MLS#5216323
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONRockport Homes
SCHOOLCleveland Municipal - 1809
Property Description
Exceptional investment opportunity in Cleveland's highly sought-after Kamm's Corners district. Ideally positioned just 2 miles from Cleveland Hopkins International Airport, this fully occupied office building offers immediate cash flow with four renovated office suites, all secured by long-term tenants. Designed for passive ownership, the property has been well maintained with improvements completed within the last five years, including a new roof, updated windows, carpeting, and AC system. Ample on-site parking in both front & rear lots with 34 parking spaces, along with adjacent street parking, provides convenience for tenants and visitors alike. With strong visibility, a proven occupancy history, and an attractive 11% cap rate, this turnkey asset presents a rare opportunity to acquire a stabilized income-producing property in one of Cleveland's most desirable commercial corridors.
Property Features
Property Type: Commercial - Business
Cooling: Electric
Heating: Forced Air
Lot Size: 0.48 Acres
Roof Type: Asphalt
Stories: 1.0
Taxes: $12,958 / year
Year Built: 1973
Feature Descriptions
Days on Site: 25
Parcel#: 027-12-005
Parking: On Site, Paved, Parking Lot
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Professional Realty
Agency Contact: chrissy@bhhspro.com, 216-317-3463
Shown By
Agent Name: John Yoder Team
Agent Phone: Cell: (740) 398-2532
Agency Title: Key Realty
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4367 Rocky River Drive | MLS# 5216323
This commercial property located at 4367 Rocky River Drive, Cleveland, OH 44135 is currently listed for sale with an asking price of $585,900. Rocky River Drive is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.johnyoderteam.com today.