Property thumbnailProperty thumbnailProperty thumbnail
Active

Retail in Cleveland, OH

15557 Lake Shore Boulevard, Cleveland, OH, 44110

Description

Bedroom

0 Rooms

Bathroom

0 Bath

Square Foot

0 Ft

Lot Size

0.15 Acres

FULLY OCCUPIED Spacious mixed-use investment opportunity offering strong cash flow and long-term upside. This well-maintained property features three residential units and two commercial storefronts, creating a diversified income stream for investors seeking stability and growth. The residential component includes two 2-bedroom units and one 1-bedroom unit, while the commercial spaces provide additional income from established tenants. With current rents generating over $54,000 in gross annual income and an estimated 9% cap rate at the asking price, this property presents an attractive opportunity for both seasoned investors and those looking to add a solid performing asset to their portfolio. The units have been well cared for, helping minimize immediate capital expenditures while providing reliable income from day one. Adding to its appeal, the property offers rear lake views, providing a unique feature rarely found in mixed-use properties and enhancing tenant appeal. Conveniently located near local amenities, shopping, dining, and major transportation routes, this property is positioned to continue attracting both residential and commercial tenants. Whether you're looking to expand your portfolio or secure a cash-flowing asset with a strong return, this mixed-use building deserves a closer look. SELLING AS-IS

Location
Contact Agent

Cleveland Expert Agent

Msgs from HOUSEJET. Msg/data rates may apply. Msg frequency varies. Text STOP to unsubscribe. Text HELP for help.
Submitting this form signifies you agree to our Terms of Service and Privacy Policy.

Additional Listing Details:

8 days on HouseJet

Last Refresh: 06/18/2026 01:00:03 AM UTC

MLS #: 5217231

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Agents: Is This Your Listing?

$435,000

12211 W Texas, Wichita, KS, 67235

4 Bds 3 Ba 3384 sqft
Est.: $2,156/mo

$280,000

2022 S Webb, #254, Wichita, KS, 67207

3 Bds 3 Ba 2382 sqft
Est.: $1,462/mo

$147,000

8419 E Harry St, Wichita, KS, 67207

3 Bds 3 Ba 1548 sqft
Est.: $867/mo

$79,000

320 W 12th St N, Wichita, KS, 67203

2 Bds 1 Ba 892 sqft
Est.: $562/mo

$650,000

6628 S Hydraulic, Wichita, KS, 67216

3 Bds 3 Ba 2663 sqft
Est.: $3,119/mo

$210,000

2945 S Chase Ave, Wichita, KS, 67217-1313

3 Bds 2 Ba 2132 sqft
Est.: $1,149/mo

Listing Agent

Jermaine R Burge

License # 2019000071

Greater Cleveland

Phone: 216-839-5500