0 4172-4174-4178 Rocky Riv DrCleveland, OH 44135

Property Details for 0 4172-4174-4178 Rocky Riv Dr

Lot size

0.57 AC

Property size (Sq ft)

11,800 SF

Property type

Mixed-use properties

Property subtype

Other specialty properties

Description

This exceptional mixed-use property, located at 4172-4174-4178 Rocky River Drive in Cleveland, Ohio, presents a compelling value-add investment opportunity. The 11,800 square foot building sits on a 0.57-acre lot and comprises two buildings, each two stories high. The property features a fully leased 6,251 square foot retail space occupied by "Flight Rentals" and "Dante's Pizza," generating consistent rental income. In addition, the property includes six fully leased apartments – three one-bedroom units and three two-bedroom units. The apartments underwent renovations in 2018 and 2023. Recent capital improvements include a new roof and boiler installed in 2024. The property also boasts a three-car garage (880 square feet), offering additional utility. The asking price is $799,000, translating to $67.71 per square foot. The property benefits from high traffic volume due to its prime location in the Kamms Corner District, with convenient access to Interstates 71 and 90. The property's zoning is LR-C1, Local Retail Business. The owner is responsible for water/sewer, gas, real estate taxes, property maintenance, and CAM fees

Location Insight

City

Cleveland

County

Cuyahoga

State

Ohio

Latitude

41.4415

Longitude

-81.8194

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