881 222Nd St Euclid, OH 44123
Discover a prime commercial property at 881 E 222nd St, Euclid, OH 44123, offering 3,900 square feet of adaptable space. This three-story, 1929-built building sits on a 0.433-acre lot (APN 643-13-008) and is currently zoned for local retail, but conversion to residential is feasible. The property boasts a spacious layout including four bedrooms (potentially offices) on the second floor, a fifth bedroom/office on the third floor, three full bathrooms, and a half bath. A large kitchen and multiple rooms/offices on the first floor provide ample space. Beautiful woodwork is featured throughout. Its versatile nature makes it suitable for various uses, including a spa, maternity home, rectory, sober living facility, co-living space, transitional housing, or community center. The building's location minutes from I-90 on a high-traffic street ensures excellent visibility and accessibility. This presents a unique opportunity for a single tenant or multiple users. The asking price is $275,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.