11702 Buckeye RdCleveland, OH 44120

  • Industrial properties
  • 5,982 SF
For Sale
$350,000 View listing

Property Details for 11702 Buckeye Rd

Year built
1916
Construction
WOOD
Lot size
0.13 AC
Property size (Sq ft)
5,982 SF
Zone code
LR
Property type
Industrial properties
Property subtype
Other warehouses
APN
129-18-006
APU
12918006

Description

This exceptional mixed-use property in Cleveland, Ohio, presents a compelling investment opportunity. The 5,983 square foot brick building sits on a 0.13-acre lot and boasts two retail storefronts and six apartments. One storefront is currently leased for $300 per month, enjoying a 10-year tenancy, while the other is vacant and ideal for various retail uses. The six apartments are comprised of three two-bedroom, one-bathroom units and three one-bedroom, one-bathroom units. Three of the two-bedroom units are occupied, with rents ranging from $650 to $725 per month. Two of the one-bedroom units are occupied at $650 per month. One one-bedroom unit is vacant and awaiting a Section 8 tenant. Significant upgrades have been completed, including a full electrical rewiring with hardwired smoke and carbon monoxide detectors, new breaker panels in all units, and updated windows. Each unit features its own furnace, electrical panel, and hot water tank. Rear parking is available. Laundry hookups are on-site. The property benefits from convenient highway access, proximity to shopping, dining, and public transportation. This is a rare chance to acquire a well-maintained, income-producing property with significant upside potential in a desirable Cleveland location.

11702 Buckeye Rd, Cleveland, Ohio

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4806
Longitude
-81.6017
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,482
$3,360
$21,490
$24,850
-
$9,600
$61,400
$71,000

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