Cleveland, OH 44104,2311 E 55th ST NW
Cleveland, OH 44104,2311 E 55th ST NW
Cleveland, OH 44104,2311 E 55th ST NW
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$199,000
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8,001 Sqft Lot
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2311 E 55th ST NW Cleveland, OH 44104

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UPDATED:

09/30/2024 05:03 PM

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

Parking Type Alley Access

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


Listed by Rick Osborne • Keller Williams Greater Cleveland Northeast • rick.osbornejr@kw.com 440-299-5190

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Kristine Roberts

Agent | License ID: c27336

+1(304) 914-9340

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2311 E 55th ST NW