44109 Ohio Commercial Properties for Sale

44109 Ohio Commercial Properties for Sale

$225,000
5235469 MLS
Value-add mixed-use opportunity offered at just $225,000 with an estimated stabilized value of approximately $360,000. This fully vacant property features four income-producing spaces, including a 4-bedroom apartment, 2-bedroom apartment, storefront, and warehouse/storage space, estimated at $3900/mo total. Beyond rental income, the property’s utility configuration presents an opportunity to implement a RUBS reimbursement program, potentially shifting all utility costs back to tenants. This creates another avenue to improve NOI without significant capital investment. Major systems anre in great shape including a newer roof (-10yr) , vinyl windows, hot water tanks (-5yr) , and a newer Trane furnace, allowing buyers to focus on stabilization rather than major mechanical replacements. The asking price projects a 12.07% cap rate or a $350,000 ARV at an 8% cap rate. Located in Cleveland’s growing Old Brooklyn neighborhood, the property benefits from strong rental demand, ongoing redevelopment along the Pearl Road corridor, and close proximity to MetroHealth Medical Center, Downtown Cleveland, I-71, I-480, Cleveland Metroparks Zoo, and the Towpath Trail. Renovated apartments in the area continue to command premium rents, making this an excellent opportunity to create equity while generating strong cash flow. Schedule your private showing today.

4439 State Road, Cleveland

Listing Courtesy of: Erin Thomas, Erinthomas@kwcommercial.com With Keller Williams Living

$799,999
5225430 MLS
Exceptional opportunity to acquire a very well-maintained and sought after 11-unit multifamily property in Cleveland's growing rental market. Located at 2115 Silverdale Avenue, Cleveland, OH 44109, this asset features an attractive unit mix of 8 studio apartments and 3 one-bedroom, one-bathroom units, offering strong occupancy and rental income. The property has benefited from extensive capital improvements over the past several years, allowing a new owner to enjoy immediate cash flow while still capturing meaningful upside. Residents appreciate on-site parking, basement laundry facilities, and numerous interior updates throughout the building. The property has benefited from substantial capital improvements, including Lead-Safe Certification, a repaved parking lot, a high-efficiency 120-gallon water heater, a security camera surveillance system, a rebuilt boiler system with updated plumbing, double-pane replacement windows installed approximately five years ago, a new commercial-grade washer, electric water heaters, and upgraded exterior parking lot lighting. These improvements help minimize deferred maintenance while enhancing the property's long-term operational efficiency and appeal. Whether you're looking to expand your multifamily portfolio or acquire a stabilized asset with value-add potential, 2115 Silverdale Avenue offers an attractive combination of immediate income, proven capital improvements, and long-term upside in one of Cleveland's established rental corridors. Offering memorandum available upon request.

2115 Silverdale Avenue, Cleveland

Listing Courtesy of: Antonio Biasiotta, AntonioB@KW.com With Keller Williams Elevate

$289,900
5196878 MLS
Welcome to Old Brooklyn one of Cleveland’s most established and steadily revitalizing neighborhoods. AMAZING OPPORTUNITY!!! Calling all SAVVY INVESTORS, BARBERS, BEAUTICIANS, and ENTREPRENEURS!!! This is your chance to acquire two turnkey, income-producing businesses in a prime, high-demand location. This approximately 4,000+ sq/ft all brick retail building is a standout asset, currently fully occupied by a barbershop and beauty salon, offering immediate cash flow. The property has been well maintained and features a newer roof, updated concrete driveway, two newer furnaces, and updated electrical and plumbing systems providing peace of mind for any investor. The barbershop is fully built out with 5+ stations, a breakroom, full bathroom, large storage area, and access to a full basement perfect for expansion or additional use. The beauty salon is occupied by a long term tenant and includes 4+ stations, two loft-style areas, wash bowls, dryer chairs, and a complete setup ready for continued operation. Location is everything and this property delivers. Conveniently situated near major highways including Interstate 480 and Interstate 71, providing quick access to Downtown Cleveland, Cleveland Hopkins International Airport, and surrounding suburbs. The area benefits from strong daily traffic counts, excellent visibility, and proximity to neighborhood staples like retail corridors, restaurants, parks, and local businesses that continue to drive consistent foot traffic. Additional highlights include ample rear parking plus abundant street parking, making it easy for both tenants and customers. The property is being sold AS IS, including all equipment, TVs, and existing amenities making this a true plug-and-play investment. THIS IS A MUST SEE! Opportunities like this cash-flowing, turnkey, and well-located don’t last long. Schedule your private showing today!!!

