Commercial Real Estate for Sale at 8834 Saint Clair Avenue in Cleveland, OH for $145,900

8834 Saint Clair Avenue | Cleveland

Attention Investors! Mixed-Use Opportunity with Strong Value-Add Potential!\r\n\r\nPositioned along the rapidly evolving St. Clair corridor, 8834 St. Clair Ave presents a rare opportunity to reposition a nearly 4,000-square-foot mixed-use property in Cleveland\u2019s St. Clair\u2013Superior neighborhood.\r\n\r\nFormerly used as a church, the property features a large open main-level space that offers flexibility for a variety of commercial, community, or redevelopment uses. Recent capital improvements include a newer roof and waterproofed basement, helping to reduce immediate renovation costs.\r\n\r\nA major value-add component is the second-floor residential unit with a separate entrance, offering 4 bedrooms and 1 full bathroom. Once renovated, this unit has the potential to generate approximately $1,800 per month in rental income, creating an additional revenue stream and enhancing overall return on investment.\r\n\r\nInvestors will appreciate the opportunity to create multiple streams of income by combining commercial use on the main level with residential cash flow above. There is also the potential to purchase the adjacent lot, providing additional parking or future expansion opportunities.\r\n\r\nConveniently located near the Cleveland Cultural Gardens with quick access to major highways, this property is situated in an area experiencing ongoing revitalization and investment.\r\n\r\nWhether you\u0027re a developer, investor, nonprofit, or entrepreneur, this is a compelling opportunity to unlock significant upside in one of Cleveland\u2019s emerging corridors. MLSNow 5190739 Directions to property: Martin Luther King Jr Dr to East Blvd to St. Clair Ave.