University Heights OH Real Estate & Commercial for Sale

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.

PRIME LOCATION! Positioned on a high-traffic road, this establishment benefits from excellent visibility and accessibility. The surrounding area boasts a diverse demographic, ensuring a steady flow of potential customers and a great location for foot traffic. The current use is zoned restaurants/bars, but would be great for any other business as well including retail. If you are considering starting a new business or expanding on your current one this location is great for everyone!

This 8 unit apartment building consists of 6 two bedroom units, 1 one bedroom unit and 1 studio. All were remodeled in 2021 with updated kitchens, baths, floors and granite. Rentals gross aprox $8,000 a month and are below area rental market rate for the area. This Cleveland Heights property has access to shopping and all the area has to offer. Property is 100% occupied.

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!

Beautiful light filled storefront with a great mix of retail, office and warehouse space that would satisfy a wide range of small businesses. Currently used by a plumbing contractor the storefront acts as a customer greeting area and showroom. On one side there are offices, lunchroom and bathroom. Behind the offices there is a large L shaped storage area that wraps around with an entry to the showroom area, a door to the back parking area along with stairs to the basement that has ample room for more storage. The very back room is an attached garage area with a large overhead door to the back parking area perfect for deliveries. The location is a very nice shopping district just north of Monticello. Easy accessibility to I -90 to the north, Severance Town Center, University Circle and all of Heights communities.

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.

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!

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 .

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!!

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!!

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.

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

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.

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

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.

Outstanding cash, flowing six unit brick apartment building just one half mile from University Circle. Fully occupied, this building has four 2 bedroom units and two 1 bedroom units with basement storage for all occupants and tons of updates. All units have been remodeled within the past five years with several electrical, plumbing and mechanical updates throughout. The property has been granted an easement of exclusive use from the City of East Cleveland to the neighboring vacant lot. Can be used for parking or other enjoyment. Tremendous CAP rate with room to increase. Brochure in supplements. Won't Last!

Single-standing, commercial building available for sale. Perfect for a carry-out restaurant, beauty salon, small car lot, etc. Seller entertaining all reasonable offers!

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.

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!

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.

Excellent opportunity for an investor looking to purchase a two-story, 8,000+ sqft retail space on the Lee Rd. corridor in Cleveland. Property is vacant and needs rehab. Being sold as-is. Priced to sale, schedule your showing today.

15000 plus square foot building all one level Commercial building can be used for a multitude of things including retail or houses of worship