Commercial Real Estate for Sale at 5425 Fleet Avenue in Cleveland, OH for $280,000

5425 Fleet Avenue | Cleveland

Excellent opportunity to acquire a versatile mixed-use property along Cleveland\u0027s 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.\r\nThe 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.\r\nThe 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\u0027s site. MLSNow 5242264 Directions to property: Get on I-77 South from downtown (e.g., via Ontario St or Orange Ave).Follow I-77 South for a few minutes.T ake Exit 160 for Fleet Ave / Harvard Ave.T urn left onto Fleet Ave (heading east).Continue straight on Fleet Ave past E 49th St. Destination: 5425 Fleet Ave will be on your left, just past E 54th St.