3226 Euclid AvenueCleveland, OH 44115

3226 Euclid AvenueCleveland, OH 44115

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$675,000 Contingent
Commercial - Retail MLS 5082977 Contingent

Listed By

Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Exceptional opportunity to restore or redevelop! This magnificent 23-unit, mixed-use commercial building, originally built in 1890, boasts timeless charm with 21 apartments and 2 retail storefronts. Situated on a prime lot with ample parking, this unique property awaits the right vision to bring it back to its original grandeur or creatively repurpose its high-visibility space. The building showcases a blend of historic craftsmanship with stunning architectural details?grand staircases, oversized artisan windows, high ceilings, and intricate woodwork highlight its striking interior. Positioned in a prime commercial corridor, the property offers exceptional street frontage and easy access, ideal for current mixed-use or other redevelopment potential. While this project promises incredible returns, please note that the building has been vacant for several years and is being sold 'as is. The seller's knowledge of the building is limited, and prospective buyers are encouraged to conduct thorough due diligence. Showings are available by appointment only with proof of funds or a letter of credit. Don't miss this rare, affordable chance to transform a historic gem in an unbeatable location.

3226 Euclid Avenue | MLS# 5082977

This commercial property located at 3226 Euclid Avenue, Cleveland, OH 44115 is currently listed for sale with an asking price of $675,000. Euclid Avenue is located within the Euclid City school district. Search Cleveland real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Retail
Days on Market: 469
Heating: Other
Lot Size: 0.30 Acres
Taxes: $19,065 / year
Year Built: 1890

Feature Descriptions

Parcel#: 103-06-006
Sewer: Public Sewer
Water: Public

Local Schools

School District: Euclid City

Demographics

Cuyahoga County Demographic Information for 3226 Euclid Avenue, Cleveland, OH 44115
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
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 Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau