ABSOLUTELY GORGEOUS!! The perfect addition for any real estate portfolio. Completely renovated top to bottom - Newer: plumbing, electric, HVAC, roof, gutters and vinyl windows (120 of them!!). 19 unit apartment building (6 - studio, 8 - 1 Bed, 5 - 2 bed units) with 3 retail storefronts and an office space. Incredible occupancy rate - apartments will be 100% occupied by the end of the month. Adjacent parcel also included providing 13 - 16 parking spaces. Literally, every unit was gutted and remodeled. Each unit boasts refinished hardwood floors, 8 ft ceilings, updated kitchens (include: refrigerator, stove and microwave), updated bathrooms, in unit tank-less water heaters, furnaces and electric panels. Retail storefronts have also been completely renovated. Current gross rent w/ laundry is $190,992 - this does not include the office space (owner occupies) or the "rent ready" 2850 Sqft vacant retail storefront. ENORMOUS POTENTIAL for INCREASED INCOME: (1) Current rents are well below CMHA rental benchmarks (2) 5000 Sqft basement could be converted to add 4 additional 2 bedroom units and a 1 bedroom unit (3) Charging for parking spaces - $50 per month. Current cap rate 7.85 - could be considerably higher. Located in a high traffic and high rental demand area. Close to highway access, minutes from downtown Cleveland, close to Cleveland Clinic, University Hospital, Euclid Hospital, Lake Erie parks and beaches, restaurants, shopping and public transit. This is an exceptional property, location and opportunity!!!
Commercial land for sale near the heart of Solon with a thru-way to Giant Eagle parking lot. 1.32 clear acres ready for the right build. Half of the parking lot to the southeast comes with property. Driveway on the back of the lot can possibly be moved to make more room for construction. Currently zoned Office/Medical. Possible rezoning available for retail or restaurant. Call for more details.
Rare Opportunity: Well-established Chinese restaurant for sale! Immerse yourself in a culinary venture with a proven track record of success. This turnkey business features a prime location, loyal customer base, and a menu highlighting authentic flavors. Fully equipped kitchen, traditional ambiance, and a reputation for excellence await the next owner. Don't miss your chance to step into a thriving restaurant with endless potential. Seize the flavors of success today! New owner can open immediately with Landlord's approval and assignment of lease
This property is located in Cleveland and is now on the market. The property features over 37,000 square feet and has office space along with the factory space. Seller states the property has a permit for waste material and this permit will transfer to the new owner of the property as well. This listing is for the Real Estate. Schedule an appointment to view this property and to invest in a property located in the heart of Cleveland, Ohio!
Great Opportunity to purchase this vacant land in Meadowbrook Market Square. The property consists of 9.13 acres and it is fully improved. The property is currently zoned for General Retail. Excellent traffic count at Rockside and Northfield Rd. New Honda car dealership coming in on rockside rd. Busy and growing location. Contact me today for additional information.
Take a look at this strip mall to add to your portfolio includes spaces with plenty of parking and an entrance from either side of Saint Clair and Shaw. This building already has a grocery store, and a smoke shop coming soon. with two other spaces that are vacant needs a little TLC, or can you merge to make one. Seller is selling as is, no updates or repairs will be done. Buyer is to use due diligence. PLEASE DO NOT APPORACH EMPLOYEES OR CUSTOMERS. Come make this property yours, and invest in a dream or vision. All potential buyers must be accompanied by a agent.
Very nice professional building currently being used as a dog grooming facility. 2 groomers paying month to month. Previously was a vet clinic. Great location.
Turnkey key 17 unit apartment complex waiting for its new owner! This property is a cash flowing machine! Current gross income at an 82.4% occupancy rate is $154,692 with a cap rate of 9.1% before expenses! Units range between 1-3 bedrooms and all are varying with different tudor style layouts for each unit. Featuring grand architecture on the exterior property, this one is a must add to your real estate portfolio! Units include beautiful hardwood flooring, large open living rooms with a ton of natural lighting, new interior paint, lvp flooring and very spacious floor plans! Street parking and parking spaces in the back of the building along with public transportation are available. Each apartment unit can be newly renovated and turned into a condo development for maximum return value, or keep it for your own personal rental portfolio. Mechanics are all newer and in great condition! Close proximity to shopping, restaurants, public transportation, freeway access, hospitals and much more. Hurry! This property will not last long!
Fabulous Opportunity in Historic Shaker Square Located 1/4 Mile South of the Square with Plenty of Room to Add Value and Create Equity. 2828 Features 2 one Bedroom Units and 17 Two Bedroom Apartments, The 2 Bedrooms are Over 1000 Sqaure Feet, All Natural Hardwood Floors Throughout, New Vinyl Windows, Roof, Boilers Have Been Maintained and are Operational. A Few 2 Bedrooms Have Been Renovated and are Currently Renting for $1200. The Units are Spacious with Great Architecture and Definitely can be Restored. Covered Parking for About 10 Cars, Laundry Room in Each Building. Great Opportunity!!
