5612 Harvard AveCleveland, OH 44105

For Sale
$750,000

Cleveland Retail & Residential Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional mixed-use investment property, located at 5612 Harvard Ave in Cleveland, Ohio, presents a unique opportunity. The offering encompasses two buildings totaling 7,948 square feet on a 0.218-acre lot. The main building, 5612 Harvard Ave, is currently operating as an adult entertainment establishment, complete with a liquor license and a recently remodeled bar area. The attached building, 5610 Harvard Ave, offers a former pizzeria space on the ground floor and two, two-bedroom apartments on the upper level. The property boasts a Class B designation, multi-tenancy, and sits within the LR-D2 permitted zoning district. Built in 1890, the two-story structures provide a solid foundation for continued operation or potential redevelopment. The property's prime location in Cleveland's 44105 zip code, with APN numbers 13222007 and 13222006, offers significant potential for future growth and return on investment. This is a rare chance to acquire a well-situated, income-producing property with diverse revenue streams. The asking price is $750,000. Serious inquiries only.

Highlights

  • Exceptional mixed-use investment property totaling 7,948 square feet on a 0.218-acre lot in Cleveland, OH.
  • Main building (5612 Harvard Ave) operates as an adult entertainment establishment with a liquor license and recently remodeled bar.
  • Attached building (5610 Harvard Ave) features a former pizzeria and two 2-bedroom apartments.
  • Class B property with multi-tenancy in the LR-D2 zoning district.
  • Two-story buildings (built 1890) offer redevelopment potential.
  • Located in Cleveland's desirable 44105 zip code; APNs 13222007 & 13222006.

Property Details for 5612 Harvard Ave

Property type
Other retail properties, Other mixed-use properties
Square Feet
7,948 SF
Class
B
Year Built
1890
Buildings
2
Stories
2
Lot Size (sq. ft)
9,496 SF

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4482013
Longitude
-81.6499457
5612 Harvard Ave, Cleveland, Ohio

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5612 Harvard Ave
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