5384 Saint Clair Ave Cleveland, OH 44103
- Warehouses
- 6,048 SF
- 0.09 lot acres
Current Use by Public Records
- Warehouses
Property Details for 5384 Saint Clair Ave
- Year built
- 1910
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.09 lot acres
- Property size
- 6,048 SF
- Zone code
- SI
- Property type
- Warehouses
- APN
- 104-11-009
- APU
- 10411009
Description
This exceptional mixed-use property at 5384 Saint Clair Avenue in Cleveland, Ohio, presents a rare investment opportunity. The 9,072 square foot brick building sits on a 0.09-acre lot and boasts a diverse income stream. The ground floor houses two established businesses: a shoe repair shop and a well-regarded restaurant operating for over 20 years. The restaurant features a fully equipped kitchen, public restrooms, a diner bar, a full office with a half-bath, ample storage, a walk-in cooler and freezer, and more. Upstairs, three two-bedroom apartments, each with a full bath, kitchen, living room, dining room, and laundry area, provide consistent rental income. All spaces are individually metered. A significant advantage is the inclusion of a large, adjacent 0.09-acre asphalt parking lot, a rare amenity in this area. The property also features three separate basements. Recent improvements include a full concrete back to the building, a completely redone asphalt parking lot with seal coat, Trexboard deck areas on the upper level, LVT flooring in the restaurant, a new roof over apartment 3, additional concrete at the rear of the building (95 ft concrete curb/drywell drainage for the parking lot), island topsoil, two new hot water tanks, updated restaurant office bathroom and office space, a full renovation of Apartment 3, and a walk-in cooler and freezer with recent refrigerant/freezer service. The property also includes an ADT alarm system. Two newer furnaces are also present. The building enjoys a prime location, offering easy access to shopping, freeways, downtown Cleveland, Lake Erie, parks, and hospitals. This turnkey property is being offered at $890,000. Detailed tenant and building information is available in supplemental documents.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6529
- Latitude
- 41.5216
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
