5384 Saint Clair Avenue, Cleveland, OH 44103 - $890,000

  • Beds: 0
  • Baths:
  • Sq. Feet: 0
  • Days on Site: 12
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5384 Saint Clair Avenue, Cleveland, OH 44103
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Comments for 5384 Saint Clair Avenue, Cleveland, OH 44103

Fantastic Turnkey Property!!! This well cared for mixed use commercial property offers two very nice retail spaces on the street level: a Shoe Repair shop + a fully operating Restaurant! Restaurant space can be used for anything; building will transfer with restaurant portion closing mid summer. The Landmark Restaurant has been a staple for the area for the last 20+ yrs! Buyer can continue this very profitable business OR Use the retail space for another business! Longstanding left retail unit tenant (Shoe Shop) staying! The upper level contains 3 tenant occupied apartments each w/ 2 bedrooms, 1 bull bath, kitchen/living room/dining room + laundry area! Residential units are nicely renovated! Seller retiring! Bonus: Large 2nd parcel to the left of the building-rare for the area-that houses a large asphalt private parking lot for the entire building! 3 separate basements, all spaces are individually metered! Restaurant space offers full operating kitchen/public bathroom/restaurant/diner bar/full office w/ half bathroom/plenty of storage/walk in cooler+freezer + more! Brick Building! Updates include: Full concrete to back side of building, Fully done asphalt parking lot, Parking lot seal coat, Upper level Trexboard deck areas, LVT restaurant flooring, Roof over apartment 3, additional concrete back of bldg/95 ft concrete curb/drywell drainage for parking lot, island topsoil, 2 hot water tanks, Walk-in Cooler + Freezer plus refrigerant/freezer service, ADT alarm system (that stays), 2 newer furnaces, updated restaurant office bathroom/office space and Full renovation to Apartment 3! Tenant and building info in supplements. Apartments and Shoe Shop alone bring in $26,400 rental income/year! Close to shopping, freeway access, seconds from downtown, seconds from Lake Erie access, parks, hospitals and more! Prime Location! This will not last long!

$890,000

Estimated Monthly Payment: $2,860.92 (including taxes & insurance estimates)

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Property Details

City: ClevelandProperty Type: Commercial - Retail
Subdivision: Ranney & Herricks AllotmentLot Size: 0.09 Acres
School District: Cleveland Municipal - 1809Taxes: $7,447
Status: ActiveYear Built: 1910
MLS#: 5207699 

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Property Features

Property Type: Commercial - RetailParcel#: 104-11-009
Basement: Full, Partially FinishedParking: Parking Lot
Basement: YesRoof Type: Asbestos Shingle, Tar/Gravel
Cooling: OtherSewer: Public Sewer
Days on Site: 12Taxes: $7,447
Fencing: Chain LinkUnits: 5
Heating: Forced AirWater: Public
Lot Size: 0.09 AcresYear Built: 1910

School Information

School District: Cleveland Municipal - 1809

Listed By

Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: leilani7b@gmail.com, 440-570-9514

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555

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  • Demographics
  • Walk Score

Cuyahoga County Demographic Information

Fips
Fips Code39035
Population
2020 to 2025 Changedown 2.5%
2010 Count1,280,122
2020 Count1,264,817
2025 Estimate (V2025)1,232,925
2020 Estimate (V2025)1,264,775
Age Distribution (Years Old)
0 to 45.2%
5 to 1720.1%
18 to 6454.2%
65 and Older20.5%
Gender
Male48.0%
Female52.0%
Place of Birth
Foreign7.7%
US92.3%
Education
High School Graduate, Age 25+91.5%
Bachelor's Degree or Higher, Age 25+36.5%
Computer and Internet use
Households with a computer94.0%
Households with a broadband Internet subscription89.5%
Language
English is Second Language, Age 5+12.3%
English is First Language, Age 5+87.7%
Veterans
Veterans54,264
Income
Per Capita Income$42,747
Median Household Income$64,468
People in Poverty14.9%
Commute
Average Work Commute Time24 minutes
Housing
Total Housing Units615,116
Households554,551
Average Household Size2.20
Owner-Occupied59.4%
Multi-Family34.9%
Owner-Occupied Median Value$195,400
Median selected monthly owner costs -with a mortgage$1,570
Median selected monthly owner costs -without a mortgage$671
Median gross rent$1,060
Building Permits
New Private Housing Issued 20241,685
Years at Residence
1 Year or More86.7%
Less Than 1 Year13.3%
Business and Employment
Private non-farm Establishments31,496
Private non-farm Employment681,543
Private non-farm Employment Growthup 0.7%
Nonemployer Establishments110,977
Number of Firms23,160
Business Production
Value of Shipments$23,225,392,000
Wholesale Trade$24,854,217,000
Retail Trade$16,920,714,000
Retail Sales Per Capita$11,914
Accommodation and Food Services$3,332,698,000
Land
Land Area457.19 sq. miles
Population Per Square Mile2,800

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