Description
Front and Center at the gateway to downtown Cleveland "The Professional Building" is not easily missed. This 11,762 sq ft building is zoned for mixed usage, partially furnished, and ready for anything. A rare turnkey opportunity to own a piece of the historic downtown at less than $55 a sqft. Formerly used for ministry purposes, building could easily generate a double digit cap-rate with 20+ divided sections rented commercially. Could easliy be converted into a quad plex with 4 addresses, 4 kitchens and an equally divided floor plan. Ready to move into with new kitchen, HVAC, tile, and paint throughout. Attic could easily be finished for an additional 5,000 sqft of storage. Digital blueprints and 3D walk-through available.
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
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4000+SQFT
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$38$/SQFT
School Ratings & Info
Description
Front and Center at the gateway to downtown Cleveland "The Professional Building" is not easily missed. This 11,762 sq ft building is zoned for mixed usage, partially furnished, and ready for anything. A rare turnkey opportunity to own a piece of the historic downtown at less than $55 a sqft. Formerly used for ministry purposes, building could easily generate a double digit cap-rate with 20+ divided sections rented commercially. Could easliy be converted into a quad plex with 4 addresses, 4 kitchens and an equally divided floor plan. Ready to move into with new kitchen, HVAC, tile, and paint throughout. Attic could easily be finished for an additional 5,000 sqft of storage. Digital blueprints and 3D walk-through available.
© 2021 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices J Douglas Properties. Data last updated: 2021-04-20T23:47:25.387.
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