4100 Cleveland Avenue NW

Fantastic investment opportunity bringing in $2,975/month! This versatile property is zoned B-3-general business & is in Plain Local School district. It houses a retail shop, beauty salon, tax/bookkeeping service, & speech pathologist. The beauty salon has leased for 50 years & includes a spacious working area, 3 shampoo bowls, 5 chairs, half bath & small kitchen. Tenant pays $600/month but projected rent for that space is $1,000/month. The tax service has leased for 26 years & includes 2 offices & a waiting room. Rent is $575/mo. The speech pathologist rents a 10.5' X 18.5' office in the basement for $300/month. There are 2 half baths in the lower level which all tenants use, one with new vanity & sink. The additional approximately 1,185 sq. ft. is home for a retail shop, including display space, full bath, kitchen & laundry room on the first floor & a second floor with BR & storage. It is currently rented for $1,500/month through Sept. 2024 & $1,600/month through September 2025. Owner pays utilities. There are 3 furnaces, 3 air conditioning units plus a window unit, & 1 hot water tank. Updates in last 18 months: new roof, fresh paint throughout, 9 new windows & lentils, sidewalk, steps & handrail at all 3 entrances, awning at side entrance, picket fence, parking lot sealed & lined, custom made stained glass window inserts. The retail shop has new ceiling in main showroom, new lighting, new flooring, new kitchen counters, cabinets & refrigerator. Plan to see this wonderful investment property soon!