Homes for sale - 5011 Clark AVE, Cleveland, OH 44102

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Dennis Gonatas

dennis@homesbygonatas.com +1(330) 501-8300

$229,900

Est. payment - /mo

5,000 Sqft Lot

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UPDATED:

10/14/2024 07:33 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Subdivision Clark Fulton

MLS Listing ID 5070704

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1890

Annual Tax Amount $3,821

Tax Year 2023

Lot Size 5,000 Sqft

Acres 0.1148

Property Description

100% occupied mixed use building with a retail lease through October 2028, residential leases through September 2025 and a gross income of $36,600! Property consists of a storefront with two retail bays occupied by the same tenant, a small first floor two bedroom apartment down and a large two bedroom apartment up. The residential apartments have both been updated and have baseboard heating. There is a basement under the storefront with an updated full bath, storage and utilities. The building sits on a nice size lot offering outdoor space to tenants and the possibility of parking off the rear alley. This part of Clark Avenue has an active retail presence and seeing a major investment with a new Clark Elementary school just 2 blocks away. Easy access to downtown and University Circle via I-90, minutes to Ohio City, Tremont and Steelyard Commons by car or bike. Public transportation right outside the front door!

Location

State OH

County Cuyahoga

Interior

Heating Baseboard, Forced Air

Cooling Wall Unit(s)

Fireplace No

Exterior

Garage On Street

Fence Chain Link, Privacy

Waterfront No

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Residential,Retail

Parking Type On Street

Building

Story 2

Entry Level Two

Foundation Basement, Block

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Updated/Remodeled

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 016-11-047

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by David S Sharkey • Progressive Urban Real Estate Co • dsharkey@progressiveurban.com 216-533-1617

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Dennis Gonatas

+1(330) 501-8300

Principal Broker | BRKP.2023000272

Principal Broker BRKP.2023000272

5011 Clark AVE Cleveland, OH 44102

Dennis Gonatas

Dennis Gonatas

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5011 Clark AVE