216-525-1395
807 Literary Ave, Cleveland, OH for Sale
Storefront Retail/Residential - FOR SALE
1/16
null | Request Cap Rate

807 Literary Ave
Cleveland, OH 44113
Tremont


OVERVIEW

Cushman & Wakefield | CRESCO Real Estate is pleased to present the opportunity to acquire a mixed-use investment property located at 807 Literary Road in Cleveland, Ohio. The property consists of three (3) residential apartment units and one (1) street-level commercial suite, providing investors with a diversified income stream in one of Cleveland’s most active and rapidly evolving neighborhoods. This offering presents a rare opportunity to acquire a turnkey mixed-use investment in the heart of Tremont, one of Cleveland’s most sought-after urban neighborhoods. The property consists of three well-maintained residential apartments and a 610 SF ground-floor commercial space occupied by Nirvana Coffee, a local specialty coffee roaster, providing a stable and diversified income stream. Significant capital improvements have minimized deferred maintenance, while below-market residential rents present an opportunity for future income growth. Positioned just steps from Tremont’s premier restaurants, entertainment, and outdoor amenities, the property offers immediate cash flow with long-term appreciation potential.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

C

APN/PARCEL ID

004-16-073

ASK ABOUT THIS PROPERTY

Austin LoveCushman & Wakefield | CRESCO Real EstateMore Info
216-525-1395

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Austin LoveCushman & Wakefield | CRESCO Real EstateMore Info
216-525-1395

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