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31283131
31283132

16342 Euclid Ave, East Cleveland, OH 44112 For Sale

GS
OH 2019007172
$2,500,000
116 days on market
Updated 116 days ago

Rated G Childcare & Enrichment Academy

Details
APN 673-14-002
Property Type Business for Sale
Sub Type Business Only
Square Footage 5,689
Net Rentable (SqFt) 5,688
Units 1
Cap Rate 10.72%
NOI $268,000
Occupancy 40%
Pro-Forma Cap Rate 10.72%
Pro-Forma NOI $268,000
Price per SqFt $439
Class C
Year Built 1950
Year Renovated 2021
Buildings 1
Stories 1
Lot Size (SqFt) 6,745
Parking Spaces 6 spaces
Parking per 1,000 SqFt 1.05
Investment Type Owner/User
Occupancy Date 03/25/2026
Ownership 100
Sale Condition For sale by owner

Turnkey, Fully Staffed, Silver Star Childcare Center for Sale

Marketing description

 Fully licensed Silver Star early-learning facility; turnkey operation with strong quality rating.

 5,688 SF single-story building configured for childcare use with efficient classroom flow and secure entry.

 Stable enrollment: 31 currently enrolled children.

 Experienced, fully qualified staff available to remain for seamless transition.

 Proven financials: Gross revenue $391,600; pro forma NOI $268,000.

 Ideal owner/user or investor opportunity in an undersupplied market for quality childcare.

 Attractive stabilized NOI supporting strong valuation and immediate cash flow.

 High-quality staffing continuity reduces transition risk and preserves program reputation.

 Silver Star designation strengthens competitive positioning and parent confidence.

 Close proximity to major corridors/public transit on Euclid Ave — convenient for drop-off/pick-up.

Fully functional kitchen with a Commercial FSO < 25000 sq. ft. - Risk Level III license

USDA certified CACFP (Child and Adult Care Food Program) Sponsor.

 Excellent upside: optimize enrollment to licensed capacity, expand hours/programs, or convert to a net-lease for passive income.

Investment highlights

Listing Contacts

GS
OH 2019007172

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$268,000.00
$22,333.33/mo

Valuation Metrics

0
DSCR
10.72%
Cap Rate
10.72%
ROI

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Additional Information

Name
Genita Smith
License
2019007172
Brokerage
Osceola Property Preservations
Brokerage Phone
614-505-5431
Title
Broker of Record
Brokerage Address
6605 Landshore St Suite 240 Dublin, Ohio 43017
Name
Genita Smith
License
2019007172
Brokerage
Osceola Property Preservations
Brokerage Phone
614-505-5431
Title
Broker / Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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