Positioned in the heart of Cleveland’s revitalizing Madison corridor, this rare two-building parcel offers a compelling blend of stable income and value-add upside. With four fully leased residential units generating $52,800 annually and two white-box retail spaces ready for occupancy, investors can tap into immediate cash flow while unlocking future growth.
The residential units are generously sized, with each building offering two 3-bedroom layouts—one with 1 bath and the other with 1.5 baths—ideal for long-term tenancy. The retail spaces are primed for customization and feature high-visibility frontage, modern finishes, and an ADT security system already in place.
Located in a walkable, high-traffic area with strong commercial and residential synergy, the property benefits from proximity to downtown Cleveland, major transit routes, and a growing base of local businesses. For developers, the adjacent lots available through the Cuyahoga Land Bank present a rare chance to expand, redevelop, or add parking at minimal cost.
Whether you're seeking a turnkey investment with upside or a strategic redevelopment play, this property delivers flexibility, location strength, and income stability.