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Listed by David S Sharkey of Progressive Urban Real Estate Co (dsharkey@progressiveurban.com 216-533-1617)
100% occupied mixed use building with a retail lease through October 2028, residential leases through September 2025 and a gross income of $36,600! Property consists of a storefront with two retail bays occupied by the same tenant, a small first floor two bedroom apartment down and a large two bedroom apartment up. The residential apartments have both been updated and have baseboard heating. There is a basement under the storefront with an updated full bath, storage and utilities. The building sits on a nice size lot offering outdoor space to tenants and the possibility of parking off the rear alley. This part of Clark Avenue has an active retail presence and seeing a major investment with a new Clark Elementary school just 2 blocks away. Easy access to downtown and University Circle via I-90, minutes to Ohio City, Tremont and Steelyard Commons by car or bike. Public transportation right outside the front door!

Property Details of 5011 Clark Avenue

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Based on information submitted to MLS Now as of October 12, 2024 9:27 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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