Cleveland Heights building for sale. 2nd floor has 10 offices. First floor has 2 rental salons and a car repair/body shop. Owner selling "as-is". Call for details of current leases.
The Noble Apt offers 7 units, featuring nearly all 2 bedroom units, each over 1000sq ft. The 7th unit is a vacant 1 bed unit with 885 sq ft located on the lowest level and will require a full renovation. The seller has made some Large Capx improvements that includes installing a new furnace, a new hwt, vinyl windows and a brand new sewer line. Unit 5 has recently under gone improvements to make it rent ready & the Flat roof has no issues. There are 6 full time security cameras that can transfer to new owner. Tenants are responsible for their own gas and electric. 5 units are currently are occupied at $3893/mo total. Placing the remaining 2 units would add 1500/mo! Once stabilized, this building will cashflow $5500/ mo. ($66,000 per year!) Expenses are low making your profits high.Current income: Unit 1: 743 eden (3 years), Unit 2: 800 cash, Unit 3: 750 cash, Unit 4: 800 eden, Unit 5: vacant will be rent ready (800), Unit 6: $800 cash & Unit 7: Basement that requires renovation (market rent $700). NOI from the 6 -2 bed units alone is over $25,000/ year! For more information or to schedule your showing please contact the listing agent.
Investment opportunity located in the heart of Historic Downtown Willoughby . Stand alone micro brewery and restaurant. Two story open concept space featuring one of the best roof top patios seating 75, where guests can fully enjoy the outdoor dining experience. Indoor seating accommodating 160. Parking onsite of the property. Located near a high traffic intersection with great visibility. Downtown Willoughby is a premier destination in Northeast Ohio known for its one of a kind day and nightlife experience with restaurants, bars, community activities, unique boutique and vintage shopping, along with a year round art and entertainment city schedule.
Large 4,725 sq ft steel framed auto repair garage, auto/vehicle storage facility, or tire repair facility with two (2) offices, a bathroom, outdoor parking, and signage. There are 4 garage bays on one half of the building with a lift and access to the offices and bathroom. A door leads to the other half of the building with is vehicle storage. Building has a couple of security cameras and heaters (need repair), and an old compressor. Great condition!
Ideal location! just off I 90. Currently being used for law offices. The building has a full kitchen and bath, plenty of storage. Main floor has 3 rooms/offices and a full kitchen. Second floor has 4 rooms and a full bath, plus finished attic for additional office space or storage. Newer windows throughout, roof 10yrs old, new concrete pad at rear of building poured 2023, New AC 2023. The building is in great shape just needs some aesthetic attention. X-LARGE FENCED IN REAR PARKNG LOT AND PAVED DRIVEWAY. High density traffic area - perfect for salon, restaurant, drive thru, office and retail. Property is part of the City of Cleveland Street Beautification Project (new sidewalks, curbs and paved street completed 11/23). Minutes to highways, Lake Erie Metropark's, University Circle and downtown.
Excellent location, easy access to main highways, I 90, I 271, The Cleveland Clinic, Downtown Cleveland, and more. Be a part of the planned redevelopment in East Cleveland and be ready to lease. Expect to do some renovations, see broker remarks - recent fire in 6 units vacated the entire property.... it's a blank canvas to make it what what you want.
INVESTOR SPECIAL! TURNKEY 3 property package for a total of 27 units! There are 10 two bed 1 bath units, 17 one bed one bath units split between the two apartment buildings and a triplex. All units have undergone recent renovations including new flooring, paint, mechanics and is a cash flowing machine! Currently at 66% occupancy, property management is working on having all units tenanted in the next few weeks for 100% occupancy. Property management would be able to transfer over to the new owner. At 100% occupancy, this package would be bringing in a gross income of over $300,000 for a 15% cap rate before expenses! These properties do have the ability to be sold individually.You do not want to miss this opportunity! POS to be ordered upon executed contract and buyer to assume POS violations.
