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Property profile

5379 St Clair Ave Cleveland, OH 44103

OFF-MARKET
Retail properties & Spaces
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4,314 SF 0.19 ac lot

Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Total area 4,314 SF
Lot 0.19 ac (8,276 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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