Property summary
This exceptional 2,000 square foot retail property located at 19505 Euclid Avenue in Euclid, Ohio, presents a unique investment opportunity. Situated on a sizable 0.43-acre lot in Cuyahoga County, zip code 44117, the building currently operates as a restaurant in its front section. A smaller space at the rear of the building is currently vacant, offering flexibility for expansion or a secondary tenant. The property's versatile nature allows for a variety of uses, including a daycare/nursery, restaurant, or storefront retail operation. The substantial square footage provides ample space for a thriving business. The property's location in Euclid, Ohio offers excellent access to local amenities and a strong customer base. This is an ideal opportunity for an entrepreneur seeking a well-positioned retail space with potential for growth and customization. The existing restaurant setup provides a solid foundation for a new owner, while the vacant rear space allows for immediate expansion or the addition of a complementary business. This property is ready for immediate occupancy and offers a compelling combination of size, location, and adaptability. The property's zoning and permitted uses should be independently verified.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
R 1355 U3 Apartment House Districts(Repealed) CHAPTER 1356 U3E Elevator Apartment House Districts (Repealed) CHAPTER 1357 U3EL Senior Citizens Use Districts CHAPTER 1358 ASF Attached Single-Family Districts CHAPTER 1359…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
U4 · Euclid, OHR 1355 U3 Apartment House Districts(Repealed) CHAPTER 1356 U3E Elevator Apartment House Districts (Repealed) CHAPTER 1357 U3EL Senior Citizens Use Districts CHAPTER 1358 ASF Attached Single-Family Districts CHAPTER 1359…
Zoning
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Zoning designation
Official district profile
R 1355 U3 Apartment House Districts(Repealed) CHAPTER 1356 U3E Elevator Apartment House Districts (Repealed) CHAPTER 1357 U3EL Senior Citizens Use Districts CHAPTER 1358 ASF Attached Single-Family Districts CHAPTER 1359…
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