Listed by CBRE - Cleveland
$625,000
2 Story 4,988 SF Rare Ohio City Building For Sale!
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building, Restaurant
Square Footage 4,988
Occupancy 50%
Tenancy Multi
Year Built 1900
Year Renovated 2015
Acreage 0.121
Ground Lease No
Ownership Fee Simple
Price Reduced! Mixed Use Building - Ground Floor Retail Space & Apartment Above with Rear Parking!
Marketing description
Located within walking distance of Ohio City's iconic West 25th St.
- Rare 5,200 SF Building W/ Dedicated Parking For Sale in Ohio City!
- Ground floor retail space & a second floor 2-bedroom apartment (currently paying $2,000/mth)
- Parcel ID: 003-35-071
- Located within walking distance from Ohio City’s iconic W. 25th St., including entertainment concepts such as TownHall, Market Garden, Pin’s Mechanical, and INTRO, Cleveland’s #1 premier mixed-use project.
- Average household incomes of $101,764 within a 1-mile radius of site
- Ohio City has experienced strong residential growth with over 1,100+ new units, complemented by surround neighborhoods such as Tremont and Gordon Square accounting for an additional 1,950+ units in the past 5 years.
- Parking space is available on the rear portion of the parcel via Cyrano Court
- Traffic counts of 9,192 VPD (Source: ODOT TIMS)
Investment highlights
- Rare 5,200 SF Building W/ Dedicated Parking For Sale in Ohio City!
- Ground floor retail space & a second floor 2-bedroom apartment (currently paying $2,000/mth)
- Parcel ID: 003-35-071
- Located within walking distance from Ohio City’s iconic W. 25th St., including entertainment concepts such as TownHall, Market Garden, Pin’s Mechanical, and INTRO, Cleveland’s #1 premier mixed-use project.
- Average household incomes of $101,764 within a 1-mile radius of site
- Ohio City has experienced strong residential growth with over 1,100+ new units, complemented by surround neighborhoods such as Tremont and Gordon Square accounting for an additional 1,950+ units in the past 5 years.
- Parking space is available on the rear portion of the parcel via Cyrano Court
- Traffic counts of 9,192 VPD (Source: ODOT TIMS)
Listing Contacts
Listed by CBRE - Cleveland
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