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5011 Clark Avenue, Cleveland, OH 44102

Sold: 202000
Sold on: Dec 3rd, 2024
Sold: 202000
Sold on: Dec 3rd, 2024
MLS#5070704
STATUSClosed PROPERTY TYPECommercial - Retail SUBDIVISIONClark Fulton SCHOOLCleveland Municipal - 1809


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!

Property Features

Basement: Yes
Cooling: Wall Unit(s)
Days on Market: 78
Heating: Baseboard, Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,821 / year
Year Built: 1890

Feature Descriptions

Building Features: Private Restrooms
Fencing: Chain Link, Privacy
Parcel#: 016-11-047
Parking: On Street
Parking Notes: On Street
Sewer: Public Sewer
Units: 3
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Sold By

agent picture

Listed By

Agency Name: Progressive Urban Real Estate Co
Agency Phone: (216) 619-9696 ext. 11
Agent Name: David Sharkey

Sold By

Agency Name: RE/MAX Haven Realty
Agency Phone: 440-519-3100
Agent Name: Michael Azzam

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