$300,000

560 E 200th Street, Euclid OH, 44119

Price per sqft$82.30

Built in1928

Property size3,645 sqft

Property typeCommercial

Overview

Active

Listed Sep 30, 2026

Updated 12 days ago

Mixed-use investment on Euclid's E 200th St commercial corridor. This two-story brick building has two street-level retail storefronts and three apartments on one title, giving you both residential and commercial income from a single asset. Apartment rents are $625–$649/mo, and the pro forma assumes $999/mo per storefront, for gross scheduled income of $46,764/yr. Using 5% vacancy and 8% management, projected NOI is $27,830, a 9.3% cap rate at list price. With 25% down at 7% on a 30-year loan, projected DSCR is 1.55 and cash-on-cash return is 13.2%. Retail space updated with new flooring and restroom. Full basement. On-site parking. Professionally managed. Rent roll and leases available to qualified buyers.

Other Property Details

Taxes: $4,607
Tax Frequency: Annually
Secondary Association Fee: $2,400
Garage: Yes

Courtesy of Smartland, LLC.

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