TURNKEY APARTMENT BUILDING! If you are looking cash producing apartment complex that is almost at 100% occupancy, then look no further! Producing over $7,500 in rent a month right now, at max rental occupancy, you will be looking at over $11,000 a month for a total of over $135,000 GCI at a 13.5% cap rate before expenses! This property features 14 units, 7 one bed one bath units and 7 two bed one bath units. Each unit features beautiful hardwood floors, tons of natural lighting and spacious bedrooms! Property management is estimating to have all units tenanted by the end of April. Mechanics are also new including the hot water tanks, a brand new $40,000 boiler system and updated electric throughout the entire complex! All it is missing is its new owner! There is one extra unit that needs a complete remodel and could create additional income for the property. Mix and match! This property can be purchased individually, with 684-03-006, 684-03-033 or all 3 for $2,000,000. POS to be ordered upon executed contract and buyer to assume POS violations. Hurry! This property won't last long!
TURNKEY APARTMENT BUILDING! If you are looking cash producing apartment complex that is over 50% occupied, then look no further! Producing over $3,800 in rent a month right now, at max rental occupancy, you will be looking at over $7,000 a month for a total of over $94,044 GCI at a 12.5% cap rate before expenses! This property features 10 one bed one bath units! Each unit features beautiful new floors, tons of natural lighting and spacious bedrooms! Property management is estimating to have all units tenanted by the end of April. Mechanics are also new including the hot water tanks, boiler system and updated electric throughout the entire complex! All it is missing is its new owner! POS to be ordered upon executed contract and buyer to assume POS violations. Mix and match! This property can be purchased individually wiith 684-03-006, 684-03-033 or all 3 for $2,000,000.Hurry! This property won't last long!
Great location, minutes to public transportation, hospitals, universities, shopping and dining. 70% Occupied 14 unit building with 1 and 2 bedroom units that have been updated with: newer cabinets, refinished hardwood floors, new windows, on site laundry room with work table, change, and soda machines.
Welcome to the opportunity of a lifetime! Nestled in the heart of East Cleveland, Ohio, this 21-unit property is situated right on Stanwood Rd and offers an incredible investment opportunity. Whether you're looking to build a profitable rental business or a complete rehab project, this properties has it all. With its close proximity to Shaw High School, Superior Elementary School and the renowned Cleveland Clinic, the second-best hospital in the nation, this is the perfect spot to get your project started. Take advantage of this incredible opportunity while you can, as properties like this don't come around every day. Don't miss out" This property is now available. The property is currently vacant and needs a total rehab the property has already been cleaned out and completely gutted. Buyers are responsible to do their own due diligence on repair cost. 21 Unit Apartment Building -$289k SPECS: BEDROOM: 21 BATHROOM: 21 FIREPLACES: 21 SQ FT: 18,772 LOT SQ FT: 6,390 BUILT 1925 EST. RENT: $850-$950/MONTHLY
Welcome to the opportunity of a lifetime! Nestled in the heart of East Cleveland, Ohio, this 29-unit and 4 storefront property is situated right on Euclid Ave and offers an incredible investment opportunity. Whether you're looking to build a profitable rental business or a complete rehab project, this properties has it all. With its close proximity to Shaw High School, Superior Elementary School and the renowned Cleveland Clinic, the second-best hospital in the nation, this is the perfect spot to get your project started. Take advantage of this incredible opportunity while you can, as properties like this don't come around every day. Don't miss out" This property is now available. The property is currently vacant and needs a total rehab. Buyers are responsible to do their own due diligence on repair cost. 29 Unit Apartment Building with 4 Storefronts -$275k SPECS: BEDROOM: 29 BATHROOM: 29 SQ FT: 26,848 LOT SQ FT: 8,911 BUILT 1922 EST. RENT: $850-$950/MONTHLY
Corner brick 2-story building. Two storefronts down. Two apartments up. Located in the heart of Euclid. Rear parking. Large 2 bedroom units up. All tenants are month-to-month. Tenants pay all utilities excluding water and sewer. One store front vacant.
