Cleveland OH Real Estate & Commercial for Sale

Wow, when opportunity knocks, go for it! A done for you, turn-key, beautifully renovated and versatile 3-unit property nestled in the heart of Tremont! Offering a unique opportunity for investors or owner-occupiers alike. This property seamlessly combines commercial and residential spaces, making it stand out in the market. Endless possibilities of immediate income with this timeless beauty and historic classic. Commerical space #1 is currently being occupied as a bright and inviting vintage items storefront with large windows, ideal for showcasing products and services. Commercial space #2 is currently being occupied by an Esthetician Beauty Shop that has been thoughtfully designed and crafted, creating a warm comfortable feeling. Residential space has been used as a short-term rental for traveling business professionals, generating great cash flow. Ample parking on street for customers! 1 parking garage space and additional parking lot for commercial space tenants. Whether you're looking to invest, run a business, or live in one unit while renting out the others, this property offers endless possibilities! Not to mention the close proximity of all the great restaurants, shops, bars, NFL stadium, Rock n Roll Hall of Fame, the Lake, highly rated medical services, freeways and much more. Truly a great opportunity, you'd be proud to own!

Location, location, location!! Take a look at this beautiful parcel of prime real estate located right in Duck Island, the heart of Tremont. This is one of the most sought after areas in all of North East Ohio. Whether you're an investor, developer, or simply someone looking to build their dream home within ten minutes of Downtown Cleveland, this should gain your interest. The skyline view is outstanding and sure to make whatever is built here, iconic. Seller is open to a creative deal. Contact for more details! ****Also note that seller will only sell with 2011 Abbey Ave, the parcel next door together**** Taxes will be paid in full at time of acquisition).

This historic landmark is home to Cleveland Rocks, the largest rock climbing facility in northeast Ohio. 2831 Franklin Blvd., located in the heart of Ohio City, is being offered at an 9% cap rate. This is based on the rock climbing business having a long term NNN lease at $22,000 per month and 2/3 of the remaining 9,000 SF being leased at $19.00 SF NNN. It has been explored to develop this space for a restaurant, yoga studio and co-working space.After a $200,000 investment to ready the 6,000 SF, the 9% cap rate is calculated as follows:($22,000 x 12 months) + (6,000 x $19.00) = ($378,000 / .09) = ($4,000,000 + $200,000)

7 unit apartment in two buildings. Recent interior modernizations and upgrades. Fully occupied with opportunityto raise rents to market rates. Newer roof on front building, All building painted and lead-safe. Upgrades includeLVT flooring, kitchen cabinets, appliances and bathrooms. Most mechanicals upgraded throughout the past few years. Huge up side on rent increases.

Great opportunity for apartment building or townhome development in Tremont. Land is vacant and cleared from previous multifamily dwelling, ready to build, all utilities available at street and zoned Local Retail Business District and Urban Form Overlay District. Spectacular downtown view. This corner lot with 0.13 acre and 125 foot depth that faces downtown allows for four or five townhomes to be built, all facing downtown. This view is guaranteed by a 60 foot height zoning and the lot sitting higher than the land across Parafine Ave. to the north. Four City parking spaces available directly across the street. Area is experiencing major residential and commercial development, including the adjacent Tremont Athletic Club and the Lincoln Apartments with retail across Willey Ave. Many new townhomes across Scranton Road have been built, some of which have sold for over $600,000. The location offers great proximity/walkability to well known restaurants, retail, art galleries, studios & night life. Easy access to Downtown, University Circle, Ohio City, Gordon Square, Duck Island and all highways.Adjacent property at 2318 Scranton Road is also available, but from a different owner.

Great west side location for auto mechanic shop (its usage since 1981), coffee shop, or any retail establishment. Excellent high traffic area in Tremont with on-site parking. 6900 sq. ft. parcel with 1182 sq. ft. retail. Exciting opportunity!