44102 Ohio Commercial Properties for Sale

44102 Ohio Commercial Properties for Sale

$150,000
5232832 MLS
Outstanding commercial opportunity in a prime West Side location! Situated on a high-traffic, high-visibility street w/easy access to major highways, versatile commercial building offers exceptional exposure & endless possibilities for an owner-user or investor. Currently owner-occupied as a sports training center, property was successfully operated as a laundromat for more than 40 years, demonstrating its long history as a productive commercial location. Building features a large open floor plan that can easily accommodate a variety of retail, office, service, fitness, medical, or specialty business uses. Customers and employees will appreciate the ample parking available both in front of and behind the building. The parking lot was resurfaced approximately in 2013, many additional improvements completed in 2013 & 2014, including the roof w/updated roof drains. Current owner has continued investing in the property w/newer furnace/heating system & hot water tank, making this a well-maintained commercial asset. Included in the sale is an additional residential lot, providing added value and future potential. Buyers may wish to explore possible rezoning or alternative uses, subject to municipal approval. Property will be delivered vacant at closing, allowing the new owner to immediately occupy or lease the space. Outstanding opportunity to establish your business or expand your investment portfolio in a highly desirable commercial corridor. Proof of funds or a lender pre-approval letter is required prior to all showings. No owner financing is available. Please provide 24-hour notice for all showings, do not disturb the current business or its operations.

6808 Clark Avenue, Cleveland

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

$2,625,000
5089683 MLS
This exceptional 22 investment property package offers an incredible opportunity to capitalize on Cleveland's resurgence. Nestled in the vibrant Near West Side, this portfolio boasts a diverse mix of well-maintained homes, providing stable income and significant upside potential. Why Cleveland? • Affordable Investment: Cleveland offers competitive property values compared to other major cities, making it an attractive market for investors.   • Resurgent City: Cleveland is experiencing a revitalization with a thriving arts scene, world-class museums, and a growing culinary scene.   • Strong Rental Demand: A growing population and job market drive consistent demand for quality rental housing. • Diverse Property Mix: This package includes a variety of property types to suit your investment strategy. Key Features: • 35 Total Units: A substantial portfolio to generate significant rental income. • Prime Location: Situated in the desirable Near West Side, close to amenities and transportation. • Well-Maintained Properties: The units are in good condition, minimizing maintenance costs. • Stable Tenancy: Many long-term tenants ensure reliable cash flow.   • Upside Potential: Opportunities for value-add renovations and increased rental rates. CAP RATE – 8.55% Current NOI with anticipated 2024 pay in 2025 property taxes - $236,441.52 Multiple units have extremely low rents, with increased rents, and a management agency, the Cap Rate has a potential of 11.32%. After Repair Value - $3,854,030 Don't miss this chance to invest in Cleveland's exciting future. Contact me today to learn more about this exceptional investment opportunity. Portfolio consists of 14 Single Family homes, 5 Duplexes, 1 Triplex, and 2 Fourplexes. Do not disturb tenants, do not walk properties. Inspections upon accepted offer only! Find the video w/ aerials online, or ask your agent for a link.

3584 W 46th Street, Cleveland

Listing Courtesy of: Linas K Muliolis, linas@clevelandhousingmarket.com With Century 21 Homestar

Selling Office: Home Equity Realty Group.

$260,000
5020171 MLS
Welcome to your next investment opportunity, nestled in the heart of Cleveland's west side, presenting a meticulously maintained 6-unit brick apartment building boasting six charming studio apartments. With a steady cash flow and a roster of trouble-free tenants, this property promises a hassle-free ownership experience for the discerning investor. Property Highlights: Prime Location: This property enjoys proximity to major amenities, including shopping centers, dining establishments, parks, and public transportation hubs, ensuring convenience for tenants. Solid Brick Construction: Built to last, the enduring brick exterior of the building not only adds to its aesthetic appeal but also ensures durability and minimal maintenance requirements. Profitable Investment: Each of the six studio apartments is currently occupied by reliable tenants, generating consistent rental income. This established cash flow stream presents an attractive investment opportunity with immediate returns. Low Vacancy Rate: With a history of stable occupancy and satisfied tenants, vacancies are rare, providing a reliable income stream and reducing turnover costs. Professional Management: Currently under professional management, this property offers the convenience of hands-off ownership, allowing investors to enjoy passive income without the burden of day-to-day management tasks. Investment Opportunity: This turnkey property presents an ideal opportunity for seasoned investors seeking to expand their portfolio or for newcomers looking to enter the lucrative world of real estate investment. With its attractive cash flow, low maintenance requirements, and reliable tenant base, this property offers both immediate returns and long-term appreciation potential. Don't miss out on this rare opportunity to acquire a fully occupied, cash-flowing asset in a sought-after location. Schedule your viewing today and secure your future in real estate investment.

2087 W 98th Street, Cleveland

Listing Courtesy of: Art Obleton, artobletonjr@gmail.com With EXP Realty, LLC.

Selling Office: RE/MAX Above & Beyond.

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44102 Ohio Commercial Properties

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