0.35 Acres Lot
0.35 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5216109
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1880
Annual Tax Amount $12,000
Tax Year 2025
Lot Size 0.346 Acres
Acres 0.346
Property Sub-Type Office
Property Description
Rare opportunity to own an impressive fully remodeled historic building offering nearly 11,000 sq. ft. in a prime downtown Cleveland location. This income-producing property features its own private parking lot, a valuable amenity for tenants and visitors alike. Currently generating approximately $6,000 per month in rental income, with an additional vacant unit offering the potential to increase income to approximately $7,600 per month. With further leasing and optimization, the property presents a potential income opportunity approaching $10,000 per month. A perfect opportunity for investors seeking strong cash flow, owner-users looking to offset occupancy costs, or those wanting to add a landmark property to their portfolio. Prime location, updated condition, multiple income streams, and significant upside potential make this a standout offering.Schedule your private showing today and explore the possibilities this exceptional downtown asset has to offer.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Lot, Parking Pad, Private
Water Access Desc Public
Present Use Office
Building
Foundation Basement
Sewer Public Sewer
Water Public
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 102-19-007
Security Features Security System
Special Listing Condition Real Estate Owned
NEARBY SCHOOLS & PROPERTIES
"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."
1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States