2535 Scranton Rd | Cleveland, OH 44113
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- LoopNet Team
2535 Scranton Rd
Cleveland, OH 44113
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This mixed-use multifamily and street-level office/retail provides existing cash-flow with significant upside for both owner/users and investors.
- An easily accessible location near I-90, I-490, and I-71 makes this an ideal location for commuting professionals.
- Within one of Cleveland’s most popular neighborhoods, near top-rated restaurants, beautiful parks, and quality residential neighborhoods.
- Three residential units, all fully leased, provide the upside to bring rents in line with the submarket average, currently exceeding $1,232/month.
- Within 15 mins of major employers, including the Cleveland Clinic, MetroHealth Medical Center, and the headquarters for Sherwin Williams.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,287 SF
Building Class
C
Year Built/Renovated
1910/1940
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.58
Lot Size
0.08 AC
Zoning
SI - Mixed Use - Retail / Apartments
Parking
2 Spaces (0.38 Spaces per 1,000 SF Leased)
Frontage
27’ on Scranton Rd
PROPERTY TAXES
| Parcel Number | 004-11-015 | Improvements Assessment | $35,735 |
| Land Assessment | $3,500 | Total Assessment | $39,235 |
PROPERTY TAXES
Parcel Number
004-11-015
Land Assessment
$3,500
Improvements Assessment
$35,735
Total Assessment
$39,235
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