3348 St Clair Avenue NE, Cleveland, OH 44114

$1,100,000

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List Price
$1,100,000
Status
ACTIVE
Days on Market
69
MLS#
5216109
Subtype
Commercial Sale
Foreclosure
Yes
Year Built
1880
Acres
0.35
MLS Area Major
Cleveland

Property Description

Investment Opportunity ? Historic Downtown Cleveland Building Rare opportunity to own an impressive fully remodeled historic building offering nearly 11,000 sq. ft. in a prime downtown Cleveland location. This income-producing property features its own private parking lot, a valuable amenity for tenants and visitors alike. Currently generating approximately $6,000 per month in rental income, with an additional vacant unit offering the potential to increase income to approximately $7,600 per month. With further leasing and optimization, the property presents a potential income opportunity approaching $10,000 per month. A perfect opportunity for investors seeking strong cash flow, owner-users looking to offset occupancy costs, or those wanting to add a landmark property to their portfolio. Prime location, updated condition, multiple income streams, and significant upside potential make this a standout offering.Schedule your private showing today and explore the possibilities this exceptional downtown asset has to offer.

Additional Information

Taxes
$12,000
Heating
Forced Air, Gas
Air Conditioning
Central Air
Foundation
Basement
Parking Features
Parking Lot, Parking Pad, Private
School District
Cleveland Municipal - 1809

Listing Courtesy of: Steve Baird, neorealestategroup@gmail.com With Berkshire Hathaway HomeServices Professional Realty

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