15724 Detroit Ave, Lakewood OH 44107 Photo 1 15724 Detroit Ave, Lakewood OH 44107 Photo 2 15724 Detroit Ave, Lakewood OH 44107 Photo 3

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15724 Detroit Ave - Multi Use building is the home for Commercial; Willow Salon, The Furry Nation, Circle of Life, The Unlimited Group.Residential;6 apartments, one double & one single family attached.In addition, there are 18 exterior parking spaces & 5 private garage spaces, a basement shop & office. All of the business' have electric & gas meters.The double & single family are independently metered.The 6 apartments are on a boiler & are independently metered for lights & stove.The flat roofs replaced in 2009.75% of the windows have been replaced 2009-2012.the 2 boilers (single family & apartments) were replaced 2009-2010. Electrical mast have been replaced & upgraded to all of the buildings.The meter panels 2009-2013.The parking lot was paved in 2013. It is a sought after residential & commercial rental location.Due to existing business', there are no signs & unscheduled unaccompanied visits to the property are not allowed.No shows will be scheduled without a bank letter confirming qualifications of the buyer.The Unlimited Group has never paid rent.They will be moving upon sale.They occupy over 1000 sq ft of office,5 garages, approx 1500sq ft in basement which includes a finished office.Replacing them with a tenant will impact the RR & expenses.

Listing information

  • MLS® ID: 3699076
  • Status: Sold on 8/11/2015
  • New Construction: No
  • Estimated Annual Taxes: $22,522
  • Style: Commercial
  • Stories: 0
  • Foreclosure: No
  • County: Cuyahoga
  • Year Built: 1928
  • Parking Type Description: On Site 0 cars
  • Lot Area: 0.45


Apartments Type Apartments/Retail
Available Financing Cash
Basement Detail Partial, Partially Finished, Walk-Out
Cooling Type Central Air
Heating Fuel Gas
Heating Type Forced Air, Hot Water/Steam
Location Downtown, Freestanding, Public Transport, Urban
Miscellaneous Features Lunchroom, Meeting/Conf. Room, Private Restroom, Security Lighting, Security System, Sign
Other Assessments YN - 0, Electric - 4536, Elevator YN - 0, Heat - 6246, Homestead Exemption YN - 0, Lawn Snow Maint - 1000, Lot Size Frontage - 123, Num Of Apartments Total - 6, Num Of Units - 9, Office Sq Ft - 1100, Residential SF - 11800, Retail Sq Ft - 8500, Sewer Water - 11273, Trash Rubbish - 7200, Units 1 Bedroom - 4, Units 3 Bedroom - 5
Owner Pays Sewer, Trash Collection, Water
Possession Time of Transfer
Property Subtype Apartment
Retail Type Free Standing
Roof Asphalt/Fiberglass, Rubber, Slate
Tenant Pays Cable/Electric Link, Electric, Gas, Heating
Water Sewer Public Sewer, Public Water
Listing Courtesy of Russell Real Estate Services