor stores, one of which is rented, and 6-8 apartment units that need rehab*plenty of cash flow potential for the right purchaser*building is 12,532 square feet*

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.

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.

Discover an exceptional investment opportunity in Little Italy! This 5-unit apartment building offers immediate income with 2 units leased at $1000 and $1200 per month. Additionally, two vacant units are turnkey and perfect for short-term rentals, maximizing profitability. Located in the vibrant and sought-after neighborhood of Little Italy, this property promises both stability and growth potential for investors. Don't miss out on this rare chance to own a lucrative income-generating asset in one of Cleveland's most desirable areas.

Unique opportunity to acquire a commercial lot zoned for apartment development in the ever expanding University Circle area of Cleveland. New construction throughout the block on Orville Avenue off East 105th. Nestled between 10729 Orville and 10801 Orville