Commercial Real Estate for Sale at 4316 Pearl Road in Cleveland, OH for $1,075,000

Listing data updated June 6, 2025 - 9:35pm
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4316 Pearl Road | Cleveland

$1,075,000 | 0.0 Sq. Ft.

CALLING ALL INVESTORS \r\nJust starting out or growing your portfolio. Check out this 16 Unit \r\nLarge ALL BRICK mixed use located in great neighborhood with solid rental demand in the heart of Old Brooklyn. A stone\u0027s throw from Metro health and minutes to Cleveland\u0027s downtown.\r\n\r\nThis well kept and professionally managed multi-family 12 apartments up w/ 4 retail shops total of 16 units located in Old Brooklyn\r\nand just North of I-480 just minutes to Cleveland\u0027s downtown on Pearl Avenue.\r\n\r\n16 Unit composed of :\r\n3) 1 - Bed / Bath, 2) 3 - Bed/1 Bath, 6) 2 - Bed / 1 Bath, 1) Studio / 1 Bath and. 4) retail shops at\r\nstreet level w/ basement access for value add. All Retail face Pearl Ave. with high traffic count\r\nand visibility.\r\n\r\nMany units have had floor, kitchen, bath upgrades. 4 units on 2nd floor have small balconies on\r\nPearl Rd side and all Spokane units have small porches for added value in rentals.\r\n**Many of the rents have been in place and there is room for increases (See Rent Comps in Marketing . **\r\n** Ask your agent for Income \u0026 Expenses Posted with listing ** \r\n\r\nPlease see the local rental comps ask your agent for info**\r\n\r\nAll units have individual furnaces, separate electric and gas meter. Owner pays only water/sewer and maintenance.\r\nHeating: GFA Furnaces (each unit)\r\n\r\n**Several furnaces have been replaced/added and less than 10 years**\r\n\r\nRoof: Flat rolled asphalt ~ about 15 years.\r\nParking: Street Only MLSNow 5118404

Directions to property: Off of Pearl Rd. at corner of Pearls and Spokanne

MLS Listing ID: 
MLSNow 5118404
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: 
$1,075,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Mixed Use
Primary Market Area: 
Cleveland
Address: 
4316 Pearl Road, Cleveland, OH 44109
County: 
Cuyahoga
Latitude: 
41.4380650
Longitude: 
-81.7080550
Directions: 
Off of Pearl Rd. at corner of Pearls and Spokanne
Public Remarks: 
CALLING ALL INVESTORS \r\nJust starting out or growing your portfolio. Check out this 16 Unit \r\nLarge ALL BRICK mixed use located in great neighborhood with solid rental demand in the heart of Old Brooklyn. A stone\u0027s throw from Metro health and minutes to Cleveland\u0027s downtown.\r\n\r\nThis well kept and professionally managed multi-family 12 apartments up w/ 4 retail shops total of 16 units located in Old Brooklyn\r\nand just North of I-480 just minutes to Cleveland\u0027s downtown on Pearl Avenue.\r\n\r\n16 Unit composed of :\r\n3) 1 - Bed / Bath, 2) 3 - Bed/1 Bath, 6) 2 - Bed / 1 Bath, 1) Studio / 1 Bath and. 4) retail shops at\r\nstreet level w/ basement access for value add. All Retail face Pearl Ave. with high traffic count\r\nand visibility.\r\n\r\nMany units have had floor, kitchen, bath upgrades. 4 units on 2nd floor have small balconies on\r\nPearl Rd side and all Spokane units have small porches for added value in rentals.\r\n**Many of the rents have been in place and there is room for increases (See Rent Comps in Marketing . **\r\n** Ask your agent for Income \u0026 Expenses Posted with listing ** \r\n\r\nPlease see the local rental comps ask your agent for info**\r\n\r\nAll units have individual furnaces, separate electric and gas meter. Owner pays only water/sewer and maintenance.\r\nHeating: GFA Furnaces (each unit)\r\n\r\n**Several furnaces have been replaced/added and less than 10 years**\r\n\r\nRoof: Flat rolled asphalt ~ about 15 years.\r\nParking: Street Only
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Brooklyn Realty Cos Sub
Building Details
Details about the building on a property.
Year Built: 
1912
Living Area: 
0.0
Basement: 
Full
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
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.22
Lot Size (Area): 
0.22
Lot Features
Parking Type: 
Paved
Public Record
Parcel Number: 
014-15-076
Annual Tax: 
$22,396.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
James P Matheos
Listing Co-Agent Name: 
Debbie S Matheos
Listing Office Name: 
Keller Williams Citywide
Listing Co-Office Name: 
Keller Williams Citywide

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