Brick Mixed-Use Building with
5384 Saint Clair Avenue Cleveland, OH 44103
For Sale
$890,000
Turnkey mixed-use brick property with street-level retail and apartments, plus private off-street parking.
Days on Market142
Property Features for 5384 Saint Clair Avenue
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
1910
Listing Agency:
Coldwell Banker Schmidt Realty
(440) 570-9514
Listed By:
Leilani Bowersock · License #2005015619
(440) 570-9514
Source:
Xome
Added: Mar 11
Changed: Jul 10
Last Checked: Jun 14 at 1:55AM
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 Coldwell Banker Schmidt Realty
Investment Insights
Based on property information with market context.
This brick mixed-use property features two street-level retail spaces: a shoe repair shop and a fully operating restaurant with a complete operating kitchen. The restaurant space includes a public bathroom, restaurant/diner bar, a full office with a half bathroom, plenty of storage, and walk-in cooler and freezer with associated service. There are three separate basements serving the different spaces, and all areas are individually metered. The upper level contains three tenant-occupied apartments, each with two bedrooms, one full bath, a kitchen/living/dining room layout, and a dedicated laundry area. The property has documented updates including extensive concrete work to the back side of the building, completed asphalt parking improvements with seal coat, upper-level Trexboard deck areas, LVT restaurant flooring, a roof over apartment 3, and additional back-of-building concrete and drainage improvements for the parking lot. An ADT alarm system is included, along with two hot water tanks and newer furnaces, and apartment 3 has been fully renovated.
The building includes a large second parcel to the left that houses an asphalt private parking lot for the entire property, along with parking lot curb and drywell drainage features noted in the updates. The location is described as close to shopping, with freeway access nearby and seconds to both downtown and Lake Erie access, with parks and hospitals also in the area.
For tenants and buyers, the configuration supports continued income from the shoe shop and apartments, with a stated $26,400 in rental income per year from the shoe shop and apartments. The restaurant portion can be used as-is or repurposed, and the restaurant transfer timing is described as closing mid-summer. The combination of street-level commercial space and on-site residential units, along with individually metered basements and on-site parking, offers a practical setup for an owner-operator or investor seeking a managed mixed-use platform.
The building includes a large second parcel to the left that houses an asphalt private parking lot for the entire property, along with parking lot curb and drywell drainage features noted in the updates. The location is described as close to shopping, with freeway access nearby and seconds to both downtown and Lake Erie access, with parks and hospitals also in the area.
For tenants and buyers, the configuration supports continued income from the shoe shop and apartments, with a stated $26,400 in rental income per year from the shoe shop and apartments. The restaurant portion can be used as-is or repurposed, and the restaurant transfer timing is described as closing mid-summer. The combination of street-level commercial space and on-site residential units, along with individually metered basements and on-site parking, offers a practical setup for an owner-operator or investor seeking a managed mixed-use platform.
Key Highlights
- Mixed‑use brick building (built 1910) with two street‑level retail spaces plus three 2‑bedroom apartments on the upper level
- Street‑level includes an operating restaurant with full kitchen and dining/bar areas, plus a shoe repair shop (longstanding tenant)
- 3 tenant‑occupied apartments; each unit includes 2 bedrooms and a kitchen/living room/dining room with laundry area
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Turnkey mixed-use brick property with street-level retail and apartments, plus private off-street parking.
Where is this mixed-use property located?
The property is located at 5384 Saint Clair Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Mixed‑use brick building (built 1910) with two street‑level retail spaces plus three 2‑bedroom apartments on the upper level; Street‑level includes an operating restaurant with full kitchen and dining/bar areas, plus a shoe repair shop (longstanding tenant); 3 tenant‑occupied apartments; each unit includes 2 bedrooms and a kitchen/living room/dining room with laundry area