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$550,000
Est. payment /mo
6,446 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5221262
HOA Y/N No
Year Built 2017
Annual Tax Amount $7,306
Tax Year 2025
Lot Size 6,446 Sqft
Acres 0.148
Property Sub-Type Retail
Property Description
Prime opportunity to own a highly visible freestanding retail building in the heart of Cleveland's thriving West Side commercial corridor. Located on bustling W. 117th Street just north of Lorain Avenue, this well-positioned property offers exceptional exposure, strong traffic counts, and easy access to I-90, Downtown Cleveland, Lakewood, and surrounding neighborhoods.
The property is currently occupied by a wireless and gift shop operating under a NNN lease with approximately two years remaining, providing immediate income potential for investors. The building sits on a generously sized lot and features an expansive rear parking area with approximately 15 dedicated parking spaces, a rare amenity in this high-demand urban location. New flat roof (2 years) - Prominent building signage, excellent street frontage, and strong visibility make this an ideal long-term retail investment.
Surrounded by national retailers, restaurants, service businesses, and dense residential neighborhoods, this property benefits from a strategic location in one of Cleveland's most active commercial districts. Whether you're seeking stable income, future owner-user potential, or a value-add investment in a prime corridor, this property offers outstanding flexibility and upside.
The property is currently occupied by a wireless and gift shop operating under a NNN lease with approximately two years remaining, providing immediate income potential for investors. The building sits on a generously sized lot and features an expansive rear parking area with approximately 15 dedicated parking spaces, a rare amenity in this high-demand urban location. New flat roof (2 years) - Prominent building signage, excellent street frontage, and strong visibility make this an ideal long-term retail investment.
Surrounded by national retailers, restaurants, service businesses, and dense residential neighborhoods, this property benefits from a strategic location in one of Cleveland's most active commercial districts. Whether you're seeking stable income, future owner-user potential, or a value-add investment in a prime corridor, this property offers outstanding flexibility and upside.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Garage
Roof Type Composition
Present Use Retail
Garage true
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 021-22-005
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Listed by Jamie Samaha • Howard Hanna • jamiesamaha@howardhanna.com, 216-925-2063
Nearby Locations
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