Property Details:

• Property Type: Multi-Family
• Listing Type: Sale
• Year Built: 1900
• Building Size (SF): 2,436
• Square Feet Available: 2,436 SF
• Submarket: Downtown/CBD Area - DN-Z1
• County: Cuyahoga County

• General Information
  • Construction Status: Existing
• Size & Area
  • Building SF: 2,436
  • Land Size (Acres): 0.72
• Height & Structural Specs
  • # Floors: 3
• Parking & Access
  • Parking Spaces: 0
• Mechanical & HVAC
  • AC: Central
• Zoning & Development
  • Parcel Number: 004-16-073

Property Description:

Cushman & Wakefield | CRESCO Real Estate is pleased to present the opportunity to acquire a mixed-use investment property located at 807 Literary Road in Cleveland, Ohio. The property consists of three (3) residential apartment units and one (1) street-level commercial suite, providing investors with a diversified income stream in one of Cleveland’s most active and rapidly evolving neighborhoods.This offering presents a rare opportunity to acquire a turnkey mixed-use investment in the heart of Tremont, one of Cleveland’s most sought-after urban neighborhoods. The property consists of three well-maintained residential apartments and a 610 SF ground-floor commercial space occupied by Nirvana Coffee, a local specialty coffee roaster, providing a stable and diversified income stream. Significant capital improvements have minimized deferred maintenance, while below-market residential rents present an opportunity for future income growth. Positioned just steps from Tremont’s premier restaurants, entertainment, and outdoor amenities, the property offers immediate cash flow with long-term appreciation potential.

More Information:

• 807 Literary Road OM Teaser.pdf

Listing Agents:

Austin Love

Robby Martinelli

Rico A. Pietro, SIOR