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Property profile & analytics
OFF-MARKET
Retail space

19505 Euclid Ave Euclid, OH 44117-1409

2,472 SF 0.43 ac lot Built 1970
Entity Owned 9-yr Hold Free & Clear
Property ID
US66-0359986
Property summary
AI-generated overview

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
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Construction WOOD
Total area 2,472 SF
Lot 0.43 ac (18,820 SF)
Zoning code U4
APN 646-22-022
UPID US66-0359986
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
East 950 LLC · 9 yrs held
East 950 LLC
since 2017
5 recorded transactions
2017
Price N/A
2002
Price N/A
2002
$170,000
1999
$130,000
1998
$130,000
Zoning & alternative use
U4 · Euclid, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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