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5243 Broadway Avenue

Cleveland, OH 44127
  • $149,900
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: 5027645
UPDATED: 101 min ago
$149,900
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Russell Real Estate Services.
Listing information © 2024 YES-MLS.

Description

Nestled next to the vibrant new "5115 The Rising" development by the NRP Group, this mixed-use gem boasts two spacious commercial storefronts paired with two apartments above, each spanning around 1200 sq feet, with 2-bedrooms and 1-bath each. Positioned in direct proximity to the Opportunity Corridor, the North Broadway location is PRIMED for future development. The entire building is currently vacant but is in good shape, with numerous updates completed, making it easy for a new owner to come in, finish and occupy the property. An additional bonus is that the property recently earned a lead certification from the City of Cleveland one less thing to think about! The property presents an enticing investment opportunity, projecting a proforma rent potential of $2700/month. Don't miss your chance to step into this prime piece of real estate ready to seize current and future opportunities!

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Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Kennen & Kennen Realtors are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-07-14T16:08:01.443.
www.kennenrealtors.com/homes/149489575
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5243 Broadway Avenue Cleveland, OH 44127

  • Price: $149,900
  • Status: Active
  • On Site: 85 Days
  • Updated: 101 min ago
  • MLS #: 5027645
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1910
Built
County:
Cuyahoga
Area:
Cleveland
School District:
Cleveland Municipal
Property Description
Nestled next to the vibrant new "5115 The Rising" development by the NRP Group, this mixed-use gem boasts two spacious commercial storefronts paired with two apartments above, each spanning around 1200 sq feet, with 2-bedrooms and 1-bath each. Positioned in direct proximity to the Opportunity Corridor, the North Broadway location is PRIMED for future development. The entire building is currently vacant but is in good shape, with numerous updates completed, making it easy for a new owner to come in, finish and occupy the property. An additional bonus is that the property recently earned a lead certification from the City of Cleveland one less thing to think about! The property presents an enticing investment opportunity, projecting a proforma rent potential of $2700/month. Don't miss your chance to step into this prime piece of real estate ready to seize current and future opportunities!
Exterior Features

Attached Garage YN No Levels Three Or More Roof Composition Flat Waterfront YN No

Interior Features

Basement Full Basement YN Yes Building Area Total 7230 Cooling None Cooling YN No Heating Forced Air Gas Radiators Heating YN Yes Main Level Bathrooms 0

Property Features

Association Fee2 0 Elementary School District Cleveland Municipal - 1809 Listing Terms Cash Conventional Item1031 Exchange Middle Or Junior School District Cleveland Municipal - 1809 Net Operating Income 0 Property Sub Type Mixed Use Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 1502 Township Cleveland Water Source Public

Listing information © 2024 YES-MLS.
Listing provided courtesy of Russell Real Estate Services: 440-526-9400.
Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Kennen & Kennen Realtors are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-07-14T16:08:01.443.
 
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Kennen & Kennen Realtors
2241 Chapline St.
Wheeling WV, 26003
Listing courtesy of Russell Real Estate Services.
Listing information © 2024 YES-MLS.