Remarks

This property in the Waterloo District of Cleveland offers a spacious and versatile commercial and residential mix, perfect for a variety of business and investment opportunities. Over 11,000 Square Feet of Commercial Space, 2 Store Fronts, 2 Three Bedroom and 1 Two Bedroom Apartments: The large, open layout provides immense potential for retail, office, or studio use. The expansive storefronts can easily be subdivided or remain as a large single space for larger enterprises. Large windows allow abundant natural light to pour in, creating a welcoming atmosphere and reducing energy costs. Convenient and ample rear parking ensures employees have easy access to the space. This property also includes 3 residential units, perfect for supplemental income or owner-occupancy. Two 3-Bedroom Apartments and One 2-Bedroom Apartment Ideal for smaller households or potential rental use. The current rents are well below market value, providing immediate opportunity to increase cash flow by bringing rents up to market levels This property presents a fantastic opportunity for investors or business owners looking to capitalize on the potential of a prime location, generous square footage, and the ability to generate income through below-market residential rents. The unique mix of commercial and residential space in the Waterloo District, coupled with the abundant parking and natural light, makes this a standout property. Property has been well maintained over the years.

Details

MLS#: 5087790
Price: $389,900

Style: Commercial
Sq Ft: 0
Year Built: 1920

County: Cuyahoga
Subdivision: Moses
Tax Fee: 8190

School District: Cleveland Municipal - 1809