15557 Lake Shore BLVD, Cleveland, OH 44110
15557 Lake Shore BLVD, Cleveland, OH 44110
15557 Lake Shore BLVD, Cleveland, OH 44110
18
$375,000
$399,900
6.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

6,429 Sqft Lot

15557 Lake Shore BLVD Cleveland, OH 44110

Est. payment /mo
SOLD DATE : 08/06/2026

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $375,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Cody

MLS Listing ID 5217231

Sold Date 08/06/26

HOA Y/N No

Year Built 1900

Annual Tax Amount $6,701

Tax Year 2025

Lot Size 6,429 Sqft

Acres 0.1476

Property Sub-Type Retail

Property Description

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

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace No

Exterior

Water Access Desc Public

Roof Type Flat

Present Use Multi-Family,Retail

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 112-14-025

Financing Other

Special Listing Condition Standard

Read Less


IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Jermaine R Burge • Keller Williams Greater Metropolitan • jburge@kw.com, 216-215-5727
Bought with Non-Member Non-Member • Non-Member

NEARBY SCHOOLS & BUSINESSES

GET MORE INFORMATION

Bob Jackson

Bob Jackson

Agent | OH & WV | License ID: 2012001434,WV0028109

+1(304) 280-1242

Name
Phone*
Message