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Introducing 483-493 E 260th back to market! A mixed-use commercial space consisting of 3 parcels, 3 conjoined building, 8 unit property, corner lot. 5 ground level commercial spaces and 3 residential apartments. Building is currently 87% occupied, with one vacant store front. When fully occupied, gross rents over $9,000 a month. All retail tenants are responsible for maintenance/repairs on the individual units. All three residential tenants are MTM. Tenants pay their individual utilities along with their portion of water/sewer. Ample concrete parking in the back, completely re-poured a few years back, over $60,000. This property is ideally located on East 260th in Euclid, with quick access to Rt 2 and to the north, Lakeshore Blvd. Amenities include a new school, medical facilities, shopping, a residential location that will bring clients for any commercial use. Recent improvements include $60k parking lot, including an enclosed garbage area, electrical panels updated. Call to schedule today.
Features
Age: Over 50 Years Old
Building Units: 5
Cooling System: Central Air
Cooling System: Wall Unit(s)
Floors: 2
Heating System: Steam
Heating System: Hot Water(Heating)
Heating System: Forced Air
Legal Description: Commercial building with apartments