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Property Description

A rare opportunity to acquire a fully renovated 134-unit apartment building with 5 retail storefronts, ideally located just blocks from the highly sought-after Lakewood neighborhood! This expansive property has recently completed a full interior and common area renovation, featuring modern vinyl flooring, stylish kitchen and bathroom upgrades, fresh paint, and updated amenities throughout. Offering a mix of studios, one-bedrooms, and two-bedroom units — all with consistent, contemporary finishes — the building is experiencing a strong lease-up phase after their recent construction overhaul, thanks in part to an on-site leasing agent. Of the five retail storefronts, three are white-boxed and ready for new tenants, while one is currently leased on a month-to-month basis at under-market rent. The owner currently pays all utilities, and the building operates on a boiler heat and water system — a major value-add for tenants that enhances appeal. Tenants enjoy the unbeatable value of living steps away from Lakewood at a more affordable price point, making this an exceptional investment with upside potential. Seller is open to offering short-term seller financing with attractive terms: 24-month interest-only financing at 6% up to 20% of the purchase price.

Features
: Hot Water, Steam
Address Map
OH
Cuyahoga
Cleveland
Clifton
11118
Boulevard
44102
W82° 14' 14.7''
N41° 29' 12.4''
Property Details
Active
Russell Real Estate Services
Tal Tamir
2018001908
2759
001-19-089
: Flat, Composition
: Public Sewer
: Public
$102,235
20/05/2025 16:18:30
No
No
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11118 Clifton Boulevard, Cleveland, Ohio

Commercial Sale For Sale

0.75 Sqft
$8,500,000
Listing ID #5115362
Basic Details
Property Type : Commercial Sale
Property Sub Type : Retail
Listing Type : For Sale
Listing ID : 5115362
Price : $8,500,000
Year Built : 1910
Lot Area : 0.75 Sqft
Current Use : Residential,retail,single Family
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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