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    455 200Th St Euclid, OH 44119

    For Sale
    $275,000

    Five-Unit Building, High-Demand Location

    Property size:
    5,489 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional mixed-use property at 455 E 200th Street, Euclid, OH, presents a lucrative investment opportunity. Spanning 5,489 square feet on a 0.15-acre lot, this building boasts five units, offering a diverse tenant mix. Two garden-style apartments (one 2-bedroom, one 1-bedroom) are complemented by three retail spaces, each approximately 600 square feet, with individual front entrances. Currently, one retail space houses a nail salon. The apartments, accessed via Nicholas Avenue, feature updated brick entrances and a townhouse-style layout with kitchen and living area on the first floor and bedrooms and bathroom upstairs. A recently renovated parking lot provides nine spaces, accommodating both retail customers and residential tenants. The building itself is constructed of attractive brick masonry under a single roof. A substantial full basement provides utility connections for all units, each equipped with separate electric and gas meters, furnaces, and hot water tanks. Residential tenants enjoy added benefits of private storage and a shared laundry facility. This prime location offers easy access to Lake Erie, the Cleveland Clinic, local schools, and the Shore Cultural Center. Priced at $275,000, this property offers strong potential for both rental income and appreciation.

    Property Features for 455 200Th St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,489 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1952
    Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Euclid
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.53995
    Latitude
    41.59354

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    FAQs

    What type of property is this?
    Mixed-use property - Five-Unit Building, High-Demand Location
    Where is this mixed-use property located?
    The property is located at 455 200Th St Euclid, OH.
    What is the asking price?
    The asking price for this property is $275,000.
    (216) 650-2038
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    455 200Th St Euclid, OH 44119
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    Euclid, 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
    455 200Th St Euclid, OH 44119
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