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Well maintained brick storefront with two newly updated walkup apartments. This is a great opportunity to buy into the up and coming Waterloo arts and entertainment district. Situated on a corner lot just a few blocks from Wildwood park and Lake Erie! The street level offers two storefronts that can be combined for larger commercial or retail businesses. Second floor boasts rooms with high ceilings, freshly painted walls and beautiful hardwood floors that were hand sanded and refinished in 2010. Third floor has a master bedroom that is nearly 600 square feel with 11 foot cathedral ceilings and two additional newly remodeled bedrooms. Roof was completely rebuilt and covered with dimensional shingles in 2007. 29 vinyl double pane windows were installed in 2010. New driveway and garage ready pad were poured in 2010. Fully fenced rear yard with stone lined perennial bed on three side. Easy freeway access with minutes to downtown Cleveland or University Circle.
***WAREHOUSE DISTRICT** Spectacular Turn Key Opportunity available in a beautifully maintained historic building in the Warehouse District Conveniently located between all of the major sports & entertainment venues. The property has a rare adult entertainment license combined with a D5 & D6 liquor license which enables carry out and Sunday liquor sales. In addition to the real estate, the property comes equipped with 3 bars, all chattels, including furniture, liquor, state of the art tech, lighting and sound equipment, kitchen equipment, stage & locker room. At 417, this property has the highest occupancy of any venue in the Warehouse District. The building also affords the opportunity to have a rooftop patio where smoking would be allowed. This is simply the best opportunity available in downtown entertainment in Cleveland
CASH FLOW! Gross rent $3600/mo for 7 units. 4 Apartments up (three 1-beds and one 2-bed) plus 2 store fronts (salon and convenience shop/bait store), plus free-standing block/brick storage garage (great for contractor or other business). 2 buildings on one parcel. $3600 gross rent - $1800 owner-paid expenses (tax, util, insurance)=$1800/month net for an 18% CAP rate at $120K purchase price. Well-maintained bldg.: vinyl siding and roof in '08, energy efficient boiler and furnace in '11, updated electrical. All apartments are nicely remodeled with vinyl & laminate flooring (no carpet), high ceilings with ceiling fans, some newer windows. Great location on a high-traffic street, near Metro Hospital. Owner-agent
Price Upon Req.2,680 SF
BUSINESS IN OPERATION: DO NOT DISTURB. DELIVERED VACANT. CONTACT BROKER FOR INFORMATION
Great opportunity on a corner lot in the Old Brooklyn neighborhood of Cleveland. This property consists of over 6,000 sf of retail or office space and was most recently operated as a dry cleaner. Roof and property need work but priced to sell. Subject to bankruptcy court approval and sold as-is.
For sale is the 100% fee-simple interest in a freestanding CVS Pharmacy building that is subleased to Family Dollar in South Euclid, Ohio. The tenant, Ohio CVS Stores LLC, is a wholly owned subsidiary of CVS Caremark Corp. (S&P BBB+, stable outlook) and has five years left on their initial lease term. The building is currently subleased to Family Dollar (S&P BBB-, stable), who took possession of the building on January 1, 2008, and continues to operate their store. This investment is being sold with an assumable, non-recourse, fully amortizing loan that will be paid off at the end of the CVS initial lease term allowing the purchaser to rapidly pay down principal over the remaining life of the loan.
FOR SALE - RESTAURANT/BAR PROPERTY 21750 LORAIN ROAD FAIRVIEW PARK, OH 44126 (REAL ESTATE ONLY - BUSINESS NOT INCLUDED IN SALE) PROPERTY
3 LEVEL BUILDING & ADJACENT PARKING LOT A u n iqu e op por t u n i t y to own a f r e e - s ta n d i n g 3 l e v e l b u i l d i n g wi t h a n at ta c h e d pa r k i n g lot i n t h e h e a r t of Down town Cl e v e l a n d 1222-1224 PROSPECT AVENUE CLEVELAND, OH 44115 3 LEVEL BUILDING & ADJACENT PARKING LOT A great opportunity for either an end-user buyer to occupy the property or as an investor, with income from the building, parking lot and billboard. Easily adaptable to a single tenant building or keep as multi-tenant building. Currently, the lower level is built out with a kitchen, bar, dance floor, VIP rooms and restrooms and the first floor at street level is an open bar area with a restroom. The second floor space is currently in shell condition, ready to be finsihed for a future tenant or end user' s needs. Located near Cleveland' s Theater and Horseshoe Casino District and in close proximity to Playhouse Square, the East 4th District, Progressive Field, Quicken Loans Arena and the Wolstein Center.
This listing is made up of 65,000 square feet of commercial showroom, warehouse, office and storage space, and 25,000 square feet of outdoor parking/ storage space. The properties are occupied by multiple tenants with a current yearly cash flow of 66,000.00 with 35,000 sq. ft. still available for lease. Property Taxes for all five parcels are 12,235.96. Parcel #1 is a beautiful historic three story reinforced concrete building containing 23,000 square ft. of space inluding 3,000 sq. ft. of remodeled offices at a cost of 175,000.00 which included new plumbing, electrical, HVAC and ADT fire and security system. There is a large double Inside truck dock and large Otis freight elevator. Highly visible roof signage. Parcel #2 is a 12,000 sq. ft. clear span bldg. with a large drive in door and outside parking. Parcel # 3 is 30,000 square ft. of drive in showroom, and warehouse space. There are three large drive in doors plus a large truck dock. Parcels #4 and #5 are adjoining parking/storage lots containing about 25,000 sq. ft. of area.