Ad #6943100
MLS #5083075
Exceptional commercial value! Meticulously maintained, 3-story
988 E 185th St, Cleveland, Ohio, 44119
$139,000
0Beds
0Baths
0Sqft
0.138Acres
About this property
Exceptional commercial value! Meticulously maintained, 3-story office building listed at $139,000 on a heavily traveled Cleveland corridor. Featuring 1,708 SQFT above ground plus an additional 936 SQFT below grade (over 2,600 total usable SQFT), this zoned office property is an investor's dream or perfect for an owner-user looking to stop renting. Currently a long-term, owner-occupied law office. For investors, this property boasts massive cash-flow potential. With 4 separate entrances (front, back, side, and lower level), the building easily subdivides into multi-tenant office suites. Based on area market rents of $14-$18/SQFT, the estimated gross rental potential is $2,500 to $3,200+ per month ($30,000-$38,400+ annually). Factoring in conservative operating expenses, this translates to a projected 14.0% to 17.9% Cap Rate-virtually unheard of in today's market! The interior offers a welcoming lobby, private main-floor office, and full kitchen/cafeteria. The 2nd floor provides 4 private offices and a full bath, while the 3rd level features a private executive suite with tandem access. Hardwood floors are preserved under the carpet. The partially finished lower level adds value with a half bath, mechanicals, additional storage capacity, and a dedicated walk-up exit to the rear lot. Major recent upgrades include a Newer AC (2023), Newer Windows, Roof (2014), and a Newer Concrete Pad. The site also benefits from the City's recent Street Beautification Project with brand-new sidewalks, curbs, and street paving. The exterior features a fully fenced lot with a paved drive and parking for multiple vehicles, backing up to a wooded area. Located next to Fifth Third Bank with immediate access to all major highways. Owner is retiring. Fast occupancy-easy to show!
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1942
0.138 Acres
Parking Lot, Driveway
Asphalt, Fiberglass Roof
Natural Gas, Forced Air
$2,647 / yr property tax
Cuyahoga County
Euclid 15 Community
Additional Photos
Contact Information
Tom Partin
EXP Realty
440-829-4541
Location
Listing Agent: Tom Partin (License #: 2013001969) 440-829-4541
Broker: EXP Realty 866-212-4991 Listing Site
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: EXP Realty 866-212-4991 Listing Site
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jun 3, 2026
Photo Gallery
$139,000
0
Beds
0
Baths
0
Sqft
988 E 185th St, Cleveland, Ohio, 44119
By contacting this agent you agree to these Terms and Conditions.
MLS# 5083075
Exceptional commercial value! Meticulously maintained, 3-story
$139,000
988 E 185th St, Cleveland, Ohio, 44119
0
Beds
0
Baths
0
Sqft
0.138
Acres
$139,000
988 E 185th St, Cleveland, Ohio, 44119
0 Beds
0 Baths
0 Sqft
0.138 Acres
Exceptional commercial value! Meticulously maintained, 3-story office building listed at $139,000 on a heavily traveled Cleveland corridor. Featuring 1,708 SQFT above ground plus an additional 936 SQFT below grade (over 2,600 total usable SQFT), this zoned office property is an investor's dream or perfect for an owner-user looking to stop renting. Currently a long-term, owner-occupied law office. For investors, this property boasts massive cash-flow potential. With 4 separate entrances (front, back, side, and lower level), the building easily subdivides into multi-tenant office suites. Based on area market rents of $14-$18/SQFT, the estimated gross rental potential is $2,500 to $3,200+ per month ($30,000-$38,400+ annually). Factoring in conservative operating expenses, this translates to a projected 14.0% to 17.9% Cap Rate-virtually unheard of in today's market! The interior offers a welcoming lobby, private main-floor office, and full kitchen/cafeteria. The 2nd floor provides 4 private offices and a full bath, while the 3rd level features a private executive suite with tandem access. Hardwood floors are preserved under the carpet. The partially finished lower level adds value with a half bath, mechanicals, additional storage capacity, and a dedicated walk-up exit to the rear lot. Major recent upgrades include a Newer AC (2023), Newer Windows, Roof (2014), and a Newer Concrete Pad. The site also benefits from the City's recent Street Beautification Project with brand-new sidewalks, curbs, and street paving. The exterior features a fully fenced lot with a paved drive and parking for multiple vehicles, backing up to a wooded area. Located next to Fifth Third Bank with immediate access to all major highways. Owner is retiring. Fast occupancy-easy to show!
194 days
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1942
0.138 Acres
EXTERIOR
Parking Lot, Driveway
Asphalt, Fiberglass Roof
INTERIOR
Natural Gas, Forced Air
FINANCIAL & COMMUNITY
$2,647 / yr property tax
Cuyahoga County
Euclid 15 Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
6943100
Viewed
103 times
Listing Status
Active
Added
Nov 21, 2025
Last Refresh
Jun 03, 2026 11:37:01 PM
Listing Information
Data Source
MLS Now
Source Property ID
5083075
Listing Agent: Tom Partin (License #: 2013001969) 440-829-4541
Broker: EXP Realty 866-212-4991 Listing Site
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: EXP Realty 866-212-4991 Listing Site
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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