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    Mixed-Use Building with Lake Views Title is generated by Realmo AI

    15557 Lake Shore Boulevard, Cleveland, OH 44110

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    New
    For Sale
    $399,900

    SINGLE_FAMILY - Cleveland, OH

    Type:Retail
    Lot size:
    0.15 Acres
    Added:
    Jun 8, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 10 at 12:06 am

    Property Features for 15557 Lake Shore Boulevard

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Rooms
    Basement
    Standard status
    Active
    APN
    112-14-025
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    16 S/L 1 TO 3 SP EST .14A 11214026
    Tax Annual Amount
    6701

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    5
    Roof type
    Flat

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    Listing Contact
    Jermaine R Burge
    Jermaine R Burge

    Listing agent Jermaine R Burge License #2019000071

    Listing office Keller Williams Greater Metropolitan 29225 Chagrin Boulevard #105, Cleveland, OH

    Listing date Jun 8, 2026

    MLS# 5217231

    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.

    HighLights

    • Mixed‑use building with 3 residential units and 2 commercial storefronts, fully occupied
    • Residential unit mix: two 2‑bedroom units and one 1‑bedroom unit
    • Current gross annual income over $54,000 and estimated 9% cap rate at the asking price
    • Public utilities: public water and public sewer
    • Heating: forced air; roof: flat
    • Basement included; rear lake views

    Overview

    This mixed-use property is fully occupied and well maintained, with three residential units and two commercial storefronts. The residential mix includes two 2-bedroom units and one 1-bedroom unit. The commercial component consists of two storefront spaces generating additional rental income alongside the apartments. The building is being sold as-is.

    The property is located at 15557 Lake Shore Boulevard in Cleveland, OH 44110 (Cuyahoga County). The rear of the building offers lake views, which may be an appealing differentiator for residential tenants. The listing also notes convenient proximity to local amenities, shopping, dining, and major transportation routes.

    For investors and owner-operators, the combination of apartments and storefronts can support portfolio diversification within a single asset, with rental income already in place due to full occupancy. The listing states current rents generate over $54,000 in gross annual income and references an estimated 9% cap rate at the asking price. With the property presented as cared for and positioned to continue attracting both residential and commercial tenants, it may be a practical fit for buyers seeking a turn-key income stream through a mixed-use structure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.572544
    Latitude
    41.578673

    FAQs

    What type of property is this?
    Apartment building - Three residential units and two storefronts offer diversified income in a fully occupied, well-maintained mixed-use setup.
    Where is this apartment building located?
    The property is located at 15557 Lake Shore Boulevard Cleveland, OH.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: Mixed‑use building with 3 residential units and 2 commercial storefronts, fully occupied; Residential unit mix: two 2‑bedroom units and one 1‑bedroom unit; Current gross annual income over $54,000 and estimated 9% cap rate at the asking price
    More about this property
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