Commercial Real Estate for Sale at 2744 Mayfield Road in Cleveland Heights, OH for $639,000

Listing data updated April 24, 2025 - 3:26pm
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2744 Mayfield Road | Cleveland Heights

$639,000 | 0.0 Sq. Ft.

Attention Investors! Prime location \u0026 opportunity to renovate this incredible building.\r\nConveniently located on public transportation, near Little Italy, CWRU, main campus of CC \u0026 UH and minutes to University Circle.\r\nIn addition, it\u0027s close to some of the best restaurants in town.\r\nThere are 10 - 2 BR units, 1 - 1 BR unit and 1 efficiency. Owner pays sewer, water \u0026 gas.\r\nEverything is set up for the new buyer to put in individual meters. \r\nBuyer to assume the POS which is approx. $250k. Much of the work has been completed.\r\nThe City of Cleve. Hts will work with the buyer in establishing a lower POS when they see the buyer\u0027s proposal for renovations - scope of work.\r\n9 out of the 12 of the units are leased. All month to month with no leases. Units are under rented for the area.\r\nThe owner did new sewer \u0026 gas lines from the street to the building.\r\nThis is a great opportunity for cash buyers or those with a rehab loan.\r\nProof of funds or preapproval letter before showing will be approved. Need 24 hours\u0027 notice to show. MLSNow 5099218

Directions to property: On Mayfield Rd, just West of Coventry Rd. \r\nApartment building is on the South side of the street.\r\nCity lots on each side of the building.

MLS Listing ID: 
MLSNow 5099218
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$639,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland Heights
Address: 
2744 Mayfield Road, Cleveland Heights, OH 44106
County: 
Cuyahoga
Latitude: 
41.5107990
Longitude: 
-81.5815350
Directions: 
On Mayfield Rd, just West of Coventry Rd. \r\nApartment building is on the South side of the street.\r\nCity lots on each side of the building.
Public Remarks: 
Attention Investors! Prime location \u0026 opportunity to renovate this incredible building.\r\nConveniently located on public transportation, near Little Italy, CWRU, main campus of CC \u0026 UH and minutes to University Circle.\r\nIn addition, it\u0027s close to some of the best restaurants in town.\r\nThere are 10 - 2 BR units, 1 - 1 BR unit and 1 efficiency. Owner pays sewer, water \u0026 gas.\r\nEverything is set up for the new buyer to put in individual meters. \r\nBuyer to assume the POS which is approx. $250k. Much of the work has been completed.\r\nThe City of Cleve. Hts will work with the buyer in establishing a lower POS when they see the buyer\u0027s proposal for renovations - scope of work.\r\n9 out of the 12 of the units are leased. All month to month with no leases. Units are under rented for the area.\r\nThe owner did new sewer \u0026 gas lines from the street to the building.\r\nThis is a great opportunity for cash buyers or those with a rehab loan.\r\nProof of funds or preapproval letter before showing will be approved. Need 24 hours\u0027 notice to show.
Community Information
School District: 
Cleveland Hts-Univer - 1810
Subdivision: 
Euchts
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1924
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Hot Water,Steam
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.16
Lot Size (Area): 
0.16
Lot Features
Parking Type: 
Off Street,Parking Lot,On Street
Public Record
Parcel Number: 
685-10-005
Annual Tax: 
$29,450.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Jennifer R Woomer
Listing Office Name: 
VSD Realty, LLC.

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