1991 45Th StCleveland, OH 44102

This exceptional Cleveland, Ohio property presents a unique redevelopment opportunity. Located at 1991 W 45th St, in the heart of Ohio City, this 2,500 square foot mixed-use building sits on a 2,405 square foot lot (APN 003-34-027). Currently operating as a 100% occupied, single-tenant auto repair shop with assets included, this Class B property offers a compelling 10% cap rate at an asking price of $200,000. The gross lease structure simplifies management. The strategic location at the nexus of Ohio City and Gordon Square makes it ideal for developers seeking to address the area's housing needs. This prime real estate, situated in a targeted development zone, offers significant potential for high-quality construction projects. The one-story building presents a blank canvas for creative vision, capitalizing on the scarcity of available land in this vibrant Cleveland neighborhood. This is a rare chance to acquire a thriving business and valuable real estate in a rapidly growing market. The property's existing use as an auto repair shop provides immediate income potential while offering significant long-term redevelopment possibilities.