2311 E 55th ST NW Active Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44104
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision W S Chamberlains
MLS Listing ID 5070448
Construction Status Fixer
HOA Y/N No
Year Built 1920
Annual Tax Amount $2,594
Tax Year 2023
Lot Size 8,001 Sqft
Acres 0.1837
Property Description
Unique investment opportunity with this 11,300 SF property includes 1500 SF of retail store front with attached 3-story residential dwelling adjacent to large warehouse. All structures in need of renovation. Owner has made significant improvements that include new roof on the residential dwelling, new 2" waterline service for the entire complex, tuck pointing/reinforcement of masonry chimneys, removal of debris/refuse from buildings, and installation of new concrete along E. 55th Street. Improvements to date in excess of $150,000 is cost. Future possible plans include store front retail use, multi-family apartments, and warehousing. New developments and renovations are currently occurring in the Midtown neighbor. Adjacent to historical church on corner of Central and E. 55th that could be re-purposed for residential use.
Location
State OH
County Cuyahoga
Rooms
Basement Interior Entry
Interior
Heating None
Cooling None
Fireplace No
Exterior
Garage Alley Access
Fence Barbed Wire
Waterfront No
Water Access Desc Public,See Remarks
Roof Type Asphalt
Present Use Unimproved,Vacant
Building
Lot Description Split Possible
Foundation Block
Sewer Public Sewer
Water Public,See Remarks
Construction Status Fixer
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 118-28-002
Acceptable Financing Cash,Conventional,Contract
Listing Terms Cash,Conventional,Contract
Special Listing Condition Standard