Investment Multi-Unit (5-unit) Mix-use Neighborhood Retail/Apartments Property for Sale

455 200th Street Cleveland, OH 44119

FOR SALE
Property Type:
Street Retail
Amount:
$189,000
Last Verified:
Nov 22, 2020

Highlights

  • Income producing property with 3-Retail units/2-apartments units
  • Neighborhood retail and easy access to to SR 2
  • Close proximity to Lake Erie
  • Separate utilities for all units, laundry center, and large basement

Description

Walk-up retail building (3 units) with garden style apartments for sale. Each retail unit is approximately 600 SF. Each unit has own front entrance and retail storefront window. Current tenant mix consists of 2 vacancies and a nail salon. Large pull up parking suitable for retailers. Apartments access units along side street and have pull up parking as well with a nice garden style front entrance area. One and two bedroom units with a single bath in each. Kitchen and living room on the first floor with bedrooms on the second level. The building is constructed of decorative brick masonry with wood timbered framing. Flat roof with a newly installed gable roof along 200th Street. Signage is available for all retailer units. Full basement houses the utility connections (gas, electrical, water), furnaces, hot water tanks, laundry facility, and storage for all tenants. All units have separate electric and gas meters.

455 200th Street is located approximately 1 mile north of SR 2 (Lake Erie Shoreway) and 0.6 miles south of Lake Shore Boulevard. This property sits on the corner of 200th Street and Nicholas Avenue.


Year Built: 1952
Building Size: 3616.0sq ft
Lot Size: 0.15 acres

Map of 455 200th Street, Cleveland, OH, 44119

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