15303 Waterloo RD Pending

Cleveland,OH 44110

$ 389900

- Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Subdivision Moses

MLS Listing ID 5087790

HOA Y/N No

Year Built 1920

Annual Tax Amount $8,190

Tax Year 2023

Lot Size 0.473 Acres

Acres 0.4731

Property Description

This property in the Waterloo District of Cleveland offers a spacious and versatile commercial and residential mix, perfect for a variety of business and investment opportunities. Over 11,000 Square Feet of Commercial Space, 2 Store Fronts, 2 Three Bedroom and 1 Two Bedroom Apartments: The large, open layout provides immense potential for retail, office, or studio use. The expansive storefronts can easily be subdivided or remain as a large single space for larger enterprises. Large windows allow abundant natural light to pour in, creating a welcoming atmosphere and reducing energy costs. Convenient and ample rear parking ensures employees have easy access to the space. This property also includes 3 residential units, perfect for supplemental income or owner-occupancy. Two 3-Bedroom Apartments and One 2-Bedroom Apartment Ideal for smaller households or potential rental use. The current rents are well below market value, providing immediate opportunity to increase cash flow by bringing rents up to market levels This property presents a fantastic opportunity for investors or business owners looking to capitalize on the potential of a prime location, generous square footage, and the ability to generate income through below-market residential rents. The unique mix of commercial and residential space in the Waterloo District, coupled with the abundant parking and natural light, makes this a standout property. Property has been well maintained over the years.

Location

State OH

County Cuyahoga

Interior

Heating Forced Air

Fireplace No

Exterior

Water Access Desc Public

Present Use Commercial,Mixed Use

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 112-17-024

Acceptable Financing Cash,Conventional,1031 Exchange,Private Financing Available

Listing Terms Cash,Conventional,1031 Exchange,Private Financing Available

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