5425 Fleet Avenue, Cleveland, OH 44105
sale
$280,000
|
Other
Courtesy Of Remax Beyond 2000 Realty
Excellent opportunity to acquire a versatile mixed-use property along Cleveland's Fleet Avenue corridor. This approximately 7,116-square-foot building features a substantial commercial footprint on the first floor (two possible units) with residential space above (two rented apartments currently @$800/mo), offering potential for an owner-user, investor, or entrepreneur with immediate income. The property established mixed-use configuration and LR zoning may accommodate a variety of potential uses, subject to verification by the buyer with the City of Cleveland. The property presents an opportunity to enhance its existing commercial and residential configuration and maximize its income-producing potential. The upper levels offer additional space that may provide future value through renovation, repositioning, or potential expansion of residential use, subject to all required approvals. The property is convenient with access to surrounding neighborhoods, major roadways, shopping, dining, and other amenities. The property is being sold as-is. Buyer and buyers agent are responsible for conducting independent due diligence regarding zoning, permitted uses, occupancy, building codes, permits, certificates of occupancy, and any required improvements or approvals. Taxes are accurate as per the county auditor's site.
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Property Features
- Age: Over 50 Years Old
- Heating System: Forced Air
- Legal Description: 316 STANLEY 0042 ALL
- MLSID: 5242264
- Roof Type: Asphalt
- Rooms: Basement
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