Commercial Real Estate for Sale at 12526 Union Avenue in Cleveland, OH for $270,000

Listing data updated May 13, 2025 - 10:51am
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12526 Union Avenue | Cleveland

$270,000 | 0.0 Sq. Ft.

This well-maintained 6-unit property offers an exceptional investment opportunity with a blend of residential and commercial zoning. The building includes five residential apartments and one flexible commercial space.One apartment was converted into a residential unit. The current owner has made numerous improvements and updates to most water tanks and HVAC systems, ensuring durability and value. The property is fully rented except for one vacant 3-bedroom unit (Unit 4), listed at $950 per month and ready to lease. Tenants enjoy the convenience of owner-paid water, sewer, and trash services. Current rental income ranges from $625 to $1,400 per month. This property is being sold \u0022As-Is,\u0022 with no additional repairs offered by the seller. With strong occupancy history, versatile zoning, and recent updates, this property is a valuable addition to any portfolio. MLSNow 5083988

Directions to property: E 116th to Union Ave

MLS Listing ID: 
MLSNow 5083988
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Contingent
Listing Pricing
Pricing information for this listing.
List Price: 
$270,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
12526 Union Avenue, Cleveland, OH 44105
County: 
Cuyahoga
Latitude: 
41.4633620
Longitude: 
-81.5947760
Directions: 
E 116th to Union Ave
Public Remarks: 
This well-maintained 6-unit property offers an exceptional investment opportunity with a blend of residential and commercial zoning. The building includes five residential apartments and one flexible commercial space.One apartment was converted into a residential unit. The current owner has made numerous improvements and updates to most water tanks and HVAC systems, ensuring durability and value. The property is fully rented except for one vacant 3-bedroom unit (Unit 4), listed at $950 per month and ready to lease. Tenants enjoy the convenience of owner-paid water, sewer, and trash services. Current rental income ranges from $625 to $1,400 per month. This property is being sold \u0022As-Is,\u0022 with no additional repairs offered by the seller. With strong occupancy history, versatile zoning, and recent updates, this property is a valuable addition to any portfolio.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Kelly
Building Details
Details about the building on a property.
Year Built: 
1920
Living Area: 
0.0
Basement: 
Common Basement,Unfinished
Construction
Roof: 
Flat,Rubber
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: 
Forced Air
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.19
Lot Size (Area): 
0.19
Lot Features
Parking Type: 
On Street
Total Parking Spaces: 
0
Fence: 
Chain Link
Public Record
Parcel Number: 
137-03-007
Annual Tax: 
$1,311.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Carly M Sablotny
Listing Office Name: 
Keller Williams Living

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