Other at 5612 Harvard Avenue, Cleveland
1 photo

$999,999

5612 Harvard Avenue
Cleveland, OH 44105
Listed by Jeannette M Charara · Russell Real Estate Services
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1890

About this home

Prime Investment Opportunity! Multiple Income Streams in One Property! Located just one street away from Newburgh Heights and minutes from I-77. This unique mixed use property offers endless potential for investors and entrepreneurs alike. This rare package includes TWO properties in one! The first side features a fully equipped bar with both an adult entertainment license and liquor license included, a hard to find opportunity in a high traffic location with major upside potential. The attached neighboring space is a former pizza shop ready to be revived as a restaurant, carryout, retail space, or converted for another business use. Above the commercial space are two spacious 2 bedroom apartments, creating additional rental income and long term investment value. With multiple revenue opportunities under one roof, this property is perfect for investors looking to maximize cash flow. Prime location, excellent visibility, easy highway access, and tremendous potential make this a deal you don’t want to miss. Opportunities like this are rare, schedule your showing today before it’s gone!

Property details

MLS #
5212534
Property type
Other
Subdivision
Gustave Klaas Sub
Status
Active
Days on market
2
On market date
May 20, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1091 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

ElementaryCharter
Washington Park Community School
0.46 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
179
Student:teacher ratio
89.5:1
District
Washington Park Community School
Middle
Cuyahoga Hts Middle School
1.51 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
176
Student:teacher ratio
17.6:1
District
Cuyahoga Heights Local
HighCharter
Regent High School
1.18 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
225
Student:teacher ratio
32.1:1
District
Regent High School

Walkability

Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

70
Walkable
out of 100
EPA National Walkability Index
11.2 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores8
Parks13
Schools8
Transit stops20
Pharmacies0

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 2 days -- 46 fewer days than Cleveland's current average of 48 days.
For reference, the median list price across 1,625 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$6,172/mo
$200,000 down
$799,999 loan
Principal & interest$5,189
Property tax (est.)$833
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated May 22, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.