Maple Heights Ohio Commercial Properties for Sale

Maple Heights Ohio Commercial Properties for Sale

$275,000
5028953 MLS
Ready to Shape Your Vision! Step into possibility with this remarkable property located on Broadway Ave, just moments away from I-480 and the bustling Broadway Auto Mile. This former post office, now a canvas for your dreams, awaits transformation into your ideal business haven. Uniquely positioned with a spacious open floor plan and soaring 15-foot ceilings, this building offers a blank canvas for your imagination. But that's not all – envision your vision taking shape effortlessly, as the property is primed for development. With old restrooms already demolished and all rough-in plumbing in place, your project gains a head start towards realization. To ensure easy maintenance of the ceiling and ceiling lights, scissor lift may stay with the property. Convenience meets practicality with a large parking lot to accommodate visitors, and a substantial 1188 sq ft covered loading dock, ensuring seamless operations. Moreover, accessibility is ensured with an ADA compliant entry, welcoming all guests inclusively. Embrace endless possibilities with General Commercial zoning, inviting a multitude of potential uses. Whether it's retail, office space, or a vibrant gathering spot, this space is ready to adapt to your vision. Moreover, the property boasts modern upgrades, including a newer roof with enhanced drainage system, superior insulation, long-term (till 2041) warranty and a state-of-the-art rooftop HVAC unit, promising efficiency and comfort. Seize the opportunity to bring your vision to life in a space that's primed for success. With old restrooms removed and plumbing rough-ins in place, the groundwork is laid – the rest is up to you. Don't wait – let your imagination soar and make this space your own!

16300 Broadway Avenue, Maple Heights

Listing Courtesy of: Svetlana A Stolyarova, Realty@Local-n-Global.com With Local-n-Global Realty

Selling Office: Non-Member.

$390,000
4504397 MLS
Opportunity to purchase a solid, occupied and cash flowing 7 unit property with huge upside! This brick apartment building is perfect for the new or savvy investor, as the property is currently occupied and well maintained while providing an investor with the opportunity to increase rental rates to market or take advantage of the competitive section 8 rates in the area. Already grossing $4,900 per month, a buyer can walk into consistent cash flow and cosmetically update the units over time to achieve rent premiums. On average, the current rates are $150+ under market rent in the area. On pro forma numbers, this property should easily gross over $6,200 per month! The property has a desirable unit mix of (3) one bed, one bath units and (4) two bed, one bath units. The units have been well maintained and updated as necessary when tenants turn over. The property also had a new flat roof done in 2016, all windows replaced with vinyl windows, has (7) covered garage spots (currently not being charged for), and (3) new hot water tanks recently installed. The parking lot will likely need to be resurfaced, but as a whole the property has been fantastically well maintained and looked after. Property also includes onsite laundry for tenants. Owner pays water/sewer, trash, common area electricity and gas for the hot water tank that's used for laundry. Tenants pay their owner gas and electricity.

15911 Maple Heights Boulevard, Maple Heights

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Russell Real Estate Services.

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Maple Heights Ohio Commercial Properties

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