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756 E 200th Street

Cleveland, OH 44119
  • $420,000
  • STATUS: Pending
  • ON SITE: 248 Days
  • MLS #: 4390359
Pending
UPDATED: 25 min ago
$420,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,600
    SQFT
  • $75
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Listing courtesy of Coldwell Banker Schmidt Realty.
Listing information © 2023 YES-MLS.

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!

Monthly Payment Calculator

Listing information © 2023 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Tammy Grogan and Associates at Keller Williams Chervenic Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2023-03-22T17:08:10.887.
www.tammygrogan.com/homes/130977581
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756 E 200th Street Cleveland, OH 44119

  • Price: $420,000
  • Status: Pending
  • On Site: 248 Days
  • Updated: 25 min ago
  • MLS #: 4390359
0
Beds
0
Baths
0
½ Baths
0.28
Acres
5,600
SQFT
$75
$/SQFT
1970
Built
Neighborhood:
Berwick Ext
County:
Cuyahoga
Area:
Cleveland
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!
Exterior Features

Levels One Parking Features AssignedDrivewayOnsiteOutsidePrivate Parking Total 20

Interior Features

Basement None Basement YN No Building Area Total 5600 Building Features Polesign Cooling Centralair Cooling YN Yes Heating ForcedairGas Heating YN Yes

Property Features

Above Grade Finished Area 5600 Lease Considered YN No Listing Terms CashConventional Owner Pays None Ownership Principal/Nr Property Sub Type Retail Sewer Publicsewer Tenant Pays Allutilities Township Cleveland Water Source Public Year Built Details Actual Ybt

Listing information © 2023 YES-MLS.
Listing provided courtesy of Coldwell Banker Schmidt Realty: (440) 327-2123.
Listing information © 2023 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Tammy Grogan and Associates at Keller Williams Chervenic Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2023-03-22T17:08:10.887.
 
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Tammy Grogan and Associates at Keller Williams Chervenic Realty
3333 Massillon Rd. Suite 10
Akron OH, 44312
Listing courtesy of Coldwell Banker Schmidt Realty.
Listing information © 2023 YES-MLS.