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4755 Pearl Rd
Cleveland, OH 44109
Oakpark Motel · Hospitality Property For Sale · 25,361 SF

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.26 AC
Construction Status Converted
Building Size 25,361 SF
No. Stories 2
Year Built 1956
Parking Ratio 1.58/1,000 SF
Corridor Exterior
Zoning C1, Cleveland

About 4755 PEARL RD , CLEVELAND, OH 44109

One of a kind redevelopment opportunity. Rare mixed use building in the heart of Old Brooklyn on Cleveland's west side. Right on the bus line. Over 23,000 sq ft. In the past has been ran as a motel with a few family occupied apartments. The building has 32 motel rooms. 9 One bedroom apartments. 1 Two bed/two bath apartment that sits above a two car garage and has a bonus room that could be used as a third bedroom. 1 two car garage. 1 party room. 1 rec room & 1 commercial laundry room which is open to the residents as well as the public. Other uses include converting the 32 motel suites into studio apartments. Listing agent has spoken to Cleveland council president. The city would be very happy if the building were to be redeveloped into an apartment complex. OWNER FINANCING AVAILABLE! Owner willing to finance for 15 years with $100,000 down. (25 year amortized) Follow @HoltonWise & @jameswisehwpg Near Brookpark rd

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 011-12-009
  • 011-12-010
Land Assessment
$156,600
Improvements Assessment
$397,800
Total Assessment
$554,400
  • Listing ID: 3665280

  • Date on Market: 9/23/2016

  • Last Updated:

  • Address: 4755 Pearl Rd, Cleveland, OH 44109

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