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608 E 185Th St Cleveland, OH 44119

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Fully occupied mixed-use property with commercial and residential units.

Lot size:
0.16 Acres

Property Features for 608 E 185Th St

General Information

Standard status
Active
Lot size
0.16 Acres

Building Details

Year built
1927

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Listing Contact
Tal Tamir
Source: Crexi

Listing Agency: Russell Commercial Advisory Listing Agent: Tal Tamir

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Mixed-Use Property on East 185th

This fully occupied mixed-use property is located on East 185th Street in Cleveland, Ohio, just outside of Euclid. The property includes four commercial storefronts and a duplex, all situated on the same lot. All units are currently leased, providing immediate income. The commercial spaces are leased at an average of $750 per month, presenting an opportunity for increased rental income upon renewal. The duplex features two one-bedroom, one-bath units. One unit is leased at $625 per month through November 30, 2025, and the other is leased at $575 per month through July 31, 2026. A new roof is being installed on the commercial building. The property is currently operating at an 8%+ cap rate, with potential for double-digit returns through rent increases. This income-producing asset is located in a high-visibility area.
Location Intelligence

Current Use by Public Records

The Lux Beauty Loft Hair Salon Vain Vault Department Store

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Cleveland
County
Cuyahoga
State
Ohio
Longitude
-81.55037
Latitude
41.590835

FAQs

What type of property is this?
Mixed-use property - Fully occupied mixed-use property with commercial and residential units.
Where is this mixed-use property located?
The property is located at 608 E 185Th St Cleveland, OH.
What are key features of this property?
This property features: - Fully occupied mixed-use property with immediate cash flow.; - 8%+ cap rate with potential for **double-digit returns** through rent increases.; - Features four commercial storefronts and a duplex on one lot.
More about this property
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