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$ 500,000
Est. payment /mo
New
4600 Grand Division AVE Cleveland, OH 44102
9,239 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Rockefeller & Andrews
MLS Listing ID 5260695
HOA Y/N No
Year Built 1926
Annual Tax Amount $11,167
Tax Year 2025
Lot Size 9,239 Sqft
Acres 0.2121
Property Sub-Type Retail
Property Description
Calling all investors! This 9-unit mixed-use brick building offers a strong opportunity to expand your portfolio with 7 residential apartments & 2 retail units, providing multiple income streams & value-add potential.
The residential mix includes four 3-bedroom units, two 2-bedroom units & one 1-bedroom unit. The property also features a brick exterior, rear parking lot & full basement with laundry hookups.
The building is near-turnkey, with minor rent-ready work noted in Units 1, 2 & 3. Interior highlights include LVP flooring in select units, including throughout Unit 4, younger kitchen cabinets in Units 1, 3 & 6, updated bathroom vanities across multiple units & original hardwood flooring in Units 3 & 5, plus the living room of Unit 2. Other features include younger tubs with ceramic surrounds in Units 2 & 6, balcony access in Unit 6, a walk-in closet in Unit 7 & engineered hardwood flooring in Retail Unit 9.
Individual electric & gas meters, furnaces & hot water tanks support independent utility management. Updates include plumbing beneath kitchen sinks in Units 6 & 8, younger electrical components in Unit 8 & updated electrical in Retail Unit 9. The original cast-iron main stack remains in the basement.
Units 1,3, 4 and 8 are currently leased, with the lease of Unit 3 starting on 11-23-26.
Approximately 15 minutes from Downtown Cleveland, this property offers convenient access to major highways & commuter routes, shopping, dining & employment centers. Nearby Garfield Park Reservation features scenic walking & biking trails, picnic areas & outdoor recreation. Schools, neighborhood parks & everyday amenities further support tenant appeal.
Don't miss this mixed-use investment opportunity in Cleveland! With a versatile unit mix, existing improvements, separate utilities & potential for rental income growth, this property offers long-term investment appeal. Schedule your showing today!
No wholesalers. No Seller financing. No low ball offers.
The residential mix includes four 3-bedroom units, two 2-bedroom units & one 1-bedroom unit. The property also features a brick exterior, rear parking lot & full basement with laundry hookups.
The building is near-turnkey, with minor rent-ready work noted in Units 1, 2 & 3. Interior highlights include LVP flooring in select units, including throughout Unit 4, younger kitchen cabinets in Units 1, 3 & 6, updated bathroom vanities across multiple units & original hardwood flooring in Units 3 & 5, plus the living room of Unit 2. Other features include younger tubs with ceramic surrounds in Units 2 & 6, balcony access in Unit 6, a walk-in closet in Unit 7 & engineered hardwood flooring in Retail Unit 9.
Individual electric & gas meters, furnaces & hot water tanks support independent utility management. Updates include plumbing beneath kitchen sinks in Units 6 & 8, younger electrical components in Unit 8 & updated electrical in Retail Unit 9. The original cast-iron main stack remains in the basement.
Units 1,3, 4 and 8 are currently leased, with the lease of Unit 3 starting on 11-23-26.
Approximately 15 minutes from Downtown Cleveland, this property offers convenient access to major highways & commuter routes, shopping, dining & employment centers. Nearby Garfield Park Reservation features scenic walking & biking trails, picnic areas & outdoor recreation. Schools, neighborhood parks & everyday amenities further support tenant appeal.
Don't miss this mixed-use investment opportunity in Cleveland! With a versatile unit mix, existing improvements, separate utilities & potential for rental income growth, this property offers long-term investment appeal. Schedule your showing today!
No wholesalers. No Seller financing. No low ball offers.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Hot Water, Steam
Cooling Central Air
Fireplace No
Exterior
Parking Features Driveway, Parking Lot
Water Access Desc Public
Roof Type Flat
Present Use Multi-Family,Retail
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 134-26-029
Acceptable Financing Cash
Listing Terms Cash
Listed by Michael Azzam • RE/MAX Haven Realty • mike@theazzamgroup.com, 216-446-7606
NEARBY SCHOOL & BUSINESS
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