1240 E 55th Street Cleveland, OH ^$ 1,405,000

1240 E 55th Street

^$ 1,405,000

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1240 E 55th Street

Cleveland, OH, 44103

^$ 1,405,000

Studio Baths0.0 Sq 44,000

Monthly Estimate*

^$ 9,338

1240 E 55th Street, Cleveland, OH 44103 - Image 1

Studio

Commercial Property for sale in Cleveland, OH

for $1,405,000. This 44,000 square foot building was built in 1950 on a lot size of 1.3602.

Commercial Active

Price

^$ 1,405,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 46,404

Style

Lot Size

1.3602

Year Built

1950

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

4500331

Features

General

Possession DeliveryOfDeed

Year Built 1950

Township Cleveland

Property SubType Industrial

County Cuyahoga

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions Directly located off if I-90 and E. 55th.

City Cleveland

View Y/N N

Senior Community Y/N N

High School District Cleveland Municipal - 1809

Waterfront Y/N N

Carport Y/N N

Street Name 55th

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 46404.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 181

Standard Status Active

Middle/Junior School District Cleveland Municipal - 1809

Elementary School District Cleveland Municipal - 1809

Property Sub Type Additional Industrial

Legal Description 166 003B 10505025

Exterior

Lot Size Area 1.3602

Spa N

Building Area Total 44000.0

Lot Size Acres 1.3602

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Above Grade Finished Area 44000.0

Street Suffix Street

Electric On Property Y/N N

Main Level Bathrooms 0

Above Grade Finished Area Source Assessor

Internal Only

Street Number 1 1240

* Excluded Features

List By

Jeremy P Bates

Listing Agent

Coldwell Banker Schmidt Realty

Broker

jeremy.bates@cbschmidtohio.com

Affordability Calculator

$13,205

Per Month

Monthly Principal & Interest: $9,338
Monthly Property Taxes: $3,867
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Cleveland, OH

Average List Price ^$784,254

Percent of Sale Price 44%

About Cleveland, OH

372,504 Population

-22% Since 2002

^$27,719 Median Income

37.02 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4457612 Elementary School

4457721 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2024	$1,405,000	-6.33%	Price Down
11/15/2023	$1,500,000		Listed Price

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1240 E 55th Street, Cleveland, OH, 44103 is a Commercial Property for sale at $1,405,000 with 44,000 sqft and a lot size of 1.3602. 1240 E 55th Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 44103 which is in Cleveland, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/3/2024.

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1240 E 55th Street

Commercial Property for sale in Cleveland, OH

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