Mixed-Use Apartment and Retail
For Sale
Contact for pricing
8702 DETROIT AVE CLEVELAND OH 44102, Cleveland, OH 44102
Two-story brick building with 15 units and potential ground-floor retail on a Detroit Avenue and W. 87th Street corner lot.
Property Size16,329 SF
Price / SF$59.71
Days on Market136
Property Features for 8702 DETROIT AVE CLEVELAND OH 44102
General Information
Standard status
Active
Size
16,329 SF
Property subtype
Retail, Multifamily
Zoning
GR
Building Details
Year Built
1920
Buildings
1
Stories
2
Units
15
Listing Agency:
Trinity Commercial Realty
Listed By:
Gary Pescatrice · License #OH 0000241394
(216) 402-8000
Source:
Crexi
Added: Apr 23
Changed: Aug 21
Last Checked: Sep 2 at 4:39AM
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 Trinity Commercial Realty
Investment Insights
Based on property information with market context.
Investment opportunity featuring a two-story, solid brick mixed-use building with a total of 15 units and potential ground-floor retail use. The property was built in 1920 and renovated in 2021, with a full basement, public water and sewer service, central air, and a hot water steam heating system.
The building is situated on a highly visible corner lot at Detroit Ave. and W. 87th St. as part of a strong rental corridor, with access to major thoroughfares and public transportation.
This asset is zoned for General Retail/Apartment (GR). It includes updated systems and supports long-term income generation through its existing residential unit mix and retail potential.
The building is situated on a highly visible corner lot at Detroit Ave. and W. 87th St. as part of a strong rental corridor, with access to major thoroughfares and public transportation.
This asset is zoned for General Retail/Apartment (GR). It includes updated systems and supports long-term income generation through its existing residential unit mix and retail potential.
Key Highlights
- 15‑unit mixed‑use building on a .19‑acre corner lot at Detroit Ave. & W. 87th St.
- Approximately 13,471 SF total with 2 stories and a residential + retail unit mix.
- Built in 1920 and renovated in 2021; solid brick construction with a full basement.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Explore this area
Business Placement
Demographics for 44102, OH
43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
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?
Apartment building - Two-story brick building with 15 units and potential ground-floor retail on a Detroit Avenue and W. 87th Street corner lot.
Where is this apartment building located?
The property is located at 8702 DETROIT AVE CLEVELAND OH 44102 Cleveland, OH.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 15‑unit mixed‑use building on a .19‑acre corner lot at Detroit Ave. & W. 87th St.; Approximately 13,471 SF total with 2 stories and a residential + retail unit mix.; Built in 1920 and renovated in 2021; solid brick construction with a full basement.
