$1,500,000

801 Literary Road, Cleveland, OH 44113

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1913
  • Property Lot Size Icon1,982sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This is more than just a property, it's your next big move in Cleveland's iconic Tremont neighborhood. Located in the heart of all the action, this dynamic mixed-use building is primed for serious return on investment. Currently split into a trendy second floor apartment and a fully operating hair salon on the first, this space is ready to flex. With existing HVAC already split three ways, converting into three distinct residential units is a breeze. The salon on the main level is dialed in with six stations, a bathroom, and its own kitchen/lounge area. Want to maximize cash flow? With just a few tweaks, the rear of the salon can transform into a stylish one bedroom unit with a full kitchen, bath, and laundry. Upstairs, you'll find a gorgeous loft style apartment oozing with modern industrial vibes. Think high ceilings, sleek finishes, 3 bedrooms, 3 baths, a killer kitchen, laundry room, and a chill living space, it's the perfect blend of function and style. And it gets even better on the third floor, a luxurious primary suite with heated bathroom floors and jaw dropping views of downtown Cleveland from not one, not two, but three private balconies. Full lot in back comes with building. The numbers don't lie: the salon pulls in $2,892/month, and the apartment brings $3,914/month, both with built-in 3% annual rent increases. Whether you're a savvy investor looking for multi stream income or a house hacker aiming to live stylishly while your property helps pay for itself, this is your chance to get into Tremont while it's hot. Don't sleep on this, opportunities like this don't come around often. New Business taking over downstairs on January 1st, 2026 - more information in Private Remarks

Listing Status:
Active
Listing Office:
Berkshire Hathaway HomeServices Professional Realty : 440-822-6930
Listing Agent:
TJ House : 216-978-5632
MLS ID:
5162994
  • Basement: FullPartially FinishedStorage Space
  • A/C: Central Air
  • Heating: Forced AirFireplace(s)
  • Fireplace: GasFireplace
  • Parking: ConcreteParking spaces: 4
  • Roofing: AsphaltShingle
  • General: 2
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 87 SLADE 0130 EP004-16-071
  • Current Use: Commercial
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of TJ House, Berkshire Hathaway HomeServices Professional Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tremont Montessori School

2409 W 10th St, Cleveland, OH, 44113

Grades PK-8

0.25 miles away

T

Tremont Montessori School

2409 W 10th St, Cleveland, OH, 44113

Grades PK-8

0.25 miles away

L

Lincoln West School of Global Studies

3202 W 30th St, Cleveland, OH, 44109

Grades 9-12

1.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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