$280,000
Est. payment /mo
5,183 Sqft Lot
New
5425 Fleet AVE Cleveland, OH 44105
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5242264
HOA Y/N No
Year Built 1890
Annual Tax Amount $3,533
Tax Year 2025
Lot Size 5,183 Sqft
Acres 0.119
Property Sub-Type Mixed Use
Property Description
Excellent opportunity to acquire a versatile mixed-use property along Cleveland's Fleet Avenue corridor. This approximately 7,116-square-foot building features a substantial commercial footprint on the first floor (two possible units) with residential space above (two rented apartments currently @$800/mo), offering potential for an owner-user, investor, or entrepreneur with immediate income. The property established mixed-use configuration and LR zoning may accommodate a variety of potential uses, subject to verification by the buyer with the City of Cleveland.
The property presents an opportunity to enhance its existing commercial and residential configuration and maximize its income-producing potential. The upper levels offer additional space that may provide future value through renovation, repositioning, or potential expansion of residential use, subject to all required approvals. The property is convenient with access to surrounding neighborhoods, major roadways, shopping, dining, and other amenities.
The property is being sold as-is. Buyer and buyers agent are responsible for conducting independent due diligence regarding zoning, permitted uses, occupancy, building codes, permits, certificates of occupancy, and any required improvements or approvals. Taxes are accurate as per the county auditor's site.
The property presents an opportunity to enhance its existing commercial and residential configuration and maximize its income-producing potential. The upper levels offer additional space that may provide future value through renovation, repositioning, or potential expansion of residential use, subject to all required approvals. The property is convenient with access to surrounding neighborhoods, major roadways, shopping, dining, and other amenities.
The property is being sold as-is. Buyer and buyers agent are responsible for conducting independent due diligence regarding zoning, permitted uses, occupancy, building codes, permits, certificates of occupancy, and any required improvements or approvals. Taxes are accurate as per the county auditor's site.
Location
State OH
County Cuyahoga
Rooms
Basement Other
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Off Street, Parking Pad
Water Access Desc Public
Roof Type Asphalt
Building
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 131-35-042
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard

Listed by Nicholas Hardy • RE/MAX Above & Beyond • nickhardyrealestate@gmail.com, 440-835-7200
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