43
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$389,900
Est. payment /mo
0.47 Acres Lot
Pending
15303 Waterloo RD Cleveland, OH 44110
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UPDATED:
12/18/2024 03:59 PM
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
Listed by Robert J Cole Sr. • RE/MAX Above & Beyond • robwithremax@gmail.com 440-241-5221
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