Property Description
Investment Opportunity ? Historic Downtown Cleveland Building
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.
Property Features
Property Type: Commercial - Office
Basement: Yes
Cooling: Central Air
Days on Market: 5
Heating: Forced Air, Gas
Lot Size: 0.35 Acres
Taxes: $12,000 / year
Year Built: 1880
Feature Descriptions
Building Features: Loading Dock, Meeting Room(s)
Parcel#: 102-19-007
Parking: Parking Lot, Parking Pad, Private
Security: Security System
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
3348 St Clair Avenue NE | MLS# 5216109
This commercial property located at 3348 St Clair Avenue NE, Cleveland, OH 44114 is currently listed for sale with an asking price of $1,100,000. St Clair Avenue NE is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.