11239 Superior AVE, Cleveland, OH 44106
11239 Superior AVE, Cleveland, OH 44106
11239 Superior AVE, Cleveland, OH 44106
11239 Superior AVE, Cleveland, OH 44106
11239 Superior AVE, Cleveland, OH 44106
11239 Superior AVE, Cleveland, OH 44106
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Shawana Hanson

Shawana Hanson

+1(216) 971-3161
$ 499,900
Est. payment | /mo

4,199 Sqft Lot

Save
$ 499,900
Est. payment | /mo
Save

4,199 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision A J Harahs

MLS Listing ID 5205197

HOA Y/N No

Year Built 1911

Annual Tax Amount $8,939

Tax Year 2025

Lot Size 4,199 Sqft

Acres 0.0964

Property Sub-Type Retail

Property Description

**Great mixed-use investment opportunity on Superior Ave! This prominent three-story brick building offers a versatile combination of two street-level retail/commercial spaces and five upper-level apartments, including two 3-bedroom units and three 2-bedroom units. Current projections show potential annual gross income of $74,376, with upside to approximately $95,232 after improvements, supporting projected cash-model ROI of 10.46% to 12.42% and leveraged ROI of 11.69% to 16.67%, based on seller-provided assumptions. The property features classic architectural details, tall ceilings, large windows, neutral interiors with white trim, and decorative fireplace mantels that add character throughout. The commercial spaces offer excellent renovation potential, with exposed brick, original pressed-tin ceilings, and open layouts ideal for a variety of business uses. Bring your vision and unlock the possibilities for income, business, or redevelopment upside. Commercial spaces and basement available for viewing. Buyer to verify all income, expenses, projections, and permitted uses.**

Location

State OH

County Cuyahoga

Interior

Heating Hot Water, Steam

Fireplace No

Exterior

Water Access Desc Public

Present Use Multi-Family,Mixed Use,Retail

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 109-24-016

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Seth B Task • Berkshire Hathaway HomeServices Professional Realty • Sethtask@taskteamcle.com

NEARBY SCHOOLS & PROPERTIES

Shawana Hanson

"Whether you're looking to purchase your first home, dream home, investment property, and/or sell your current home, I am committed to providing you with high-quality bespoke services."

+1(216) 971-3161

info@luxehauscle.com

1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States

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11239 Superior AVE