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1369 W 112th StreetCleveland, OH 44102

1369 W 112th StreetCleveland, OH 44102

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$1,975,000 Pending
Commercial - Business MLS 5147606 Pending
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Listed By

Agency Name: Howard Hanna
Agency Contact: marienader@howardhanna.com, 216-407-1974

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Location. Location. Location. Wonderful rare opportunity to own this totally updated 20 unit building located within 5 minutes from downtown Cleveland, 3 minutes from Edgewater park and walking distance to all the shopping and entertainment activities. This building offers 9 two bedrooms 5 one bedrooms and 6 studios. Total potential rent around $20k per month. All 20 units updated with new high quality kitchen cabinets beautiful quartz and granite countertops. New appliances throughout. All 20 bathrooms updated with new vanities, toilets and marble tile. New electrical including meter bases. New plumbing. New hot water tanks. Roof around 5 years old. New life proof flooring. New light fixtures throughout. Vinyl windows. Fresh paint throughout. Don't miss this great opportunity to add this gem to your portfolio. Easy to show anytime. Call for your private tour.

1369 W 112th Street | MLS# 5147606

This commercial property located at 1369 W 112th Street, Cleveland, OH 44102 is currently listed for sale with an asking price of $1,975,000. W 112th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Days on Market: 13
Heating: Hot Water, Steam
Lot Size: 0.21 Acres
Roof Type: Flat
Stories: 3.0
Taxes: $27,388 / year
Year Built: 1920

Feature Descriptions

Parcel#: 001-18-070
Parking: Attached, Driveway, Garage
Sewer: Public Sewer
Units: 20
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 1369 W 112th Street, Cleveland, OH 44102
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

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