All Forum Posts by: Ashley W.

Mixed-Use Property for Sale in Cleveland

Overview:
This versatile mixed-use property in Cleveland presents a unique investment opportunity. The ground floor, previously operating as a daycare center, is fully permitted and zoned for childcare services. This space is ready for you to restart the daycare business with minimal effort, or it can be adapted for another business venture. One of the owners, a seasoned daycare operator, is available to assist you in setting up and securing government subsidies.

Property Features:

Ground Floor:
- Former daycare center with all necessary permits and zoning
- Light cosmetic renovations needed for business restart
- Potential for other business uses

Upper Floor:
- Two apartment units: a 3-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit
- Both units require complete rehabilitation
- Excellent potential due to proximity to a residential neighborhood

Investment Highlights:
- Established location with daycare infrastructure in place
- Opportunity for immediate business operations with expert guidance
- Potential for rental income from two apartment units after renovation
- Prime location near a residential area, enhancing demand for both commercial and residential spaces

This property offers a rare combination of commercial and residential possibilities, making it an ideal investment for entrepreneurs and developers. Contact me to explore this exceptional opportunity and unlock its full potential.
Serious Inquiries Only

Hi @Egheosa Igbinoba, how are your properties in East Cleveland doing? I'm looking in the area myself.

Congrats!

There is actually a map on the city of Miami Beach's website that lets you know which areas are ok for airbnb. Also certain buildings specify that as well.

My broker is very good and doesn't charge fees. You will start off with a 70/30 split (70 to you) and you earn higher commissions once you've done a number of sales.

He also holds weekly training courses on the ins and out of real estate transactions. Some are actually useful information.

Looking him up: Elite Ocean View Realty. Teo is the owner. 

Send me a message if you want his email address.

Good luck!

I would say the number one questions to ask them is if they work with investors or are investors themselves

Get a realtor that is hud approved to forward you listings from them. You might be able to find a great deal via hud.

Ps - I am HUD approved

North Miami Beach is a growing market depending on where you are. There are some seedy areas you might want to avoid.

A rule of thumb is to try to stay east of 95

I would reach out to a local realtor to find out if your place is in demand and what the rent would be. 

It might be better to get rid of the problem tenant and put a better one in

Just my two cents

Congrats!