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$110,000
5700 Highland Avenue, Elmwood Place, OH 45216
About this home
Mixed-use corner asset offering substantial value-add potential. Ground floor consists of an operating retail space with beer, wine, and lottery licenses in place (inventory sold separately) and a studio residential unit. The second floor includes two 2-bedroom, 1-bath units. The studio is in non-finished condition and requires full renovation. The second-floor units have been stripped to the studs and are ready for full redevelopment. Full basement provides additional utility space, housing mechanical systems, storage, and infrastructure to support both commercial and residential components. Separate meters for each unit. Property is being sold as-is. Ideal for an experienced investor seeking to reposition and maximize income across both commercial and residential components. Buyer to verify zoning, permitted uses, and transferability of licenses.
Facts & features
Property
- Property Type
- Commercial Sale
- Year Built
- 1920
- Lot Size
- 0.06 acres
Listing details
- Price
- $110,000
- Status
- Active
- Days on Market
- 124
- MLS Number
- 1877163
- Listing Agent
- Svetlana Petrova
- Brokerage
- Plum Tree Realty
Features
- Style
- Investment
- Basement
- Full
- Heating
- Natural Gas, Forced Air
- Cooling
- Wall Unit
- Roof
- Shingle, Composition
- Sewer
- Public Sewer
- Water
- Public
Location
Elmwood Place, OH 45216
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