3456 117Th StCleveland, OH 44111

This exceptional mixed-use property in Cleveland, Ohio, presents a compelling investment opportunity. The 6,238 square foot building, constructed in 1920, boasts six residential units and a vibrant first-floor retail space currently housing several popular restaurants, including Assad's Mediterranean Cuisine, Chef Carolyn's Exotic Cuisine, and several others. Located in the thriving Lorain Avenue-W. 117th Street district, this well-maintained property benefits from high historical occupancy rates and a strong rental market, allowing for quicker rent adjustments. The property includes convenient on-site laundry facilities for residents. Its strategic location offers easy access to major transportation arteries, including I-90, I-71, I-480, and Cleveland Hopkins International Airport. Two RTA rapid transit stops are within close proximity, enhancing accessibility. Furthermore, the property is less than a ten-minute drive from Lake Erie and Downtown Cleveland, providing residents with convenient access to recreational and cultural amenities. This investment is situated in a rapidly improving neighborhood experiencing significant recent investment, attracting new food, lifestyle, and entertainment options. The property's strong tenant base and prime location make it an attractive investment in a resilient Cleveland market. The building consists of one structure.