Mixed-Use Building in Ohio City

1990 Fulton Road, Cleveland, OH 44113

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For Sale

$500,000

2,868 SF mixed-use building with redevelopment potential.

Type:Multifamily

Property size:

2,868 SF

Lot size:

0.16 Acres

Price / SF:

$174/SF

HighLights

Mixed‑use building with commercial space and two apartment units.
Includes adjacent 0.16 AC lot for parking or redevelopment.
Prime location within walking distance to Ohio City's popular restaurants and attractions.
First floor features open layout, 1.5 bathrooms, and kitchenette.
Two 1 bed 1 bath apartment units with separate access.
High average household income ($91,667) within a 1‑mile radius.

We can help!

Listing Contact

Connor Ambrose

For Sale

$500,000

2,868 SF mixed-use building with redevelopment potential.

Type:Multifamily

Property size:

2,868 SF

Lot size:

0.16 Acres

Price / SF:

$174/SF

Added:: Mar 25, 2026
Days on Market:: 78
Last Refresh:: Mar 18 at 7:58 am

Property Features for 1990 Fulton Road

General Information

Standard status: Active
Size: 2,868 SF
Lot size: 0.16 Acres
Property subtype: Multifamily

We can help!

Listing Contact

Connor Ambrose

Listing agent Connor Ambrose License #2008000837

Listing office CBRE - Cleveland

Listing date Mar 25, 2026

Source Cbre

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 CBRE - Cleveland

HighLights

Mixed‑use building with commercial space and two apartment units.
Includes adjacent 0.16 AC lot for parking or redevelopment.
Prime location within walking distance to Ohio City's popular restaurants and attractions.
First floor features open layout, 1.5 bathrooms, and kitchenette.
Two 1 bed 1 bath apartment units with separate access.
High average household income ($91,667) within a 1‑mile radius.

Overview

This is a 2,868 square foot, two-story mixed-use building for sale in Ohio City. The first floor features an open layout, one and a half bathrooms, and a kitchenette, with access points at both the front and rear of the building. Previously, the first floor was used as an art gallery. The second floor contains two one-bedroom, one-bathroom apartment units with separate access on the west side of the building. The sale includes an adjacent 0.16-acre lot to the west, suitable for additional parking or redevelopment. The property is located within walking distance of local establishments such as Hecks’s, Juneberry Table, Le Petite Triangle Cafe, and Momocho. The average household income within a one-mile radius of the property is $91,667.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$51.3k	$17.88
− Vacancy	−$2.3k	−$0.80
EGI	$49.0k	$17.08
− OpEx	−$14.7k	−$5.12
NOI	$34.3k	$11.95

2,868 SF · lease $17.88/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$489.7K

$428.5K – $571.4K (±1% cap)

NOI $34,281 @ 7.0% cap · market cap 6.86%

Second Best

Apartment 5plus

$454.3K

$397.5K – $530.0K (±1% cap)

NOI $31,800 @ 7.0% cap · market cap 6.36%

Theoretical Best

Office A

$699.9K

$612.4K – $816.5K (±1% cap)

NOI $48,992 @ 7.0% cap · market cap 9.80%

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

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Cleveland
County: Cuyahoga
State: Ohio
Longitude: -81.710692
Latitude: 41.480076

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For sale
Mixed-use properties
OH
Cleveland
44113
1990 Fulton Road

What type of property is this?

Mixed-use property - 2,868 SF mixed-use building with redevelopment potential.

Where is this mixed-use property located?

The property is located at 1990 Fulton Road Cleveland, OH.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Mixed‑use building with commercial space and two apartment units.; Includes adjacent 0.16 AC lot for parking or redevelopment.; Prime location within walking distance to Ohio City's popular restaurants and attractions.