15557 Lake Shore Boulevard, Cleveland, OH 44110

This fully occupied mixed-use property includes three residential units and two commercial storefronts, providing a diversified income stream within a single building. The residential portion consists of two 2-bedroom units and one 1-bedroom unit. The property is described as well maintained, with tenants in place across both the residential and storefront spaces, supporting an income-producing profile from day one. The offering is also being sold as-is.

The building features rear lake views, a distinguishing amenity noted in the marketing materials. It is positioned near local amenities and shopping and dining options, with access to major transportation routes described as convenient for both residents and storefront customers.

For investors or owner-operators seeking a combined residential and retail setup, this configuration can offer operational simplicity by consolidating unit types and tenants under one ownership. With current rents generating over $54,000 in gross annual income and an estimated 9% cap rate at the asking price, the property is presented as a stability-focused, long-term hold opportunity. The established storefront tenancy, combined with the mix of unit sizes, may support a broader tenant base while keeping the investment diversified across residential and commercial uses.