635 W Lakeside AvenueCleveland, OH 44113

635 W Lakeside AvenueCleveland, OH 44113

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$699,000 Active
Commercial - Business MLS 5172226
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Listed By

Agency Name: Berkshire Hathaway HomeServices Professional Realty
Agency Contact: clientcare@taskteamcle.com, 216-276-1626

Shown By

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

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Property Description

Great investment opportunity in the center of the bustling commercial and residential neighborhood in downtown Cleveland! Over 6030 square feet of lower level space with five remodeled and updated condo units, currently fully rented. All units have hardwood flooring and in-suite laundry. All have newer kitchen appliances and 1-2 full baths. The building's amenities include: keyless entry, fitness center, sauna, common roof deck with beautiful views, dog park, and close proximity to all of downtown Cleveland's most notable restaurants & attractions. There is elevator access to all of Cloak Factory and main exit to Johnston at South side. Common areas are available for showings. Please only serious buyers with POF or pre approved. List agent to accompany.

635 W Lakeside Avenue, Unit 126-A | MLS# 5172226

This commercial property located at 635 W Lakeside Avenue, Unit 126-A, Cleveland, OH 44113 is currently listed for sale with an asking price of $699,000. W Lakeside Avenue, Unit 126-A is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: None
Cooling: Central Air
Days on Market: 117
Heating: Gas
Lot Size: 0.17 Acres
Roof Type: Flat, Rubber
Stories: 1.0
Taxes: $13,149 / year
Year Built: 1900

Feature Descriptions

Parcel#: 101-09-535
Parking: Additional Parking
Sewer: Public Sewer
Units: 5
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 635 W Lakeside Avenue, Unit 126-A, Cleveland, OH 44113
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

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