988 E 185th Street

Cleveland, OH
$ 139,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

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!

Active

  • Price
  • $ 139,000
  • City
  • Cleveland
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • Cuyahoga
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.1377 Acres
  • Zip
  • 44119
  • Year Built
  • 1942
  • Taxes
  • $ 2647
  • Style
  • MLS#
  • 5083075
Listed By: EXP Realty, LLC.
Data Source: MLSNow

Features

General

Sewer PublicSewer
Heating ForcedAir,Gas
Cooling CentralAir
Possession DeliveryOfDeed
Roof Asphalt,Fiberglass
Year Built 1942
Township Cleveland
Property Subtype Business
Tax Year 2023
Current Use MixedUse,Office
County Cuyahoga
Property Type CommercialSale
Attached Garage false
Subdivision Name Euclid 15
Building Features Lunchroom,PrivateRestrooms
Status Active
Directions N. of I-90
ModificationTimestamp 2026-08-21T16:52:31.203-00:00
City Cleveland
High School District Cleveland Municipal - 1809
Zoning Description Commercial
Lot Size Units Acres
Tax Annual Amount 2647
Building Area Units SquareFeet
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source PublicRecords
Property Sub Type Additional Business
PostalCity CLEVELAND
Legal Description 15

Interior Features

Basement Full,PartiallyFinished,WalkOutAccess
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Fencing ChainLink,Full,Vinyl
Parking Features Driveway,ParkingLot
Water Source Public
Lot Size Area 0.1377
Foundation Details Basement
Number of Buildings 1
Building Area Total 2644
Lot Size Acres 0.1377
Lot Size Source PublicRecords

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Youngstown, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/29/2025 Listed $150,000
9/29/2025 1% - $148,000
4/14/2026 6% - $139,000

Property vs Zip Code Average in 44119

Price
AVG $150K
$140K
Taxes
AVG $2,666
$2,647
Year Built
AVG 1933
1942

Areas That We Cover

988 E 185th Street Cleveland, OH is a Single Family Home for sale at $139000 and a lot size of 0.1377 Acres Acre(s). 988 E 185th Street Cleveland has 0 bedrooms, 0 baths and was built in 1942. The property's zip code is 44119 which is in Cleveland, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.