10724 Sprague Avenue

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10724 Sprague Avenue

Cleveland, OH 44108
Asking Price
$179K
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail property available for purchase in Cleveland
  • Asset located at 10724 Sprague Avenue in Ohio
  • Total asking price is set at 178500 dollars
  • Positioned within a well established urban commercial corridor
  • Strategic location within the 44108 ZIP code area

What's Special

This retail property at 10724 Sprague Avenue in Cleveland, Ohio, presents a functional space for investors or business owners seeking a foothold in the local market. Cleveland maintains a diverse economy supported by healthcare, manufacturing, and education sectors, providing a steady foundation for neighborhood-level commerce. Situated within a established urban landscape, this asset serves as a viable location for various retail operations, service providers, or specialty shops looking to capture consistent local foot traffic. Investors may find this offering suitable for acquisition as part of a broader portfolio in the Midwest. The property layout and regional demographics support conventional retail use cases, allowing for potential repositioning or immediate occupancy. Proximity to major transit corridors across the metro area facilitates access for customers and logistics, positioning this site as a practical choice within the existing retail landscape of the 44108 ZIP code.

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NOI
$80,000
Cap Rate
44.82%
DSCR
7.55
Strong
Cash-on-Cash
129.60%
Monthly Payment
$883.121
Annual Cash Flow
$69,402.553

Location & Travel Times