$475,000
About this home
**Great mixed-use investment opportunity on Superior Ave! This prominent three-story brick building offers a versatile combination of two street-level retail/commercial spaces and five upper-level apartments, including two 3-bedroom units and three 2-bedroom units. Current projections show potential annual gross income of $74,376, with upside to approximately $95,232 after improvements, supporting projected cash-model ROI of 10.46% to 12.42% and leveraged ROI of 11.69% to 16.67%, based on seller-provided assumptions. The property features classic architectural details, tall ceilings, large windows, neutral interiors with white trim, and decorative fireplace mantels that add character throughout. The commercial spaces offer excellent renovation potential, with exposed brick, original pressed-tin ceilings, and open layouts ideal for a variety of business uses. Bring your vision and unlock the possibilities for income, business, or redevelopment upside. Commercial spaces and basement available for viewing. Buyer to verify all income, expenses, projections, and permitted uses.**
Property details
- MLS #
- 5205197
- Property type
- Retail
- Subdivision
- A J Harahs
- Status
- Active
- Days on market
- 106
- On market date
- May 5, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.0964 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 253
- Student:teacher ratio
- 11.0:1
- District
- Cleveland Municipal
- Enrollment
- 339
- Student:teacher ratio
- 14.1:1
- District
- East Cleveland City School District
- Enrollment
- 560
- Student:teacher ratio
- 15.6:1
- District
- Cleveland Municipal
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 10 days ago.
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.