Log In/Sign Up
Your email has been sent.
807 Literary Ave
Cleveland, OH 44113
Retail Property For Sale


Executive Summary
Cushman & Wakefield | CRESCO Real Estate is pleased to present the opportunity to acquire a mixed-use investment property located at 807 Literary Road in Cleveland, Ohio. The property consists of three (3) residential apartment units and one (1) street-level commercial suite, providing investors with a diversified income stream in one of Cleveland’s most active and rapidly evolving neighborhoods. This offering presents a rare opportunity to acquire a turnkey mixed-use investment in the heart of Tremont, one of Cleveland’s most sought-after urban neighborhoods. The property consists of three well-maintained residential apartments and a 610 SF ground-floor commercial space occupied by Nirvana Coffee, a local specialty coffee roaster, providing a stable and diversified income stream. Significant capital improvements have minimized deferred maintenance, while below-market residential rents present an opportunity for future income growth. Positioned just steps from Tremont’s premier restaurants, entertainment, and outdoor amenities, the property offers immediate cash flow with long-term appreciation potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,436 SF
Building Class
C
Year Built
1900
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.08
Lot Size
0.72 AC
Opportunity Zone
Yes
Zoning
C
Frontage
30’ on Literary Rd
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 004-16-073 | Improvements Assessment | $95,830 |
| Land Assessment | $13,860 | Total Assessment | $109,690 |
Property Taxes
Parcel Number
004-16-073
Land Assessment
$13,860
Improvements Assessment
$95,830
Total Assessment
$109,690
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
