14000 ST CLAIR AVE

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14000 ST CLAIR AVE

CLEVELAND, OH 44110-3503
Asking Price
$400K
Asset Type
Auto Shop Retail
Class
Class B

What's Special

14000 St. Clair Avenue is situated in the Collinwood neighborhood of Cleveland, positioned on a primary east-west commercial corridor. The surrounding area features a mix of residential housing and local business storefronts, contributing to a steady flow of neighborhood traffic. The property offers direct access to Greater Cleveland Regional Transit Authority (RTA) bus lines, which serve the immediate vicinity. It is located approximately one mile from the State Route 2 interchange, providing regional connectivity to downtown Cleveland and the eastern suburbs. Local amenities include nearby public parks, schools, and established community service centers. This retail asset is suited for businesses requiring high visibility and consistent street-shrouded accessibility. Ideal use cases include convenience retail, neighborhood service providers, or small-scale specialty shops. The typical tenant profile includes local entrepreneurs, franchise operators, or service-oriented businesses such as dry cleaners, cellular stores, and quick-service food outlets. Its central location within a developed residential pocket makes it an appropriate site for tenants focusing on essential goods and services for the local population.

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

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