4491-4493 Pearl Road, Cleveland

Listing Courtesy of: Jermaine N Brooks, jermainebrooks@kw.com With Keller Williams Greater Metropolitan

$335,000
5187122 MLS
Exceptional opportunity to own a fully renovated freestanding commercial building in a high-visibility location at a major intersection on Pearl Road in Parma. This property has undergone a complete gut renovation with over $175,000 invested since 2023, offering a turnkey space ready for your business. All plumbing and electrical have been redone, and HVAC ductwork has been added throughout the building. The flat roof was serviced in 2022. The building is fully permitted with the City of Parma, and blueprints and permits from the previous business are available for review. Inside, the space features an open, modern layout with newer windows, updated finishes, and flexible configurations ideal for retail, office, studio, or service-based businesses. The upstairs office/flex area includes two full bathrooms, a newer washer and dryer (2023), and a refrigerator in the office space (2023), providing additional convenience and versatility. Security is already in place with eight functional cameras (3 interior, 5 exterior) and an ADT system ready for activation. A 220-volt electrical line has been installed at the rear of the building, ideal for electric vehicle charging capability. One of the standout features is the resurfaced 10-space private parking lot (2022)—a rare and valuable asset for commercial properties in this area. Two new commercial entry doors at the front and rear enhance accessibility. Situated in a prime location with strong car and foot traffic, this updated commercial building combines visibility, modern improvements, and parking—making it a smart investment or owner-occupant opportunity.

5393 Pearl Road, Parma

Listing Courtesy of: Brett Munich, brett@impactsellshomes.com With Keller Williams Greater Metropolitan

$305,000
5186204 MLS
If you’ve been looking for a turnkey income-generator and a smart small-business play in one tidy package—this one might just be it. Set on a tree-lined block in Cleveland’s Clark-Fulton neighborhood, this 2,200+ square foot mixed-use property pairs real cash flow with exciting flexibility. Upstairs is a tenant-occupied 2-bedroom apartment with consistent income secured through July 2026. Downstairs? You’re looking at a fully white-boxed commercial space with front and rear entry, its own bathroom, and a full basement below—ready to store inventory, tools, or whatever your future business dreams require. Maybe you’ve always wanted to open a barbershop. Or a coffee nook. Or that perfect retro-feel diner you’ve been sketching on napkins for years. This is the canvas for it. With more than 1,124 square feet of ground-level space, this corner-lot property invites creativity. The virtual staging we’ve included hints at just how polished and functional it could be—and that’s before a single espresso shot’s been pulled or a single client has sat in your chair. The zoning here allows for both commercial and residential use, and the building’s layout makes transitions simple. Want to host a retail concept with a live-in component upstairs? Done. Want to run your business and rent the apartment for passive income? Also done. And then there’s the neighborhood. Clark-Fulton is one of Cleveland’s fastest-evolving districts, full of authentic food, culture, and small businesses with soul. You’re just blocks from MetroHealth’s main campus—making this a strategic choice for service-oriented storefronts. With development on the rise and city investment pouring in, the area’s momentum only adds to this property’s long-term upside. The upstairs unit is stable and occupied, meaning you’ve got cash flow from day one. And because the commercial space has been cleared and refreshed, there’s no guesswork—just design and buildout tailored to your business plan.

