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$ 275,000
Est. payment | /mo
6,499 Sqft Lot
$ 275,000
Est. payment | /mo
6,499 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Gardner Heights Sub 1
MLS Listing ID 5047022
HOA Y/N No
Year Built 1952
Annual Tax Amount $5,493
Tax Year 2023
Lot Size 6,499 Sqft
Acres 0.1492
Property Description
Cash flowing mixed-use property with 5 units that includes 2 garden-style apartments and 1 mixed-use (commercial or residential). Tenant mix includes a nail salon. Retail units are approximately 600 sq ft each with each having a front entrance. One apartment is a 2 bedroom and one is a 1 bedroom. The apartments with access along Nicholas Ave feature brick, garden-style front entrances that have been updated. The updated town-house style units feature a kitchen and living on the 1st Floor and bedrooms and a bathroom on the 2nd floor. The parking lot was recently re-done with 9 spaces which allows for both pull-up parking suitable for retailers and private parking for tenants. The building is constructed of decorative brick masonry with a three-dimensional single roof. A large full basement houses all tenants' utility connections. All units run separate electric and gas meters, furnace, hot water tanks, extra storage space for tenants and a private laundry facility for residential tenants. Close proximity to Lake Erie, Cleveland Clinic, Schools and Shore Cultural Center just to name a few attractions in the area.
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement, Full
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Garage Asphalt, Common, On Site, Paved, On Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Present Use Mixed Use
Parking Type Asphalt, Common, On Site, Paved, On Street
Total Parking Spaces 9
Building
Story 1
Sewer Public Sewer
Water Public
Schools
School District Euclid Csd - 1813
Others
Tax ID 641-16-015
Special Listing Condition Standard
Listed by Ari Dori • Acacia Realty, LLC. • 216-650-2038 globalstrategies@hotmail.com
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Kim Merckle
REALTOR® | Lic# 2001015588