3196 25Th StCleveland, OH 44109

For Sale
$325,000

9,108 SF Retail & Apartments, High Cash Flow

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • Asking price: $325,000
  • 9,108 square foot retail building on a 0.1-acre lot in Cleveland, OH
  • Price per square foot: $35.68
  • Built in 1929, two stories, with permitted retail zoning.
  • Features four renovated 2-bedroom apartments generating rental income (rents range from $970-$990).
  • Large first-floor mixed-use space ideal for retail, potentially divisible into two storefronts.

Property Details for 3196 25Th St

Property type
Other retail properties, Retail properties
Square Feet
9,108 SF
Year Built
1929
Stories
2
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4675536
Longitude
-81.7002764
3196 25Th St, Cleveland, Ohio

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3196 25Th St
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