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$ 399,900
Est. payment /mo
New
2024-2032 W Schaaf RD Cleveland, OH 44109
6,438 Sqft Lot
UPDATED:
01/02/2025 03:53 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision South Hill Dev 01
MLS Listing ID 5091328
HOA Y/N No
Year Built 1949
Annual Tax Amount $6,556
Tax Year 2023
Lot Size 6,438 Sqft
Acres 0.1478
Property Description
Exceptional Investment Opportunity! Expand your portfolio with this income-generating commercial property at 2024-2032 W Schaaf Rd. This versatile building offers endless potential, with 2024 W Schaaf Rd serving as a blank canvas ready to be transformed into a restaurant, coffee shop, retail store, or the business of your dreams. All three storefronts are currently leased, ensuring positive cash flow from the start. A dedicated parking lot in the back provides added convenience for customers and tenants alike. Recent updates completed in 2024 enhance the property's appeal: Unit 2024: Interior demolition, new drywall, and fresh paint. Unit 2030: Complete interior demo, new framing, all-new electrical including all wiring, drywall, paint, LVP flooring, updated bathroom, and new lighting throughout. Unit 2032: Interior demo, new drywall, paint, LVP flooring, updated outlets and switches, partial new wiring, plus a brand-new AC system and hot water tank. Don't miss the chance to own a property with great income potential and move-in-ready updates. Whether you're an investor or entrepreneur, this building is ready to deliver results. The owner is a licensed agent in the state of Ohio
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Lot
Water Access Desc Public
Present Use Commercial
Building
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 010-04-037
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Joe Vaccaro • EXP Realty, LLC. • joe@vaccaroteam.com 216-731-9500