This property offers 16,613 sf of warehouse space, complemented by 2,223 sf of office space, 977 sf indoor dock, and a 1,300 sf mezzanine for added functionality.
This is a unique opportunity to acquire a turnkey apartment building with eight one-bedroom, one-bathroom units in one of the nation’s most sought-after rental markets. The property will be completely rented out by the time of transfer so that investors can benefit from a reliable passive income stream. The market rent for a one-bedroom unit is $795/month, while CMHA rates are $1095. Located in West Cleveland, The Bricks Apartments offers convenient access to highways, the international airport, and key employment hubs, ensuring a steady stream of potential tenants.
Size:
5078m²
Property Details:
Type: Multifamily
Unit Mix: 2 one-bedroom; 4 two-bedroom
Investment Highlights:
Current Status: 4 of 6 units are renovated and generating steady income.
Upside Potential: 2 units require full renovation, offering significant potential for increased rental income.
Additional Revenue Opportunity: Potential to further increase income by installing laundry facilities in the basement.
Recent Upgrades:
Occupied Units: Freshly painted
Flooring: New carpet throughout
Bathrooms: Tubs reglazed
Plumbing: Updated
Inspections: Each unit CMHA approved and inspected (3 tenants are CMHA)
Electrical: All new electrical panels
Newly remodeled, modern open-floor space with kitchenette, two bathrooms, and storage space. Plenty of windows create a bright atmosphere. The space could be customized and split into smaller private offices or remain an open floor plan, ideal for conference meetings and events. Situated minutes away from I-90, close to businesses such as ALDI, Eastside Volkswagen Dealership, Marc’s, Eddy’s Bike Shop, Chevrolet Serpentini, Shoppes at Willoughby Hills, to name a few. Competitive leasing rates with options for long-term commitment. Downstairs tenant: Infinite Learning Enrichment Center
Explore the potential of this 1.32-acre property at the intersection of Elyria, Lorain, and Sheffield. The lot consists of two addresses and four parcels – 2396 N Ridge Rd, Elyria, OH 44035 & 3138 W River Rd N, Elyria, OH 44035.
Discover the ideal business setting at 5900 Pennsylvania Ave, offering 6,293 square feet of prime single-tenant office space for lease. This property features ample parking, a full kitchen, two bathrooms, a front desk lobby, plenty of private offices, and meeting rooms. It is conveniently located off Rockside Road and just minutes away from Interstates 480 and 271. Surrounded by thriving business hubs, including car dealerships, distribution centers, and warehouses, this strategically positioned office space is complemented by available tenant improvement dollars, allowing you to tailor the space to your business needs. Whether you\'re a startup or expanding your operations, seize the opportunity at 5900
This prime single-tenant or multi-tenant office space in Westlake presents an exceptional opportunity for your business.