Listed by Robert J Cole Sr. of RE/MAX Above & Beyond (robwithremax@gmail.com 440-241-5221)
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.

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Based on information submitted to MLS Now as of December 3, 2024 11:32 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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