Property Listing No Longer Available for Sale

756 E 200th Street, Cleveland, OH

Retail for Sale - $465,000 - 5,600 Sq. Ft.


Property Info

CIMLS#1129509
Location
  756 E 200th Street
  Cleveland OH 44119
UpdatedMarch 9th, 2023
TypeRetail
Price$465,000
Building5,600 Sq. Ft.

Property Description

Amazing Opportunity to Own an All Brick (3) Unit Commercial Building That is fully Occupied by Longterm Tenants. Tenants are a Prime Meat Supplier, a Barber Shop/Lounge and a Beauty Supply Business. Rents are: Prime Meat (5 Yr Lease) - $1,800.00 + $325.00 for taxes & Expenses = $2,125/Month, Barber Shop (3 Yr Lease) - $800.00 + $100.00 for taxes & Expenses = $900.00/Month, Beauty Supply Store (3 Yr Lease) = $800.00/Month. Total Monthly Rents of $3,825.00, Yearly = $45,900.00. Brand New Roof Recently Installed in Summer of 2022 for $25,000.00! Building and Property is very well maintained and Well kept at All Times! All Leases are NNN and are on their Second Lease Renewals Currently. All 3 Businesses are Open and in Business. Please be Extremely Discreet as if you are a Customer! Do Not Ask any questions or Purposely Appear to be Interested in Buying the Property. Discretion is a MUST! Feel free to look anywhere on the exterior and when entering each business you only have access to see what a customer sees. Professional Pictures were taken of the back areas and can be seen again after an accepted offer. Thank You for Showing! Amazing Opportunity to sit back and collect rental Income!


Financials


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