6928 Superior Ave - Apartments FOR SALE


Cleveland, OH 44103- Hough
$99,900 USD
330-421-7493
6928 Superior Ave, Cleveland, OH for Sale
$99,900 USD
Apartments - FOR SALE
1/43
null | Request Cap Rate

6928 Superior Ave
Cleveland, OH 44103
Hough


HIGHLIGHTS

  • Mixed-use building with 5 residential units + commercial space
  • Value-add / redevelopment opportunity
  • Large commercial storefront (former restaurant/bar layout)
  • Heavy day-time traffic
  • Priced at $99,000

OVERVIEW

Mixed-use value-add opportunity located at 6928 Superior Ave in Cleveland. This approximately 1900-built building features a large street-level commercial space and five residential units above, offering significant upside for investors or developers seeking a redevelopment project. The residential portion includes five units in varying stages of renovation. One unit is nearly completed, one is partially renovated, and the remaining units have undergone demolition with some rough-in plumbing and electrical started. This provides a head start for an investor to complete the units and bring them to market. The first-floor commercial space was previously configured for restaurant or bar use and offers substantial square footage with an open layout. However, the space is currently not operational and will require a full build-out. The basement is accessible and may be utilized for storage. This is a heavy value-add project and is best suited for experienced investors or contractors. The property is priced to reflect its current condition and the level of work required. Located along Superior Avenue with convenient access to major roadways, employment centers, and surrounding redevelopment areas, the property presents a long-term repositioning opportunity once stabilized.

FOR SALE DETAILS

PRICE

$99,900 USD

PRICE/SF

$5 USD /SF

# OF UNITS

5

PRICE/UNIT

$19,980

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

C-1

APN/PARCEL ID

106-02-009

ASK ABOUT THIS PROPERTY

Caleb BarneySkymount Buys HousesMore Info
330-421-7493

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Caleb BarneySkymount Buys HousesMore Info
330-421-7493

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