Listed by Cushman & Wakefield CRESCO Real Estate
Unpriced
2175 W 11th St
Details
Property Type Retail, Mixed Use
Sub Type Storefront, Commercial
Square Footage 9,000
Units 8
NOI $113,000
Year Built 1900s
Year Renovated 2020
Stories 2
Parking Spaces 6 spaces
Parking Per SqFt 0.67
Retail | 9,000 SqFt
Marketing description
Located in Tremont, this mixed-use opportunity is 9,000 SF with seven (7) apartment units and one (1) retail store front. This property was originally built in the early 1900s and has undergone several renovations to maintain its historical charm while offering modern amenities. The apartment aspect of the building is currently fully leased to several long-term tenants, providing steady cash flow. The first floor store front is 3,200 SF.
The neighborhood of Tremont is a historic district in Cleveland that is popular for its cultural diversity, arts and entertainment, and historic architecture. It is home to numerous restaurants, bars, art galleries, and boutiques, attracting both locals and tourists. The area has undergone significant revitalization in recent years, with new developments and investments driving economic growth.
Tremont’s central location and easy access to public transportation make it a convenient location for residents and businesses. The neighborhood is situated within minutes of downtown Cleveland, providing easy access to major employers, attractions, and amenities. Tremont is also home to several parks, including Lincoln Park and Clark Field, offering residents and visitors ample opportunities for outdoor recreation.
Investment highlights
- Located in the heart of Tremont on the corner of W 11th and Fairfield Ave
- First floor store front with outdoor patio area
- 100% occupied apartment living units
- New windows on the east, west, and south elevations
- New HVAC in a handful of units and AC available in all units
- Unit Upgrades: new appliances, LVT, tile shower/bath, stone countertops
- 2024 Projected NOI: $113,000
- Sale Price: Contact Brokers
Listing Contacts
Listed by Cushman & Wakefield CRESCO Real Estate
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$113,000.00
$9,416.67/mo
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Zoning
LR-D2 CommercialRetail CommercialLocal Retail Business
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View all 113 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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