5007 Clark Avenue, Cleveland, OH 44102

$319,900
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New to the Market Active
MLS#5239176
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONJames Hoyts SCHOOLCleveland Municipal - 1809

Property Description

Income-producing Mixed-Use Investment opportunity at 5007 Clark ave in Cleveland OH 44102. Excellent opportunity to own a recently remodeled mixed -use property featuring two commercial store fronts and two residential apartments, providing multiple income streams from a single investment. The commercial spaces include a barbershop and clothing and jewelry store, while the two residential units offer additional rental income. The property has been thoughtfully updated and features newer finishes, stainless steel appliances, updated kitchens and modernized living spaces. All mechanicals and the roof are brand new! The combination of commercial and residential tenants creates an attractive setup for an investor looking for immediate income and long-term potential. The property currently generates $3,645 per month in rental income and $43,470 annually making this a strong opportunity for an investor seeking a diversified income producing asset. Located on Clark Avenue in Cleveland's Stockyards area the property offers convenient access to surroundings neighborhoods, major roadways, shopping, employment centers and downtown Cleveland. A unique opportunity to acquire a renovated mixed0-use property with commercial and residental income in Cleveland. Don't miss out on this opportunity!

5007 Clark Avenue | MLS# 5239176

This commercial property located at 5007 Clark Avenue, Cleveland, OH 44102 is currently listed for sale with an asking price of $319,900. Clark Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on joakleaf.dehoff.com today.

Property Features

Property Type: Commercial - Retail
Basement: Yes
Basement: Concrete
Cooling: Window Unit(s)
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt
Taxes: $3,471 / year
Year Built: 1910

Feature Descriptions

Days on Site: 2
Fencing: Wood
Parcel#: 016-11-048
Parking: Off Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Progressive Urban Real Estate Co
Agency Contact: danbcull@gmail.com, 216-218-4716

Shown By

Agent Name: Jory Oakleaf
Agent Phone: (330) 407-7322 Cell
Agency Title: DeHOFF REALTORS

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