Property summary
This exceptional Cleveland, Ohio mixed-use property presents a unique owner-user opportunity. Located at 5379 St. Clair Ave., this 4,314 square foot building sits on a 0.19-acre lot and comprises a fully equipped, turnkey restaurant and two occupied residential apartments. The property benefits from a valuable liquor license and includes kitchen equipment, ready for immediate operation. Two dedicated parking spaces are available for apartment tenants. Renovated in 2007 while retaining its historic 1900 charm, the building enjoys a highly visible location on St. Clair Avenue, minutes from Downtown Cleveland and I-90, ensuring high foot traffic and strong visibility. The property's prime location within a vibrant and densely populated area offers significant potential for both restaurant and rental income. This is an ideal investment for an entrepreneur seeking a combined business and residential income stream in a thriving Cleveland neighborhood. The building's strong location and existing tenant occupancy provide immediate cash flow potential. This is a rare opportunity to acquire a well-established, profitable business with additional rental income. The property's combination of commercial and residential space offers a unique and attractive investment opportunity in a desirable Cleveland location.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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