Renovated Mixed-Use
For Sale
$315,000
Pending
18515 Underwood Avenue, Cleveland, OH 44119
CommercialSale, Cleveland, OH
Property Size4,350 SF
Lot Size0.25 Acres
Days on Market123
Property Features for 18515 Underwood Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Rooms
Basement
Parking
13
Subdivision
Berwick 03
Elementary school district
Cleveland Municipal - 1809
Middle school district
Cleveland Municipal - 1809
High school district
Cleveland Municipal - 1809
Directions
Turn east off E185 @ the BP/7-11. Parking in the front is limited, street parking available, large parking lot in rear of buildings.
Standard status
Pending
APN
114-24-042
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
14 S/L 1604 TO 1607 ALL 11424043
Tax Annual Amount
5022
Legal Description
14 S/L 1604 TO 1607 ALL 11424043
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Amenities
shared kitchen
shared conference room
Building Details
Year built
1900
Listing Agency:
EXP Realty, LLC.
(866) 212-4991
Listed By:
Chassity Miller · License #2017005555
(330) 604-2363
Added: Apr 30
Changed: Aug 28
Last Checked: Aug 30 at 2:06PM
MLS# 5206020
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property includes two renovated buildings on one parcel with approximately 4,350 GSF combined. The larger structure contains approximately 2,800 GSF across a main floor and lower level, with 10 private offices, a shared kitchen, and a shared conference room. Five offices are leased on gross terms, while five are available. The second building provides approximately 1,550 GSF over two floors and is currently vacant. Residence-Office District zoning supports residential rental, professional office, or medical/clinic use for that building.
The property includes 13-15 on-site surface parking spaces. Built in 1900, the buildings feature central air, heat pump heating, public water, and public sewer. Located at 18515 and 18519 Underwood Avenue in Cleveland, the site offers a combination of existing office occupancy and additional usable space within a two-building layout.
The property includes 13-15 on-site surface parking spaces. Built in 1900, the buildings feature central air, heat pump heating, public water, and public sewer. Located at 18515 and 18519 Underwood Avenue in Cleveland, the site offers a combination of existing office occupancy and additional usable space within a two-building layout.
Key Highlights
- Approximately +/-4,350 GSF across two renovated buildings
- Larger building includes 10 offices, shared kitchen, and lower‑level conference room
- Five offices leased on gross terms; five offices available
Property Analytics
Property Profile
Current Use
Lease Details
10
Office units
Location Intelligence
Trade Area within ½ mile
605
Businesses Nearby
Explore this area
Business Placement
Demographics for 44119, OH
12,134
Population
6,941
Households
1.7
Avg Household Size
44
Median Age
19%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
5,515
Density / Sq Mi
$48,268
Median Household Income
$36,556
Median Earnings
$927
Median Rent
$109,700
Median Home Value
Market
Vacancy Rate% for Office in Cleveland, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings offer office suites, flexible occupancy options, and 13-15 on-site surface parking spaces.
Where is this mixed-use property located?
The property is located at 18515 Underwood Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Approximately +/-4,350 GSF across two renovated buildings; Larger building includes 10 offices, shared kitchen, and lower‑level conference room; Five offices leased on gross terms; five offices available
