988 E 185th Street, Cleveland, OH, 44119

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$139,000
565 Days On Site

988 E 185th Street
Cleveland, OH 44119

For Sale|Business|Active
0
Beds
0
Total Baths
2,644
SqFt
$53
/SqFt
1942
Built
Subdivision:
Euclid 15
County:
Cuyahoga
Call Now: 330-440-3253
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330-440-3253
988 E 185th Street988 E 185th Street988 E 185th Street988 E 185th Street
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Monthly Payment (Est.)

$634
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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!

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Listing Snapshot
Price 
$139,000
Days On Site 
565 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,644 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1377 Acres
Year Built 
1942
MLS® Number 
5083075
Status 
Active
Property Tax 
$2,647
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoPrice changed to $139,000
a month agoListing updated with changes from the MLS®
2 years agoListing first seen on site
General Features
Acres 
0.1377
Additional Property Use 
Mixed UseOffice
Building Features 
LunchroomPrivateRestrooms
Parking 
DrivewayParking Lot
Property Sub Type 
Business
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2644
Water Source 
Public
Zoning 
Commercial
Interior Features
Basement 
FullPartially FinishedWalk-Out Access
Cooling 
Central Air
Heating 
Natural GasForced Air
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Exterior Features
Fencing 
FencedChain LinkFullVinyl
Roof 
AsphaltFiberglass
Community Features
Financing Terms Available 
CashConventional
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Tom Partin of EXP Realty, LLC.



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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