Property is in Recievership in The Court of Common Pleas of Cuyahoga CountyCase # CV 23 982268All transactions are subject to Court Approval as well as review and approval by Plaintiff in the foreclosure case noted above.Receiver makes absolutely no representation about whether Court Approval will be able to be achieved.Any effort, energy, or funds spent by potential buyers are spent at potential buyer's own risk.CALL FOR OFFERS DATE: 1/18/24** NOTE: Asking Price is shown as $10,000,000 as that is close to UPB on note in foreclosure. Receiver will entertain offers. **
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.
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.
This well-established bar is now available for sale in a prime Cleveland location. The property boasts 1440 square feet of usable space, perfect for creating a comfortable and inviting atmosphere for your patrons.Key Features:Ample Parking: Both on-site and an extra lot included, ensuring convenient parking for your customersFenced-in Private Area: A perfect space for outdoor seating or events, offering privacy and a unique atmospherePotential Basement Kitchen: The possibility of adding a kitchen opens doors for expanding your menu and catering optionsLiquor License Included: Save time and money with a ready-to-use liquor license included in the sale. This prime location with ample space and amenities is a perfect opportunity for an experienced bar owner or restaurateur to create a thriving business.
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.
Commercial Building for Sale Strategically located between I-271 and I-77 along I-480, this property, formerly known as the Maple Heights Broadway Care Center, features a substantial three-acre site with a 40,000-square-foot, three-level steel-beam construction building. Encompassing 100 beds distributed across 50 rooms, the facility is equipped with amenities including two elevators, offices, exercise and activity rooms, dining areas, and a finished walkout basement. Noteworthy attributes extend to a comprehensive range of facilities, such as a full-service commercial kitchen, storage, laundry, and mechanical amenities. The property boasts an 84-space paved parking lot and three driveways, giving multiple access points to Lee and Broadway. This versatile investment opportunity accommodates various uses with multiple possibilities. Spanning from Senior Housing and Multifamily Apartment Buildings, establishing it as a unique and enduring value-add prospect. Schedule a tour today!
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!
Ready to Shape Your Vision!Step into possibility with this remarkable property located on Broadway Ave, just moments away from I-480 and the bustling Broadway Auto Mile. This former post office, now a canvas for your dreams, awaits transformation into your ideal business haven.Uniquely positioned with a spacious open floor plan and soaring 15-foot ceilings, this building offers a blank canvas for your imagination. But that's not all - envision your vision taking shape effortlessly, as the property is primed for development. With old restrooms already demolished and all rough-in plumbing in place, your project gains a head start towards realization. To ensure easy maintenance of the ceiling and ceiling lights, scissor lift may stay with the property.Convenience meets practicality with a large parking lot to accommodate visitors, and a substantial 1188 sq ft covered loading dock, ensuring seamless operations. Moreover, accessibility is ensured with an ADA compliant entry, welcoming all guests inclusively.Embrace endless possibilities with General Commercial zoning, inviting a multitude of potential uses. Whether it's retail, office space, or a vibrant gathering spot, this space is ready to adapt to your vision.Moreover, the property boasts modern upgrades, including a newer roof with enhanced drainage system, superior insulation, long-term (till 2041) warranty and a state-of-the-art rooftop HVAC unit, promising efficiency and comfort.Seize the opportunity to bring your vision to life in a space that's primed for success. With old restrooms removed and plumbing rough-ins in place, the groundwork is laid - the rest is up to you. Don't wait - let your imagination soar and make this space your own!
Prime 3.22 acres of commercial property in great location right off rt 2 in Wickliffe, Ohio. There are 3 large commercial buildings located on the property. One of the buildings has a great retail area with 3 offices and two bathrooms that has been updated. The back of the building has approximately 10,000 sq footage of warehouse space with 4 large doc doors and with Infrared tube heating and a $22,000 large outside wood burner system that heats the whole building as well. That can cut gas heating cost to next to nothing. There is a tenant on the east side building. The final building located on the back of the property has a large dock door as well and has great warehouse storage place. This property comes with a newer $200,000 industrial digital scale that is already installed ready to use. There are some many options to use this property.
Don't miss out on this commercial property that is prime for multiple sources of income! It offers an excellent location to start or expand your daycare business, with a fenced outdoor playground in the back of the building. This commercial property can be used for a retail or misuse businesses. The commercial property is ready for the right owner to make this property their own with some TLC. This property is SOLD AS IS. Do not miss out on this commercial property that is sure to bring multiple streams of income and growth opportunities! Please do not wait schedule your showing today!
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.
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.
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!
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.
Class C Commercial Bldg(s) -3 Buildings on the same parcel. Updates in progress on several units... 6 are currently occupied, 8 are ready to rent. Total of 39 units in various stages of improvement. Roof recently replaced. Located in the Shaker Blvd / Buckeye triangle with easy access to shopping restaurants and entertainment - Parking W/ 30 Spaces. Landlord Pays For Water & Sewer, Heating, Insurance & Property Maintenance. Tenant's Pay Own Elec & Gas. Call your preferred agent for more information, or give us a call to schedule a showing.
This property can also be leased at $1,500 per month. Prime location for Auto Repair, Storage or Retail. Light causes cars to stop & stare at building. Renovated in 2023. 20 parking spaces, 3 Hose bibs, 2 Floor drains. Unit A: 2900 SF Shop + 860 SF Office, Kitchen, and bath. Two 10x12 Roll-ups in 2 large shops. Offices with storeroom, HVAC and insulated. Unit B: 3540 SF Shop + 940 SF Office, Kitchen, and bath. 40' x 30' shop with Roll-up, 30' x 90' shop with Roll-up, 2 offices, lobby, kitchen and bathroom, Unit C - 350 SF Office with own door
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.
Great opportunity to own one of Northeast Ohio's most successful used auto parts and recycling businesses. Business includes 5 yards, most with railroad access, inventory, and all of the equipment and vehicles to keep this business profitable and growing. Call for details; do not approach business, customers, or employees.
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.
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!!!
Here is your opportunity to own and bring this mix-use space back to life. The upstairs offers two units and a storefront on the lower level. This property has its own parking as well.
Enter at your own risk! This brick structure with a second floor needs extensive repairs. Roof is collapsing in several areas. Adjacent lot is included in the sale. Desirable location close to Opportunity Corridor, Buckeye, Shaker Square, E. 55th Corridor.
Donna Trunko Cell: (440) 567-9024 Office: (440) 331-8500 Email
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