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    475 E 185Th St Cleveland, OH 44119

    For Sale
    $2,400,000

    SINGLE_FAMILY - Cleveland, OH

    Type:Retail
    Lot size:
    1.77 Acres
    Days on Market:
    207
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 475 E 185Th St

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    641-10-029
    Lot size
    1.77 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2007

    Chervenic Realty Inc (330) 686-1644 [email protected]

    Listing agent Vonda Palcisco (330) 240-5970 License #2008000156

    Listing date May 13, 2025

    Copyright © 2025 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.

    Overview

    High-Traffic Retail with Drive-Thru

    This retail property is situated on a high-traffic corner with ingress/egress from two main roads, across from a hospital in Cleveland, OH. The property includes a large parking lot and features men's and women's restrooms, freezers and cold storage, a security system, security doors, and a delivery door. It also has compliant drive-thru lanes and a window. The property is currently under a 1-year lease to Euclid Public Library for $24,000 per month, with an option to renew. The owner is responsible for large replacement costs. The property is located on a 1.77-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    higi Health Consultant David R. Baker, ... Pharmacy GNC Live Well. Vitamin & Supplements Store Xklusive Trendz Web Hosting Company Western Union Money Transfer Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.549322
    Latitude
    41.594515

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    FAQs

    What type of property is this?
    Retail space - Retail property with high traffic, parking, and drive-thru lanes.
    Where is this retail space located?
    The property is located at 475 E 185Th St Cleveland, OH.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Excellent location on a high-traffic corner with ingress/egress from two main roads and across from a hospital.; - Existing 1-Year Lease to Euclid Public Library for $24,000 per month with renewal option.; - 12% CAP rate.
    (330) 240-5970
    Request Owner's contact information
    475 E 185Th St Cleveland, OH 44119
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    Cleveland, OH 44119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    475 E 185Th St Cleveland, OH 44119
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