Historic Live-Work
New
For Sale
$470,000
1350 W 69th Street, Cleveland, OH 44102
CommercialSale, Cleveland, OH
Property Size4,000 SF
Lot Size0.17 Acres
Price / SF$117.50
Days on Market4
Property Features for 1350 W 69th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Rooms
Basement
Parking features
Offsite, Garage
Subdivision
John Mccarts
Elementary school district
Cleveland Municipal - 1809
Middle school district
Cleveland Municipal - 1809
High school district
Cleveland Municipal - 1809
Directions
Detroit Subway, north off Detroit Road. One street over from Our Lady of Mount Carmel Catholic Church. 9th property North of Detroit Road.
Standard status
Active
APN
002-07-019
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
31 MC CART 0078 ALL
Tax Annual Amount
6712
Legal Description
31 MC CART 0078 ALL
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1915
Floors in Building
3
Roof type
Asphalt, Fiberglass
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices Professional Realty
(216) 970-0164
Listed By:
Allie Carr · License #2014001370
(216) 952-8884
Added: Oct 30
Changed: Nov 2
Last Checked: Nov 2 at 2:06PM
MLS# 5257480
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This 1915 building offers approximately 4,000 SF across a main floor, lower level, and mezzanine. The first floor includes an open hall with hardwood flooring, a vaulted ceiling, exposed beams, and tall windows. The lower level has exposed brick and timber, while a 400 SF mezzanine overlooks the main floor. A carved wood iconostasis remains from the building’s former church use. The property has been partially rehabilitated and is zoned for commercial use.
An adjacent parcel across W. 69th Street is included in the sale and has City of Cleveland approval for a seven-space parking lot with landscaping. The property is in Cleveland’s Gordon Square Arts District, near the retail corridor, Capitol Theatre, Stone Mad Pub, Il Rione, and Luxe Kitchen. Edgewater Park, Battery Park, and the Shoreway (Route 2) are also nearby.
Architectural plans show one potential layout with a showroom, conference room, private offices, accessible restroom, mezzanine open office, and a LULA elevator with an entry vestibule. These plans illustrate a possible buildout, not existing improvements.
An adjacent parcel across W. 69th Street is included in the sale and has City of Cleveland approval for a seven-space parking lot with landscaping. The property is in Cleveland’s Gordon Square Arts District, near the retail corridor, Capitol Theatre, Stone Mad Pub, Il Rione, and Luxe Kitchen. Edgewater Park, Battery Park, and the Shoreway (Route 2) are also nearby.
Architectural plans show one potential layout with a showroom, conference room, private offices, accessible restroom, mezzanine open office, and a LULA elevator with an entry vestibule. These plans illustrate a possible buildout, not existing improvements.
Key Highlights
- 1915 building with approximately 4,000 SF across three levels
- First‑floor hall features original hardwood floors, a barrel‑vaulted ceiling, exposed beams, and tall windows
- Lower level includes exposed brick and timber; 400 SF mezzanine overlooks the main floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,750
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,000
$675.0K
Cap Rate 7%
$482,143
$482.1K
Cap Rate 9%
$375,000
$375.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$60.0K $15.00/SF
− Vacancy
−$6.0K −$1.50/SF
EGI
$54.0K $13.50/SF
− OpEx
−$20.3K −$5.06/SF
NOI
$33.8K $8.44/SF
Area
Cleveland, OH
Vacancy
10.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,000
Cap Rate 7%
$482,143
Cap Rate 9%
$375,000
Alternative Uses
Best Use
Office B
$777.6K
$680.4K – $907.2K
NOI $54,432 @ 7.0% cap · market cap 11.58%
Second Best
Mixed Use
$482.1K
$421.9K – $562.5K
NOI $33,750 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$976.1K
$854.1K – $1.14M
NOI $68,329 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
790
Businesses Nearby
Explore this area
Business Placement
Demographics for 44102, OH
43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Cleveland, OH
Frequently Asked Questions
What type of property is this?
Live-work space - Commercial zoning and a city-approved seven-space parking lot support flexible owner-user planning.
Where is this live-work space located?
The property is located at 1350 W 69th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: 1915 building with approximately 4,000 SF across three levels; First‑floor hall features original hardwood floors, a barrel‑vaulted ceiling, exposed beams, and tall windows; Lower level includes exposed brick and timber; 400 SF mezzanine overlooks the main floor
