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About This Home
This 0-bedroom, 0-bathroom commercial at 5384 Saint Clair Avenue in Cleveland, OH is listed for $890,000. Built in 1910, on a 0.09 acres lot.
Fantastic Turnkey Property!!! This well cared for mixed use commercial property offers two very nice retail spaces on the street level: a Shoe Repair shop + a fully operating Restaurant! Restaurant space can be used for anything; building will transfer with restaurant portion closing mid summer.
The Landmark Restaurant has been a staple for the area for the last 20+ yrs! Buyer can continue this very profitable business OR Use the retail space for another business! Longstanding left retail unit tenant (Shoe Shop) staying! The upper level contains 3 tenant occupied apartments each w/ 2 bedrooms, 1 bull bath, kitchen/living room/dining room + laundry area!
Residential units are nicely renovated! Seller retiring! Bonus: Large 2nd parcel to the left of the building-rare for the area-that houses a large asphalt private parking lot for the entire building! 3 separate basements, all spaces are individually metered!
Restaurant space offers full operating kitchen/public bathroom/restaurant/diner bar/full office w/ half bathroom/plenty of storage/walk in cooler+freezer + more! Brick Building! Updates include: Full concrete to back side of building, Fully done asphalt parking lot, Parking lot seal coat, Upper level Trexboard deck areas, LVT restaurant flooring, R
oof over apartment 3, additional concrete back of bldg/95 ft concrete curb/drywell drainage for parking lot, island topsoil, 2 hot water tanks, Walk-in Cooler + Freezer plus refrigerant/freezer service, ADT alarm system (that stays), 2 newer furnaces, updated restaurant office bathroom/office space and Full renovation to Apartment 3!
Tenant and building info in supplements. Apartments and Shoe Shop alone bring in $26,400 rental income/year! Close to shopping, freeway access, seconds from downtown, seconds from Lake Erie access, parks, hospitals and more! Prime Location! This will not last long!
Key Features
- Built in 1910
- 0.09 acre lot
- 15 parking spaces
Property Details
Monthly Cost Estimate
$4,760/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5384 Saint Clair Avenue
Cleveland, OH 44103
Ranney & Herricks Allotment
Property Details
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 5384 Saint Clair Avenue is listed at $890,000. The estimated monthly payment is $3,857 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.09 acre lot, 15 parking spaces.
This property is listed by Leilani M Bowersock and can be reached at 4405709514 or leilani7b@gmail.com.
