Commercial Real Estate for Sale at 5384 Saint Clair Avenue in Cleveland, OH for $890,000

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5384 Saint Clair Avenue | Cleveland

$890,000 | 0.0 Sq. Ft.

Fantastic Turnkey Property!!! This well cared for mixed use commercial property offers two very nice retail spaces on the street level: a Shoe Repair shop \u002B a fully operating Restaurant! Restaurant space can be used for anything; building will transfer with restaurant portion closing mid summer. The Landmark Restaurant has been a staple for the area for the last 20\u002B yrs! Buyer can continue this very profitable business OR Use the retail space for another business! Longstanding left retail unit tenant (Shoe Shop) staying! The upper level contains 3 tenant occupied apartments each w/ 2 bedrooms, 1 bull bath, kitchen/living room/dining room \u002B laundry area! Residential units are nicely renovated! Seller retiring! Bonus: Large 2nd parcel to the left of the building-rare for the area-that houses a large asphalt private parking lot for the entire building! 3 separate basements, all spaces are individually metered! Restaurant space offers full operating kitchen/public bathroom/restaurant/diner bar/full office w/ half bathroom/plenty of storage/walk in cooler\u002Bfreezer \u002B more! Brick Building! Updates include: Full concrete to back side of building, Fully done asphalt parking lot, Parking lot seal coat, Upper level Trexboard deck areas, LVT restaurant flooring, Roof over apartment 3, additional concrete back of bldg/95 ft concrete curb/drywell drainage for parking lot, island topsoil, 2 hot water tanks, Walk-in Cooler \u002B Freezer plus refrigerant/freezer service, ADT alarm system (that stays), 2 newer furnaces, updated restaurant office bathroom/office space and Full renovation to Apartment 3! Tenant and building info in supplements. Apartments and Shoe Shop alone bring in $26,400 rental income/year! Close to shopping, freeway access, seconds from downtown, seconds from Lake Erie access, parks, hospitals and more! Prime Location! This will not last long! MLSNow 5207699 Directions to property: On Saint Clair.

MLS Listing ID: 
MLSNow 5207699
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$890,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Retail
Primary Market Area: 
Cleveland
Address: 
5384 Saint Clair Avenue, Cleveland, OH 44103
County: 
Cuyahoga
Latitude: 
41.5215590
Longitude: 
-81.6528670
Directions: 
On Saint Clair.
Public Remarks: 
Fantastic Turnkey Property!!! This well cared for mixed use commercial property offers two very nice retail spaces on the street level: a Shoe Repair shop \u002B a fully operating Restaurant! Restaurant space can be used for anything; building will transfer with restaurant portion closing mid summer. The Landmark Restaurant has been a staple for the area for the last 20\u002B yrs! Buyer can continue this very profitable business OR Use the retail space for another business! Longstanding left retail unit tenant (Shoe Shop) staying! The upper level contains 3 tenant occupied apartments each w/ 2 bedrooms, 1 bull bath, kitchen/living room/dining room \u002B laundry area! Residential units are nicely renovated! Seller retiring! Bonus: Large 2nd parcel to the left of the building-rare for the area-that houses a large asphalt private parking lot for the entire building! 3 separate basements, all spaces are individually metered! Restaurant space offers full operating kitchen/public bathroom/restaurant/diner bar/full office w/ half bathroom/plenty of storage/walk in cooler\u002Bfreezer \u002B more! Brick Building! Updates include: Full concrete to back side of building, Fully done asphalt parking lot, Parking lot seal coat, Upper level Trexboard deck areas, LVT restaurant flooring, Roof over apartment 3, additional concrete back of bldg/95 ft concrete curb/drywell drainage for parking lot, island topsoil, 2 hot water tanks, Walk-in Cooler \u002B Freezer plus refrigerant/freezer service, ADT alarm system (that stays), 2 newer furnaces, updated restaurant office bathroom/office space and Full renovation to Apartment 3! Tenant and building info in supplements. Apartments and Shoe Shop alone bring in $26,400 rental income/year! Close to shopping, freeway access, seconds from downtown, seconds from Lake Erie access, parks, hospitals and more! Prime Location! This will not last long!
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Ranney \u0026 Herricks Allotment
Building Details
Details about the building on a property.
Year Built: 
1910
Living Area: 
0.0
Basement: 
Full,Partially Finished
Construction
Roof: 
Asbestos Shingle,Tar/Gravel
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Other
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.09
Lot Size (Area): 
0.09
Lot Features
Parking Type: 
Parking Lot
Total Parking Spaces: 
15
Fence: 
Chain Link
Public Record
Parcel Number: 
104-11-009
Annual Tax: 
$7,447.62
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Coldwell Banker Schmidt Realty

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