3471 W 41st St - Storefront Retail/Residential FOR SALE


Cleveland, OH 44109- Clark-Fulton
$440,000 USD
330-722-5002
3471 W 41st St, Cleveland, OH for Sale
$440,000 USD
Storefront Retail/Residential - FOR SALE
1/12
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3471 W 41st St
Cleveland, OH 44109
Clark-Fulton


OVERVIEW

Asking Price: $440,000.00 Available: 2,248 SF (1st Floor Retail | 2nd Floor Apt.) Price per SF: $195.72 SF 2nd Floor Residential Tenant Pays $1,145.00/MO Starting August 1st 2025 - Annual = $13,740.00 Retail Storefront Consists of an Open Floorplan Concept with Beautiful Exposed Beam Design and ADA Compliant Restroom Ideal for Retail, Office Space, Café, Boutique, Specialty Shop or Creative Studios. Zoning: GR-C1 - General Retail Business with Neighborhood Commercial High Visibility & Foot Traffic in Cleveland’s Vibrant Clark-Fulton Neighborhood Built in 1910 IMPROVEMENT LIST: 1. All new HVAC including duct work, furnaces, and air conditioning, separate systems for commercial and residential. All work was commercial level grade completed via BNK contractors 2. Brand new roof 3. All brand new windows replaced in the entire building / additional windows added for more light into the building 4. Commercial unit was gutted from the studs 5. All new drywall and ceiling (firewall as per city code between units) and opened up (open floor plan concept) 6. City Inspected from the beginning and approved all work completed for rent with occupancy at City Code levels 7. High-end stonework aesthetic in the front added 8. All new electrical / wiring completed for both units (entire building) / upgraded and modernized 9. All new light fixtures, recess lighting, and great access lighting and outlets for modern business 10. Brand new paint 11. All brand new plumbing in the entire building with new commercial bathroom for business 12. The Top unit was gutted as well. 13. Brand new kitchen with granite countertops, new cabinetry, dishwasher, etc. 14. Balcony and stairway secured in the back / usable for back tenant 15. Washer / Dryer room on 2nd level added to the unit for convenience 16. Floors sanded and restained (originals) 17. Goose light aesthetics added to the outside of the building 18. Drive way access and also opportunity for open patio use on the side of the building (depending on business model) 19. Basement - Storage of additional 1,120 square feet to be used per commercial owner's discretion / Cleaned and Tucked for dryness and security

FOR SALE DETAILS

PRICE

$440,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

GR-C1

APN/PARCEL ID

015-07-026

ASK ABOUT THIS PROPERTY

Morgan FaunceGerspacher Real Estate GroupMore Info
330-722-5002

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Morgan FaunceGerspacher Real Estate GroupMore Info
330-722-5002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.