Commercial Real Estate for Sale at 5007 Clark Avenue in Cleveland, OH for $319,900

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5007 Clark Avenue | Cleveland

$319,900 | 0.0 Sq. Ft.

Income-producing Mixed-Use Investment opportunity at 5007 Clark ave in Cleveland OH 44102. \r\nExcellent opportunity to own a recently remodeled mixed -use property featuring two commercial store fronts and two residential apartments, providing multiple income streams from a single investment. The commercial spaces include a barbershop and clothing and jewelry store, while the two residential units offer additional rental income. The property has been thoughtfully updated and features newer finishes, stainless steel appliances, updated kitchens and modernized living spaces. All mechanicals and the roof are brand new! The combination of commercial and residential tenants creates an attractive setup for an investor looking for immediate income and long-term potential. The property currently generates $3,645 per month in rental income and $43,470 annually making this a strong opportunity for an investor seeking a diversified income producing asset. Located on Clark Avenue in Cleveland\u0027s Stockyards area the property offers convenient access to surroundings neighborhoods, major roadways, shopping, employment centers and downtown Cleveland. A unique opportunity to acquire a renovated mixed0-use property with commercial and residental income in Cleveland. Don\u0027t miss out on this opportunity! MLSNow 5239176 Directions to property: South of Lorain Ave

MLS Listing ID: 
MLSNow 5239176
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$319,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Mixed Use
Primary Market Area: 
Cleveland
Address: 
5007 Clark Avenue, Cleveland, OH 44102
County: 
Cuyahoga
Latitude: 
41.4694080
Longitude: 
-81.7214910
Directions: 
South of Lorain Ave
Public Remarks: 
Income-producing Mixed-Use Investment opportunity at 5007 Clark ave in Cleveland OH 44102. \r\nExcellent opportunity to own a recently remodeled mixed -use property featuring two commercial store fronts and two residential apartments, providing multiple income streams from a single investment. The commercial spaces include a barbershop and clothing and jewelry store, while the two residential units offer additional rental income. The property has been thoughtfully updated and features newer finishes, stainless steel appliances, updated kitchens and modernized living spaces. All mechanicals and the roof are brand new! The combination of commercial and residential tenants creates an attractive setup for an investor looking for immediate income and long-term potential. The property currently generates $3,645 per month in rental income and $43,470 annually making this a strong opportunity for an investor seeking a diversified income producing asset. Located on Clark Avenue in Cleveland\u0027s Stockyards area the property offers convenient access to surroundings neighborhoods, major roadways, shopping, employment centers and downtown Cleveland. A unique opportunity to acquire a renovated mixed0-use property with commercial and residental income in Cleveland. Don\u0027t miss out on this opportunity!
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
James Hoyts
Building Details
Details about the building on a property.
Year Built: 
1910
Living Area: 
0.0
Basement: 
Concrete
Construction
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Lot Features
Parking Type: 
Off Street
Total Parking Spaces: 
4
Fence: 
Wood
Public Record
Parcel Number: 
016-11-048
Annual Tax: 
$3,471.66
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Progressive Urban Real Estate Co

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