1557 Saint Clair Avenue Northeast

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1557 Saint Clair Avenue Northeast

Cleveland, OH 44114
Asking Price
Contact for price
Asset Type
Flex Industrial
Class
Class B

What's Special

100% Occupied Cleveland Industrial Flex Asset | Immediate Cash Flow + Value Add Opportunity <ul><li>​<strong>Major Venue Access:</strong> Less than 1 mile from the Cleveland Browns NFL (Huntington Bank Field), Guardians MLB (Progressive Field), and Cavaliers NBA (Rocket Mortgage FieldHouse) with a combined 121,904 seating capacity and approximately 5.1M annual visitors.</li><li>​<strong>Historic Downtown & Lake Erie Access:</strong> Part of the Historic and densely populated downtown, less than 1 mile from Lake Erie.</li><li>​<strong>Value-Add Opportunity: </strong>Several short-term a

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times