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Mixed-Use Building with Apartments

1318 Warrensville Center Road, Cleveland Heights, OH 44121

For Sale
$450,000

The commercial space includes an equipped kitchen, basement, and room for dining or entertainment uses.

Property Size5,600 SF
Price / SF$80.36
Days on Market186

Property Features for 1318 Warrensville Center Road

General Information

Standard status Active
Size 5,600 SF
Property subtype Mixed Use

Units

Unit Mix 2 x 1BR, 2 x efficiency
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $11,417

Building Details

Building Size 5,600 SF
Year Built 1924
Listing Agency: HomeSmart Real Estate Momentum LLC
Listed By: Latonya Oliver · License #392540
Source: Lifestagesrealty
Added: May 8 Changed: Nov 7 Last Checked: Nov 8 at 7:39PM

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 HomeSmart Real Estate Momentum LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1924, this 5,600-square-foot mixed-use property combines commercial space with four residential units above. The residential mix includes two one-bedroom apartments, approximately 740 square feet, and two efficiency units, approximately 660 square feet. The commercial area has an equipped kitchen, a game room, and space for a band and dance floor. A full basement adds additional building space.

Parking includes four garage spaces, along with driveway and street parking.

Key Highlights

  • Four residential units: two one‑bedroom apartments and two efficiencies
  • Approximately 740 square feet for the two one‑bedroom apartments and 660 square feet for the two efficiencies
  • 5,600‑square‑foot property built in 1924

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods Electrical Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Big Box & Wholesale 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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

623
Businesses Nearby

Demographics for 44121, OH

32,887
Population
14,916
Households
2.2
Avg Household Size
39
Median Age
41%
College-Educated
96%
High-School Grad
6.4 sq mi
ZIP Area
5,139
Density / Sq Mi
$75,621
Median Household Income
$41,061
Median Earnings
$1,113
Median Rent
$129,300
Median Home Value

Market

Properties on Market for Mixed-use properties in Cuyahoga County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The commercial space includes an equipped kitchen, basement, and room for dining or entertainment uses.
Where is this mixed-use property located?
The property is located at 1318 Warrensville Center Road Cleveland Heights, OH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four residential units: two one‑bedroom apartments and two efficiencies; Approximately 740 square feet for the two one‑bedroom apartments and 660 square feet for the two efficiencies; 5,600‑square‑foot property built in 1924
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