1667 E 40th Street 1B-1 Cleveland, OH $ 334,500
1667 E 40th Street 1B-1
$ 334,500
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1667 E 40th Street 1B-1

Cleveland, OH, 44103
$ 334,500
Baths0.0

Monthly Estimate*

$ 2,337

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Studio

Commercial Property for sale in Cleveland, OH

for $334,500. This building was built in 1908 on a lot size of 0.0869.

Waiting to Find the PERFECT Downtown LOFT Unit with Gorgeous Views of the Cleveland Sky Line From the Roof Top Deck and LOADS of Space?? LOOK NO FURTHER! Featuring a generous 3,787 Square Feet in a Modern Urban Setting with Potential to have a SHOWCASE Loft Work Space in "Loftworks", one of Downtown Cleveland's Most Desirable Live/Work Desinations! Loftworks Caters to a Unique Clientele Consisting of Artists, Law Offices, Small Businesses and Elegant Loft Homes...Featuring Condo Units that are Approved for both Full Time Residential Living, Living in Part/Working in Part of the Unit, & can even be Operated as a Fully Commercial Space. Fancy a Convenient Work-From-Home Situation...You Absolutely Will Not Find a Better Fit! Run An Accounting Firm/Law Office/Art Gallery? No Problem! Existing Layout was Setup as a Tutoring School with Various Individual Work Rooms and a Couple Large Open Spaces for Classes/Conferences. *New Bathroom Added 2024* There is a Basic Office Kitchen & Several Drain Stacks & Ready Access to Water Supply Lines w/ Will Allow For Multiple Bathrooms to be Built In if Needed! Currently there are Bathrooms Accessible Just Outside the Unit in the Common Area Available All Hours of the Day. Loftworks Offers Gated Off-Street Parking with One Dedicated Parking Spot for this Unit and Plenty of Additional Off-Street Visitor/Guest Spots! Building is Secured with Automatic Magnetic Locks that Require Either a Key Fob or Entry Code to Enter, so Security is the Priority! Association Takes Care of Water/Sewer Bills, All Exterior & Common Area Maintenance...so Headaches are Minimized! This is a Vibrant Building with a Caring and Dedicated Association that Takes Meticulous Care of the Property! Make This Your DREAM Home OR Create the Perfect Work Space to Inspire the Next Chapter of Your Success! Don't Miss Your Chance...Opportunity Rarely Knocks Twice! Owner Financing Available for Well Qualified Borrowers.

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Commercial Active

Price

$ 334,500

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,753

Style

Lot Size

0.0869

Year Built

1908

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5035600

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Possession DeliveryOfDeed
Roof Rubber
Year Built 1908
Township Cleveland
Unit Number 1B-1
Property SubType Commercial
Tax Year 2023
Current Use Office
Business Type Accounting ArtsandEntertainment AdministrativeandSupport Advertising BarberBeauty Bakery Financial Mixed ProfessionalOffice ProfessionalService
County Cuyahoga
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Loftworks Condo Ph 1
Garage Y/N N
Status Active
Directions Easy to Find! Located at the corner of Payne Ave and E 40th!
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 40th
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 10753.0
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 11
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Legal Description OL 122 UNIT 1-B LOT CONSOLIDATION & LOFTWORKS CONDO PHASE 1
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Exterior
Water Source Public
Lot Size Area 0.0869
Spa N
Building Area Total 3787.0
Lot Size Acres 0.0869
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Internal Only
Street Number 1 1667
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* Excluded Features
List By
Victor Duqum

Listing Agent

Vsd Realty, Llc.

Broker

victor@vsdrealty.com

Email

Affordability Calculator

$3,233
Per Month
72%
28%
0%
Monthly Principal & Interest
$2,337
Monthly Property Taxes
$896
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457612 Elementary School
4457721 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$334,500 Listed Price

Map


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1667 E 40th Street 1B-1, Cleveland, OH, 44103 is a Commercial Property for sale at $334,500 with a lot size of 0.0869. 1667 E 40th Street 1B-1 is a studio with 0.0 baths and was built in 1908. The property's zip code is 44103 which is in Cleveland, OH