$60.79 Per Sq Foot $1,449 est/mo Sourced by Back At You

13030 Lorain Avenue,Cleveland, OH 44111

Cleveland OH, 44111

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Description

This exceptional commercial offering is located in the heart of Puritas Park, in Cleveland Ohio, and offers a unique opportunity to own a mixed-use property. The building features two ground-floor storefront units and four one-bedroom apartments on the upper floors all metered individually for gas and electric. The apartments are spacious, vacant, and ready to be renovated for short term rental or long term tenants. Tons of value-add opportunity. Potential monthly income of $6,400+ when renovated and fully occupied. The storefront units are currently vacant, but they would be ideal for a variety of businesses, such as a retail store, restaurant, or office. The building is located in a vibrant and walkable neighborhood, close to all of the amenities that Cleveland and Puritas Park has to offer. There are several restaurants, bars, and shops within walking distance, and the building is also within easy reach of public transportation. This is a rare opportunity to own a commercial building in a prime location. The property is in need of a full rehab. The left lower unit storefront has been white boxed and is nearly ready to rent. Seller finance will be considered for specific terms, contact agent for details.

Details

MLS#5053143
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1926
Days On Site8
Listing Provided ByRichfield Realty Group LLC | James Haddox

Features

SQ Feet4,440
BasementY
Story(s)2
Units2
Building(s)1
ZoningMulti-Family
Acreage0.09

Market Activity 44111

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Learn More About This Property

StateOH
CountyCuyahoga
CityCleveland
Zip Code44111
Community NameSettlement Prop Companys Lora
Listing VS Median (in Settlement Prop Companys Lora)
Price:
$269,900
low | high
Med:
$269,900
50% of Average
SqFt:
4,440
low | high
Med:
4,440
50% of Average
$ / SqFt:
$61
low | high
Med:
$61
50% of Average
On Site:
8
low | high
Med:
8.000000
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2024 at 11:16:12 PM PDT