15557 Lake Shore BLVD, Cleveland, OH 44110
15557 Lake Shore BLVD, Cleveland, OH 44110
15557 Lake Shore BLVD, Cleveland, OH 44110
15557 Lake Shore BLVD, Cleveland, OH 44110
15557 Lake Shore BLVD, Cleveland, OH 44110
15557 Lake Shore BLVD, Cleveland, OH 44110
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Shawana Hanson

Shawana Hanson

+1(216) 971-3161
$ 399,900
Est. payment | /mo

6,429 Sqft Lot

Save
$ 399,900
Est. payment | /mo
Save

6,429 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Cody

MLS Listing ID 5217231

HOA Y/N No

Year Built 1900

Annual Tax Amount $6,701

Tax Year 2025

Lot Size 6,429 Sqft

Acres 0.1476

Property Sub-Type Retail

Property Description

FULLY OCCUPIED Spacious mixed-use investment opportunity offering strong cash flow and long-term upside. This well-maintained property features three residential units and two commercial storefronts, creating a diversified income stream for investors seeking stability and growth. The residential component includes two 2-bedroom units and one 1-bedroom unit, while the commercial spaces provide additional income from established tenants. With current rents generating over $54,000 in gross annual income and an estimated 9% cap rate at the asking price, this property presents an attractive opportunity for both seasoned investors and those looking to add a solid performing asset to their portfolio. The units have been well cared for, helping minimize immediate capital expenditures while providing reliable income from day one. Adding to its appeal, the property offers rear lake views, providing a unique feature rarely found in mixed-use properties and enhancing tenant appeal. Conveniently located near local amenities, shopping, dining, and major transportation routes, this property is positioned to continue attracting both residential and commercial tenants. Whether you're looking to expand your portfolio or secure a cash-flowing asset with a strong return, this mixed-use building deserves a closer look. SELLING AS-IS

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace No

Exterior

Water Access Desc Public

Roof Type Flat

Present Use Multi-Family,Retail

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 112-14-025

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Jermaine R Burge • Keller Williams Greater Metropolitan • jburge@kw.com, 216-215-5727

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

GET MORE INFORMATION

First Name*
Last Name*
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Real Brokerage, Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour this home!

15557 Lake Shore BLVD