There are 9 properties being sold as a package.Additional Parcel #s, Addresses, & Rent Roll in Supplements...Disclosures upon requesDO NOT DISTURB THE TENANTS.SHOWINGS ONLY AFTER ACCEPTED CONTRACTThese Properties are Situated in the Kiwanis Lake Subdivision, which offers its own private Recreation, Boating, Private Lake for swimming, and Fishing. You Never have to leave this Friendly and Private community . This Darling home has been totally redone from top to bottom...Roof, Windows, 400+ sq ft added, added 3 bedrooms & 2 Full Baths Flooring, Landscaping. Updated Electrical Panel 200 AMP Service !!! West Geauga Schools !! ... Show & Sell !!!
Fabulous Opportunity in Historic Shaker Square Located 1/4 Mile South of the Square with Plenty of Room to Add Value and Create Equity. Features 5 one Bedroom Units and 14 Two Bedroom Apartments. The 2 Bedrooms are Over 1000 Sqaure Feet, All Natural Hardwood Floors Throughout, New Vinyl Windows, Roof, Boilers Have Been Maintained and are Operational. The Units are Spacious with Great Architecture and Definitely can be Restored. Covered Parking for About 10 Cars, Laundry Room in Each Building. Great Opportunity!!
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.
Prime opportunity awaits at this bustling intersection! An empty commercial lot, ripe for development, beckons savvy investors. With its unbeatable location and boundless potential, seize this chance to make your mark in a thriving community. Don't miss out on this exceptional investment opportunity
Excellent location! Free standing mechanic shop/potential gas station with house and 2 acres of land. Located on a high traffic area and across form the marina.
Now for sale in Eastlake's Marina District! A combination of 11 parcels making up 5.66 acres directly on Lakeshore Blvd in Eastlake. along with 6 single family homes that sit on the lot. Possible future uses include mini storage, marina sales, multifamily, residential townhomes, mobile home park, retail strip center, medical, entertainment/restaurant, single family homes, etc. A copy of the Lakeshore Development District purpose and permitted uses is attached in the MLS listing supplements. This property is primed for development; the area is seeing massive growth with new construction of residential homes in the 700k range directly on the river (6 currently listed for sale, 2 already built). The new Chagrin Tavern on the riverfront is attracting many people to the area and there is a brand new riverfront TIKI BAR named Castaways! All of the (5) yacht clubs on the Chagrin River are at capacity with waiting lists for new members. This is the time to acquire this property that has a multitude of potential uses, splits, etc. This high traffic street serves as a corridor for Eastlake's marina, lakefront, and river attributes. A plat map is included in the photos showing the approximate boundary. The western boundary is the Don Tequila restaurant and the Eastern Boundary is Hartford St. See broker remarks section for a list of parcel numbers included. Although there are 6 single family homes on property, this listing is prime for new development. Please do not disturb the residents.
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 and $2,000 per month projected for the hair salon, which is being operated by the building owner. 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.
Welcome to this fantastic opportunity for multi use commercial space. Ideal location and well maintained former Montessori School on 1.5 private acres with beautiful landscaping complete with large gazebo, walking trails and bridges. Large, bright collaborative spaces. Open common area. First floor kitchen. Ideal for current use as school, office and/or creative space. Quick access to RT 422 and near Chagrin Falls and Bainbridge amenities.
Nice building with loads of potential. The front section was last used as a church and the rear is a 2 bedroom unit. The building has is in need of a full rehab. Don't hesitate too schedule your showing today!
This 16-unit townhome apartment building offers an incredible investment opportunity! There are some big ticketupdates, including 14 fully renovated units! All units have 2 bedrooms, 1 full bathroom, ensuite washer and dryer hookupsand a private parking space. Renovated units feature new flooring, new kitchens, new switches/outlets, new fixtures anda fully painted interior. Additional updates included new signage, new plumbing, new hot water tanks as needed, newwindows as needed, 3 roofs have been repaired or replaced, new commercial grade gutters and downspouts installed,extensive landscaping and extensive storm sewer work. Plus brand new appliances! Professional, full-service propertymanagement is already in place and willing to stay on! Property is in a great location, across the street from a park andhas easy highway access, is near food, shopping and public transit. An incredible chance to build your portfolio! Reach outtoday to learn more!
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
Unique opportunity. Vacant land with a large commercial sign on major street bringing in $1200 per year. Major commercial artery. City owned lot next door may be available to expand functionality and use.
Rare Investment Opportunity: Two buildings totaling 8,142 sq. ft. are primed for transformation. Seize this exclusive chance to renovate and capitalize on the scarcity of deals this size. Unlock the potential of this unique space in a sought-after location.
Incredible opportunity to fix up and stabilize a huge commercial property in the Glenville area. Extensive updating in the past 25 years. Currently completely vacant and requiring repair and improvement. Previously a medical office, daycare, and community offices. Minutes from University Circle, Downtown, and Bratenahl. Excellent frontage on main road!
Double lot, zoned commercial and located on a main road perfect; adding so much traffic exposure for your business. The lot located behind these two lots is land bank owned and potentially available. High traffic area- perfect for a body shop, retail store, and so much more. Both lots have been combined for tax purposes with the city's appraisal department to simplify the process. Start the journey today to building your own business and getting one step closer to achieving your dreams!
Donna Trunko Cell: (440) 567-9024 Office: (440) 331-8500 Email
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