Search
Mixed-Use Property with Storefront
For Sale
$59,000

1054 E 71st St, Cleveland, OH 44103

Two residential units sit above a ground-floor retail space, creating a combined residential and commercial layout requiring full rehabilitation.

Property Size3,600 SF
Price / SF$16.39
Days on Market116

Property Features for 1054 E 71st St

General Information

Standard status Active
Size 3,600 SF
Property subtype Residential Income

Property Condition

Severity Major Repairs Needed
Evidence Property Needs Full Rehab

Additional Details

Floor Ground

Taxes and HOA fees

Annual Taxes $2,515

Building Details

Stories 2
Listing Agency: Fairfellow Realty LLC
Listed By: Rasheda Grayson
Source: Exprealty
Added: Apr 30 Changed: Aug 22 Last Checked: Aug 23 at 7:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fairfellow Realty LLC

Investment Insights

Based on property information with market context.

This 3,600-square-foot mixed-use property combines a ground-floor storefront with two residential units on the level above. The building requires full rehabilitation, offering a redevelopment project with both retail and residential components in one structure.

The property is located near public transportation and highway access, with downtown Cleveland only minutes away. Its existing configuration provides a clear framework for restoring a street-level commercial space alongside two upper-level residences.

Key Highlights

  • 3,600‑square‑foot mixed‑use building
  • Two residential units located above a ground‑floor storefront
  • Full rehabilitation project

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Law Firm Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby

Demographics for 44103, OH

14,469
Population
9,479
Households
1.5
Avg Household Size
43
Median Age
12%
College-Educated
78%
High-School Grad
4.1 sq mi
ZIP Area
3,529
Density / Sq Mi
$24,219
Median Household Income
$27,495
Median Earnings
$720
Median Rent
$57,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two residential units sit above a ground-floor retail space, creating a combined residential and commercial layout requiring full rehabilitation.
Where is this mixed-use property located?
The property is located at 1054 E 71st St Cleveland, OH.
What is the asking price?
The asking price for this property is $59,000.
What are key features of this property?
This property features: 3,600‑square‑foot mixed‑use building; Two residential units located above a ground‑floor storefront; Full rehabilitation project
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message