Average square foot calculated using Size range provided by listing agent.
Description
Prime mixed use commercial property in the heart of Cleveland Ok! Location, opportunity, and history all in one situated at the highly visible intersection of Broadway and Delaware. This iconic renovated building offers exceptional investment potential with multiple income streams. Spanning approximately 4400 sq ft on the ground level, this property features three commercial spaces and one residential unit. The ground floor commercial spaces are approx. 1400 sq ft, 700 sq ft, and 600 sq ft all remolded and ready to lease. Shared amenities include a common hallway with renovated men's and woman's restrooms a 500 sq ft conference room and mezzanine level housing, utilities with access to preserved original metal ceiling tiles. Recent upgrades and improvements include 4 new central HVAC systems plus a mini split for boardroom. Updated electrical and plumbing systems throughout, new roof, stucco, insulation, fixtures, flooring and appliances. The historic upper level is a blank canvas offering 4000-5000 st ft for future development. With the demand surging for residential units in Cleveland, this space is perfectly suited for 3-6 apartments, condominiums or a large penthouse suite. Includes potential roof access and impressive architectural elements such as original metal ceiling tiles. Key investments highlights include a prime location, income producing residential unit in place, fully renovated ground floor with multiple tenant ready spaces, high demand area for residential development and historic charm with modern infrastructure upgrades. Whether you're looking to owner occupy, lease out or develop the upper level for residential use, this one-of-a-kind property combines cash flow potential, long-term upside and irreplaceable character.Show Description
MLS® Number2532146
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1910
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatElectric, Gas, Multiple Heating Units
A/CThree Or More Units, Window Units
Heating Fuel
Extras
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