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  • Area 34656 sq ft
  • Floors

Description

This Grand "Lady" sits at the corner of one of the busiest corners in Shaker Heights. With 8 retail spaces fully leased and 15 one bedroom apartments and 5 efficiency apartments it has over 10% return on investment. Great investor building that has been well maintained. Ready for your buyer. All of the retail space is presently leased and the 20 apartments have 3-4 vacancies. Outstanding building that is very impressive where it is located in this upscale suburb. Directly across from Rapid Transit Station.

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Exterior Property Information

  • Sale Status: Expired
  • Parking Spaces: 50
  • Parking Ratio: 2 space(s) / 1,000 ft.2
  • Net Operating Income: 145065 space(s) / 1,000 ft.2
  • Price: $1,595,000.00
  • MLS: 2491077
  • Occupancy Rate: 95 %
  • Property taxes: $ 36362
  • Year Built: 1925
  • Number of units: 29
  • Class type: A
  • Zoning: Commercial

Exterior Features

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