4755 Pearl Road, Cleveland, OH 44109
- $500,000
- 23,046
- SqFt
- Sold Price
- $500,000
- List Price
- $560,000
- Status
- CLOSED
- Days on Market
- 260
- Closing Date
- Apr 26, 2024
- MLS#
- 4481450
- Subtype
- Commercial Sale
- Year Built
- 1956
- Living Area
- 23,046
- Acres
- 1.30
- Subdivision
- Brooklyn
- Neighborhood
- Brooklyn
- MLS Area Major
- Cleveland
Property Description
This is a unique opportunity to own a large income producer in an up and coming area . The building was previously ran as a 40 unit hotel. Currently the building is vacant. Some demo work has been started to convert the units into 29 apartments, All of the units have been gutted. A large retail building is also located on the property. This building is large enough to host a laundromat, restaurant, gym, party room or a combination of all. Three parcels are included adding up to 1.30 acres. Plenty amount of parking space plus two large garages and even an area that would be great for a dog park. Located minutes to downtown, major hospitals, shopping, great restaurants and all major freeways. New roof (tear off) was installed along with exterior lighting. Owner willing to offer creative financing.
Additional Information
- Taxes
- $8,288
- Roof
- Asphalt, Fiberglass
- Parking Features
- Paved
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Clorice L Dlugos, cloricedlugos@gmail.com With McDowell Homes Real Estate Services
Selling Office: Keller Williams Greater Metropolitan.Mortgage Calculator
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