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15432 Lake Shore Blvd
Cleveland, OH 44110

$1,925,000 USD

Storefront Retail Residential For Sale  •  21,222 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 21,222 SF
  • Lot Size 0.22 AC
  • Building Class C
  • Year Built 1920
  • Cap Rate 7.85 %
  • Zoning LocRetBus, Cleveland
38 Transit Score
63 Walk Score

Highlights

This stunning 19-unit apartment building in a high-traffic area offers an incredible occupancy rate, and potential for increased income.
This retail /residential opportunity comes with current gross rent of $190,992.
The property is located near Cleveland Clinic, University Hospital, Euclid Hospital, Lake Erie parks, and public transit.

Property Flyers

Cap Rate: 7.85 %

Amenities

  • Corner Lot
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Cleveland Lakefront Station (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) 15 min - 8.5 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 33 min - 22.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 13
Type: Surface
Included in Rent: Yes
Nicholas Began 216-956-5969 Keller Williams
Nicholas Began 216-956-5969 Keller Williams