3471 W 41st Street, Cleveland

Listing Courtesy of: Rich Ganim, rich@theganimgroup.com With Real of Ohio

$125,000
5185011 MLS
Located in the highly desirable Old Brooklyn neighborhood, this two-unit mixed-use property offers strong cash flow with tenants paying all utilities, including water, sewer, and trash. The upper residential unit features a studio and a 2 bedrooms, one full bath, full attic access, and new flooring throughout, and was recently rented at $950 a month and will be vacant at closing. (The lower tenant has a friend interested in leasing this space) The lower commercial unit includes a half bath and private access to the basement and is occupied at $700 per month on a month-to-month lease by a long-term tenant of approximately two years who uses the space for music practice and storage and would like to remain. Market rents for both units exceed $1,200 per month, providing clear upside. Owner expenses are minimal with approximately $95 per month in insurance and $260 per month in taxes, and the property is currently self-managed. The roof is approximately four years old, the hot water tank was replaced in 2023, and the electric was updated about two years ago. Conveniently located near MetroHealth Hospital, Cleveland Zoo, Ridge Park Square, and major commuter routes, this property is easy to rent and produces a current cap rate over 8 percent with a pro forma cap rate exceeding 10 percent after factoring in maintenance and management. Financials and proforma attached. No seller financing.

4435 State Road, Cleveland

Listing Courtesy of: Erin Thomas, Erinthomas@kwcommercial.com With Keller Williams Living

Selling Office: Keller Williams Living.

$195,000
5128108 MLS
Amazing ALL-Brick Building with Two (2) Fabulous Store-Fronts in remarkable Move-In Ready condition! Then enjoy having Two (2) Ready-to-Lease Generous Apartments upstairs! New Walls! Amazing New Floors on BOTH Levels! Like you're walking into a New Building! Vinyl Windows! Updated Baths and Kitchens! Newer Roof! EZ Access Full Lower Level with plenty of Storage! An Investors Dream! Like someone else did all the Heavy Lifting!!! You will need to bring Appliances to each upstairs unit! No ugly tenants to remove... No ugly storefronts or apartments to renovate! Vacant and Ready to start New! This Building is available ONLY with the purchase of the Fully-Renovated and Move-In Ready Single Family Home next door. The two (2) properties share one common concrete driveway that give access to a fenced, open and generous back lot for each parcel! Current owner Custom-Built his own Shed to help maintain these to amazing properties. Truly a Rare Opportunity to find a Value like this AND to have it in such Amazing Condition! Projected Rent are estimated at: Storefront #1 @ $850/mo, Storefront # 2 @ $650/mo, Suite #1 @ $900 and Suite #2 @ $850/mo. for an estimated total of $3,250/month! When including the Home Next door (3817 Denison Ave.), ADD another $900/mo for an estimated total from both properties @ $4,150/month!!! Call today! It is SO EZ2C!!!

3811 Denison Avenue, Cleveland

Listing Courtesy of: Tony Apotsos, tony@realtyforme.com With NextHome Experts

Selling Office: Non-Member.

$130,000
5105415 MLS
Experience the charm of Old Brooklyn—a Cleveland neighborhood enjoying a vibrant resurgence of small business retailers. Known for its affordable housing, picturesque tree-lined streets, and unbeatable accessibility to downtown Cleveland, this area is thriving once again. Available now, this historic property—previously home to Della’s House of Beauty for decades—is ready for its next chapter. Each storefront is approximately 1,000-square-feet, each unit boasts high ceilings, central air, private bathrooms, kitchenettes, and full basements. One unit has even been beautifully renovated, offering a turnkey opportunity. Nestled in the established South Hills neighborhood, this prime location is mere minutes from local hubs like Downtown Old Brooklyn and Brooklyn Center (both just five minutes away) and equally close to major shopping centers such as Steelyard Commons and Ridge Park Square—each just a 10-minute drive. Enhance the property’s appeal even further with support from the City’s Storefront Renovation Program, which offers resources, technical assistance, and funding for exterior upgrades and signage. Increase visibility, attract thriving tenants, and elevate this high-traffic gem to its fullest potential. Seize this value-add investment opportunity today and build a legacy in one of Cleveland’s most dynamic neighborhoods.

2016-2020 W Schaaf Road, Cleveland

Listing Courtesy of: Joann Musbach, joann.musbach@theagencyre.com With The Agency Cleveland Northcoast

Selling Office: EXP Realty, LLC..

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44109 Ohio Commercial Properties

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