Discover an exceptional investment opportunity with this well-maintained, income-generating 23-unit apartment building. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to real estate investment, this property offers the potential for substantial returns in a growing rental market.This apartment building offers a mix of 1- and 2-bedroom units to cater to various tenant needs. Many units have been tastefully updated and modernized. With a solid occupancy history and strong rental demand, coupled with updated units that command competitive rental rates, this property has the potential to provide a steady stream of income. This property is conveniently situated near local amenities, public transportation, and educational institutions. It offers easy access to major roadways, making it a desirable location for residents working in Cleveland and surrounding suburbs.This fantastic 23-unit building is a prime investment opportunity in a growing rental market. Contact us today to schedule a viewing!
Incredible 30 unit package deal! This listing is for 3 apartment buildings, 2 are 12-units and 1 6-unit. They are an excellent addition to your rental portfolio! 17802 Lake Shore Blvd. has 6 units, 17808 Lake Shore Blvd totals 12 units and 17740 Lake Shore Blvd has 12 units. All 3 buildings are brick exterior, recently repaired roofs (2022). Building 17808 has a newly repaired driveway. Buildings 17808 and 17802 have newer furnaces in vacant units. Updated rent ready units in building 17808 (Units 104,105 & 205). All buildings have trash bins and coin operated laundry. There is covered parking for buildings 17808 & 17802. Located in area with high rental demand, the properties are close to highway access, minutes from downtown Cleveland, close to Cleveland Clinic Euclid Hospital and Lake Erie parks and beaches, food, public transit and more! Don't wait on this great opportunity! Reach out to learn more!
Retail! Excellent frontage! High traffic corner, main street across from hospital. Delivery door, multiple drive thru lanes. Plenty of compliant lanes. Ingress/Egress from two main Roads. Rear mezzanine level with elevator for additional storage. Womens and Men's restrooms. Freezers and cold storage stay. Security system and security doors.
Super solid brick building, many updates, newer roof open floor plan good for your design and business ideas. This building have so many versatilities ,daycare, Resturant convenient store, cell phone store and many more options.This property have over 9000 sft of usable space 4500 sft on first level and the same for full clean basement.This property clean and open to start any type of business. Property is vacant and ready to transfer.Price is negotiable .
This commercial property has exceptional potential and use. The main building was being used an as entertainment center. The owner occupies a significant amount of space. There are two additional lots that are owner occupied, one being used a landscape storage belonging to owner and one is a truck stop; combined lots over 1 acre. The property is located on Miles Parkway directly across from Amazon Warehouse & Distribution Center. The interior space includes large party center space, 9 offices, kitchen and baths. Parking accommodates 10 or more with the potential of many more parking spaces on the additional lots. Accessible to I-480, I-271, shopping centers. There is some new construction taking place on the site of the adjacent mall.
This phenomenally well kept apartment building is ready for your investment portfolio!!! In the heart of Shaker Heights sits this 12 unit beauty . 4 / 4 bedroom 3 bath units with in suite laundry and 2 floors . 4/ 2bed 2bath . 3/ 1 bed 1bath & 2 studio apartments with only one vacancy- & rents as high as 2,225. Garage and outside parking . Near shopping and transportation lines . This building has been managed by City Wide Development & management can roll over if needed. All codes up to date , registrations and fire safety inspections met . Brand new water tanks installed . She truly is a gem .
Don't miss out on this property that is prime for multiple sources of income! It offers an excellent location to start or expand your daycare business. The owner has designed a comprehensive layout, updated the mechanicals and all that is needed is your final touches. This center offers 5 classrooms and 3 bathrooms which can accommodate up to 70 children; an outdoor play area and a neighborhood that offers a strong sense of community completes this property. In addition, this property offers 2 spacious apartments upstairs, ready for the right owner to get them market ready. Do not miss out on this prime commercial property that is SURE to bring streams of income and endless growth opportunity. Schedule your appointment today!
Explore the tranquil opportunity of owning your own salt cave sanctuary! Nestled in a prime location, this turnkey salt cave business offers a unique and rejuvenating experience for wellness seekers. Step into a serene oasis where Himalayan salt walls create an atmosphere of relaxation and healing. This business boasts a loyal clientele and a proven track record. Take advantage of this rare chance to own a thriving wellness venture in a sought-after locale. Your journey to entrepreneurship starts here!
Donna Trunko Cell: (440) 567-9024 Office: (440) 331-8500 Email
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