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Three-Level Mixed-Use Property
For Sale
$400,000

3038 Scranton Road, Cleveland, OH 44113

The first floor is equipped for restaurant service, with two upper floors configured as living spaces.

Property SizeContact for details
Days on Market124

Property Features for 3038 Scranton Road

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood Clark-Fulton

Additional Details

Equipment Included Yes

Taxes and HOA fees

Annual Taxes $2,454

Building Details

Year Built 1890
Buildings 1
Stories 3
Listing Agency: Life Stages Realty LLC
Listed By: Nicolette Kuebeler · License #2022002552
Source: Lifestagesrealty
Added: Jun 26 Changed: Oct 26 Last Checked: Oct 26 at 4:01PM

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 Life Stages Realty LLC

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Investment Insights

Based on property information with market context.

At 3038 Scranton Road, this three-level mixed-use property combines a restaurant-equipped first floor with residential space above. The main level includes cooking and refrigeration equipment, soda machines, wood cabinetry, quartz countertops, and two restrooms. The second floor has two bedrooms, while the third floor is arranged as an in-law suite.

Renovations completed within the past year include a new roof, windows, furnace, and air conditioning, along with interior and exterior paint, flooring, and a new driveway. Quartz countertops are present on every floor. Active licenses are in place, although the current owner has not operated the property as a business.

Key Highlights

  • Three levels with restaurant space on the first floor and living areas above
  • Restaurant equipment includes soda machines, refrigerator, stove, fryers, and cooler
  • Two restrooms serve the main level

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Electrical Service Pet Grooming Service Accounting Firm Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby

Demographics for 44113, OH

20,291
Population
12,554
Households
1.6
Avg Household Size
33
Median Age
54%
College-Educated
89%
High-School Grad
3.8 sq mi
ZIP Area
5,340
Density / Sq Mi
$70,140
Median Household Income
$61,204
Median Earnings
$1,374
Median Rent
$295,400
Median Home Value
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Market

Vacancy Rate% for Retail in Cleveland, OH

5.6% 2019
8.5% 2020
7.2% 2021
6.9% 2022
6.7% 2023
6.9% 2024
7.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The first floor is equipped for restaurant service, with two upper floors configured as living spaces.
Where is this mixed-use property located?
The property is located at 3038 Scranton Road Cleveland, OH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Three levels with restaurant space on the first floor and living areas above; Restaurant equipment includes soda machines, refrigerator, stove, fryers, and cooler; Two restrooms serve the main level
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