Mixed-Use Corner Building with
For Sale
$460,000
483 E 260th St, Euclid, OH 44132
Conjoined mixed-use property with five ground-floor retail spaces and three residential apartments plus rear concrete parking.
Property SizeContact for details
Days on Market208
Property Features for 483 E 260th St
General Information
Standard status
Active
Occupancy
87%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$11,632
Building Details
Tenancy
Multi
Listing Agency:
JAMM Real Estate Co.
(440) 838-1111
Listed By:
Michael L Anter · License #2013004435
(216) 409-2888
Source:
Exprealty
Added: Feb 9
Changed: Aug 20
Last Checked: Sep 4 at 1:15PM
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 JAMM Real Estate Co.
Investment Insights
Based on property information with market context.
This mixed-use property consists of three conjoined buildings on a corner lot and includes five ground-level commercial storefront spaces and three residential apartments across eight total units. The building is currently 87% occupied, with one vacant storefront space at the time of listing. Retail tenants are responsible for maintenance and repairs on their individual units, and residential tenants are month-to-month, with each tenant paying their own utilities plus their portion of water and sewer.
The property features ample concrete parking in the back, with the parking lot reportedly re-poured a few years ago and more than $60,000 invested in that improvement. The enclosed garbage area is included as part of the parking-area upgrades, and electrical panels have been updated. The listing also notes quick access to Route 2 and north toward Lakeshore Blvd.
Recent improvements include parking lot work, the enclosed garbage area, and updated electrical panels, supporting day-to-day operations for both retail and residential tenants.
The property features ample concrete parking in the back, with the parking lot reportedly re-poured a few years ago and more than $60,000 invested in that improvement. The enclosed garbage area is included as part of the parking-area upgrades, and electrical panels have been updated. The listing also notes quick access to Route 2 and north toward Lakeshore Blvd.
Recent improvements include parking lot work, the enclosed garbage area, and updated electrical panels, supporting day-to-day operations for both retail and residential tenants.
Key Highlights
- Mixed‑use conjoined property with 3 parcels and 8 units: 5 ground‑floor retail spaces and 3 residential apartments
- Currently 87% occupied, with 1 vacant storefront; gross rents exceed $9,000/month when fully occupied
- All retail tenants are responsible for maintenance/repairs on their individual units; all 3 residential tenants are MTM
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
87%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
Explore this area
Business Placement
Demographics for 44132, OH
14,524
Population
7,586
Households
1.9
Avg Household Size
37
Median Age
23%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
4,539
Density / Sq Mi
$46,014
Median Household Income
$36,284
Median Earnings
$1,031
Median Rent
$109,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Conjoined mixed-use property with five ground-floor retail spaces and three residential apartments plus rear concrete parking.
Where is this mixed-use property located?
The property is located at 483 E 260th St Euclid, OH.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Mixed‑use conjoined property with 3 parcels and 8 units: 5 ground‑floor retail spaces and 3 residential apartments; Currently 87% occupied, with 1 vacant storefront; gross rents exceed $9,000/month when fully occupied; All retail tenants are responsible for maintenance/repairs on their individual units; all 3 residential tenants are MTM
