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18614-18616 St Clair Ave Cleveland, OH

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For Sale
$349,999

Mixed-use property with residential, retail, and office space.

Lot size:
0.66 Acres

Property Features for 18614-18616 St Clair Ave

General Information

Lot size
0.66 Acres

Source: eXp Commercial - OH Agent Simon Bast, MiCP

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Cleveland Mixed-Use Investment Opportunity

Located in the South Collinwood neighborhood of Cleveland, this mixed-use property offers a value-add opportunity. It features seven residential units, with six currently operating as short-term rentals producing $900 to $1,200 per month per unit. The seventh unit is nearly ready for lease. There are also three retail units, one newly renovated with a basement and ready for occupancy, while the remaining two offer potential. A 12-room office space provides a flexible floor plan that can be leased as a multi-tenant office suite or converted into additional apartments. The property is located in an Opportunity Zone, providing access to federal tax incentives for redevelopment projects. The location offers quick access to I-90, Downtown Cleveland, University Circle, and Lake Erie waterfront. Public transit and neighborhood retail corridors provide daily traffic and tenant convenience. The property is surrounded by Cleveland’s healthcare, manufacturing, and education hubs, with employers and amenities driving housing demand. The property is eligible for Cleveland's Storefront Renovation Program.
Location Intelligence

Current Use by Public Records

Short term rental ...

Map

City
Cleveland
County
Cuyahoga
State
Ohio
Longitude
-81.630913
Latitude
41.48079

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with residential, retail, and office space.
Where is this mixed-use property located?
The property is located at 18614-18616 St Clair Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: - Opportunity Zone location provides significant tax advantages.; - Diversified income streams from residential and commercial units.; - Six renovated short-term rental units already generating $900-$1,200 per month per unit.
More about this property
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