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5007 Clark Ave 4,718 SF 100% Leased Retail Building Cleveland, OH 44102 $319,900 ($67.80/SF) 11.25% Cap Rate
Executive Summary
5007 Clark Ave Cleveland OH FOR SALE- Mixed Use Investment Property
Brings in $3,645 a month and nets $3000 a month. Selling at 11.25% cap rate.
Barber Shop, Clothing stores and 2 apartments. Fully Occupied! Brand new roof and mechanicals. New remodeled!
Set up a showing today!
Brings in $3,645 a month and nets $3000 a month. Selling at 11.25% cap rate.
Barber Shop, Clothing stores and 2 apartments. Fully Occupied! Brand new roof and mechanicals. New remodeled!
Set up a showing today!
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$43,200
|
$9.16
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$43,200
|
$9.16
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $43,200 |
| Annual Per SF | $9.16 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $43,200 |
| Annual Per SF | $9.16 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,718 SF
Building Class
C
Year Built
1910
Price
$319,900
Price Per SF
$67.80
Cap Rate
11.25%
NOI
$35,989
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.98
Lot Size
0.11 AC
Zoning
GR
Parking
3 Spaces (0.63 Spaces per 1,000 SF Leased)
Frontage
44’ on Clark Ave
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 016-11-048 | Improvements Assessment | $30,695 |
| Land Assessment | $3,500 | Total Assessment | $34,195 |
Property Taxes
Parcel Number
016-11-048
Land Assessment
$3,500
Improvements Assessment
$30,695
Total Assessment
$34,195
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5007 Clark Ave