3196 25th St Cleveland, OH 44109-1618

Property Details for 3196 25th St

Year built

1929

Construction

WOOD

Lot size

0.10 lot acres

Property size

6,072 SF

Zone code

SI

Property type

Warehouses

APN

007-34-027

APU

734027

Description

This 9,108 square foot, two-story retail building in Cleveland, Ohio, presents a compelling investment opportunity. Located at 3196 W 25th St, it boasts a prime location, just minutes from Metro Health campus and the Tremont District. The property, built in 1929, sits on a 0.1-acre lot (APN 007-34-027) and is zoned for retail use. The building features four identical, recently renovated two-bedroom apartments, each currently generating rental income ($990, $990, $990, and $970 respectively). The substantial first-floor mixed-use space (requiring renovation) offers flexibility; it can be utilized as a single large unit or divided into two separate storefronts (plans available). A large basement (over 3,000 square feet) provides ample potential for additional income streams, such as a coin-operated laundry. The asking price is $325,000, translating to $35.68 per square foot. The all-brick structure is Lead Certified. This property offers significant potential for both rental income and future appreciation. Don't miss this chance to acquire a versatile, cash-flowing asset in a thriving Cleveland neighborhood.