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Mixed-Use Office and Residential Property

18515 Underwood Avenue, Cleveland, OH 44119

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For Sale

$315,000

SINGLE_FAMILY - Cleveland, OH

Type:Office

Property size:

4,350 SF

Lot size:

0.25 Acres

Price / SF:

$72/SF

HighLights

Mixed‑use property in Cleveland’s North Collinwood with two renovated buildings on a single parcel totaling +/- 4,350 GSF
18519 Underwood: +/- 2,800 GSF two‑story multi‑tenant office building with 10 offices, shared kitchen (main), and shared conference room (lower)
18519 Underwood leasing: 5 offices currently leased on gross terms; 5 offices available at published asking rates
18515 Underwood: +/- 1,550 GSF fully renovated single‑tenant building across first and second floors; most recently rented at $2,550/month and currently vacant
18515 Underwood flexibility under Residence‑Office District zoning for residential rental, professional office, or medical/clinic use
Utilities: public water and public sewer; systems include heat pump heating and central air

We can help!

Listing Contact

Chassity Miller

For Sale

$315,000

SINGLE_FAMILY - Cleveland, OH

Type:Office

Property size:

4,350 SF

Lot size:

0.25 Acres

Price / SF:

$72/SF

Added:: Apr 30, 2026
Days on Market:: 43
Last Refresh:: Jun 11 at 4:06 pm

Property Features for 18515 Underwood Avenue

General Information

Property type: Residential
Property subtype: Office
Rooms: Basement
Parking: 13
Standard status: Active
APN: 114-24-042
Lot size: 0.25 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: 14 S/L 1604 TO 1607 ALL 11424043
Tax Annual Amount: 5022

Utilities

Sewer type: Public Sewer
Heating system: Heat Pump (Heating)
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1900

We can help!

Listing Contact

Chassity Miller

Listing agent Chassity Miller License #2017005555

Listing office EXP Realty, LLC. 159 Crocker Park Blvd. #400, Dublin, OH

Listing date Apr 30, 2026

MLS# 5206020

HighLights

Mixed‑use property in Cleveland’s North Collinwood with two renovated buildings on a single parcel totaling +/- 4,350 GSF
18519 Underwood: +/- 2,800 GSF two‑story multi‑tenant office building with 10 offices, shared kitchen (main), and shared conference room (lower)
18519 Underwood leasing: 5 offices currently leased on gross terms; 5 offices available at published asking rates
18515 Underwood: +/- 1,550 GSF fully renovated single‑tenant building across first and second floors; most recently rented at $2,550/month and currently vacant
18515 Underwood flexibility under Residence‑Office District zoning for residential rental, professional office, or medical/clinic use
Utilities: public water and public sewer; systems include heat pump heating and central air

Overview

18515 and 18519 Underwood Avenue make up a fully renovated mixed-use property on a single parcel. The offering includes two buildings totaling about 4,350 square feet. 18519 Underwood Avenue is a two-story, multi-tenant office building of approximately 2,800 square feet with 10 individual offices, a shared kitchen on the main floor, and a shared conference room on the lower level. Five offices are currently leased on gross terms, and five additional offices remain available. 18515 Underwood Avenue is a separate, fully renovated single-tenant building of about 1,550 square feet across the first and second floors, currently vacant after its most recent rental of $2,550 per month.

The 18515 building’s use flexibility is supported by Residence-Office District zoning, allowing it to function as a residential rental, a professional office, or a medical/clinic operation. The property is located in Cleveland’s North Collinwood neighborhood and includes 13–15 on-site surface parking spaces shared by the parcel.

This setup can work well for an owner-operator looking to occupy one building while the other generates income. It also fits buyers seeking a turnkey package with an occupied office component alongside a vacant building that may be re-tenanted for office, medical/clinic, or residential rental use under the current zoning.

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Cleveland
County: Cuyahoga
State: Ohio
Longitude: -81.549081
Latitude: 41.580057

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For sale
Office buildings
OH
Cleveland
44119
18515 Underwood Avenue

What type of property is this?

Office building - Two fully renovated buildings offer multi-tenant office space plus a flexible residence-office configuration.

Where is this office building located?

The property is located at 18515 Underwood Avenue Cleveland, OH.

What is the asking price?

The asking price for this property is $315,000.

What are key features of this property?

This property features: Mixed‑use property in Cleveland’s North Collinwood with two renovated buildings on a single parcel totaling +/- 4,350 GSF; 18519 Underwood: +/- 2,800 GSF two‑story multi‑tenant office building with 10 offices, shared kitchen (main), and shared conference room (lower); 18519 Underwood leasing: 5 offices currently leased on gross terms; 5 offices available at published asking rates

18515 Underwood Avenue, Cleveland, OH 44119

SINGLE_FAMILY - Cleveland, OH

Property Features for 18515 Underwood Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Office Building

Turnkey Retail Building in Cleveland

Asian Town Mixed-Use Assemblage

Remodeled Six-Plex on Dead-End Street

Daycare Facility in Cleveland, OH

Turnkey Bar and Restaurant with Banquet Hall

Retail Store with Brick Front

Versatile Commercial Space, Cleveland

Turnkey Duplex with Detached Garage

Turnkey Triplex in South Collinwood

Turnkey Entertainment Venue Opportunity

Spacious Cleveland Duplex Investment Opportunity

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