Mixed-Use Property with Coffee
For Sale
Contact for pricing
807 Literary Road, Cleveland, OH 44113
Three apartments and a street-level commercial suite provide a combined residential and retail configuration.
Property Size2,436 SF
Days on Market9
Property Features for 807 Literary Road
General Information
Standard status
Active
Size
2,436 SF
Property subtype
Multifamily
Occupancy
85%
Investment Type
Value Add
Additional Details
Multifamily Units
3
Building Details
Year Built
1900
Buildings
1
Stories
3
Units
4
Tenancy
Multi
Listing Agency:
Cushman & Wakefield | CRESCO Real Estate
(216) 232-4104
Listed By:
Robby Martinelli · License #SAL.2014002730
Source:
Crexi
Added: Aug 10
Changed: Aug 15
Last Checked: Aug 17 at 3:14PM
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 Cushman & Wakefield | CRESCO Real Estate
Investment Insights
Based on property information with market context.
Located at 807 Literary Road in Cleveland, Ohio, this mixed-use property combines three residential apartment units with a 610-square-foot commercial suite at street level. The commercial space is occupied by Nirvana Coffee, a local specialty coffee roaster. The property was built in 1900 and has received significant capital improvements, with the residential apartments described as well maintained.
The property is situated in Tremont, near restaurants, entertainment, and outdoor amenities. Its combination of residential occupancy and an operating commercial suite creates a diversified property configuration within one building. The residential rents are described as below market, while the improvements have reduced deferred maintenance needs.
The property is situated in Tremont, near restaurants, entertainment, and outdoor amenities. Its combination of residential occupancy and an operating commercial suite creates a diversified property configuration within one building. The residential rents are described as below market, while the improvements have reduced deferred maintenance needs.
Key Highlights
- Three residential apartment units in a mixed‑use property
- 610 SF street‑level commercial suite occupied by Nirvana Coffee
- Significant capital improvements have addressed deferred maintenance
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three apartments and a street-level commercial suite provide a combined residential and retail configuration.
Where is this mixed-use property located?
The property is located at 807 Literary Road Cleveland, OH.
What are key features of this property?
This property features: Three residential apartment units in a mixed‑use property; 610 SF street‑level commercial suite occupied by Nirvana Coffee; Significant capital improvements have addressed deferred maintenance
