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Investment Highlights
- Corner lot with high traffic counts intersection of Literary Road and W 10th Street.
- Contact broker for pricing information.
Executive Summary
Financial Summary (Pro Forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$61,200
|
$25.13
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$3,060
|
$1.26
|
| Effective Gross Income |
$58,140
|
$23.88
|
| Taxes |
$6,680
|
$2.74
|
| Operating Expenses |
$3,683
|
$1.51
|
| Total Expenses |
$10,363
|
$4.26
|
| Net Operating Income |
$47,777
|
$19.62
|
Financial Summary (Pro Forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $61,200 |
| Annual Per SF | $25.13 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $3,060 |
| Annual Per SF | $1.26 |
| Effective Gross Income | |
|---|---|
| Annual | $58,140 |
| Annual Per SF | $23.88 |
| Taxes | |
|---|---|
| Annual | $6,680 |
| Annual Per SF | $2.74 |
| Operating Expenses | |
|---|---|
| Annual | $3,683 |
| Annual Per SF | $1.51 |
| Total Expenses | |
|---|---|
| Annual | $10,363 |
| Annual Per SF | $4.26 |
| Net Operating Income | |
|---|---|
| Annual | $47,777 |
| Annual Per SF | $19.62 |
Property Facts
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Mixed-use owner/user or value-add investment opportunity located in the heart of Tremont, one of Cleveland’s most walkable and sought-after neighborhoods. The 2,200 SF triplex property offers retail, office, and residential income potential, with 518 SF to 1,025 SF of street-level retail or office space featuring direct frontage on West 10th and Literary Avenue. The flexible layout allows for owner-occupancy, live/work, or full investment use, and includes a full basement ideal for tenant storage, inventory, or back-of-house use. There is also an opportunity to activate outdoor space as a courtyard or patio for retail users. The property is minutes from Downtown Cleveland, Ohio City, and major highway access.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,435 SF | Retail | - | Now |
1st Floor
| Size |
| 2,435 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 2,435 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Mixed-use owner/user or value-add investment opportunity located in the heart of Tremont, one of Cleveland’s most walkable and sought-after neighborhoods. The 2,200 SF triplex property offers retail, office, and residential income potential, with 518 SF to 1,025 SF of street-level retail or office space featuring direct frontage on West 10th and Literary Avenue. The flexible layout allows for owner-occupancy, live/work, or full investment use, and includes a full basement ideal for tenant storage, inventory, or back-of-house use. There is also an opportunity to activate outdoor space as a courtyard or patio for retail users. The property is minutes from Downtown Cleveland, Ohio City, and major highway access.
Nearby Major Retailers
Property Taxes
| Parcel Number | 004-12-011 | Total Assessment | $85,260 (2025) |
| Land Assessment | $13,125 (2025) | Annual Taxes | $6,680 ($2.74/SF) |
| Improvements Assessment | $72,135 (2025) | Tax Year | 2024 |
Property Taxes
Presented by
Tremont
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