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Property profile & analytics
FOR SALE
Auto shops

6720 Harvard Ave Cleveland, OH 44105

598 SF 0.16 ac lot Built 1968
Entity Owned 9-yr Hold Free & Clear
Property ID
US66-1828414
Property summary
AI-generated overview

This exceptional 500-square-foot retail property, ideally situated at 6720 Harvard Avenue in Cleveland, Ohio, presents a unique investment opportunity. Classified as both an auto shop and storefront, this versatile space offers significant potential for a variety of businesses. The property's location at the corner of Harvard Avenue and E. 68th Street ensures high visibility and accessibility, attracting significant foot and vehicle traffic. The building itself is a standalone structure, providing ample space for both retail operations and potential automotive services. The address is 6720 Harvard Avenue, Cleveland, OH 44105, within Cuyahoga County. A key advantage is the possibility of combining this property with the adjacent 6700 Harvard Avenue, resulting in a substantial 0.54-acre combined lot. This expansion potential significantly enhances the property's value and allows for larger-scale development or expansion of existing operations. The property's zoning and permitted uses should be verified independently. This is an excellent opportunity for entrepreneurs seeking a well-located, adaptable commercial space in a thriving Cleveland neighborhood. The property is ready for immediate occupancy, offering a turnkey solution for businesses seeking a strategic location with high visibility and growth potential. Detailed property information, including precise dimensions and zoning details, is available upon request.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1968
Construction TYPE NOT SPECIFIED
Total area 598 SF
Lot 0.16 ac (7,021 SF)
Zoning code GR
APN 132-24-017
UPID US66-1828414
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
Current use
Occupant on record · Public records
  • Team Ferrari Auto Sales Car Dealership
  • My Three Son's Auto Sales Inc. Car Dealership
  • Inc Auto Inc Sales Car Dealership
  • U-Haul Neighborhood Dealer Car Rental Facility
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
Havpay LLC · 9 yrs held
Havpay LLC
since 2017
2 recorded transactions
2017
Price N/A
2011
$35,987
Zoning & alternative use
GR · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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