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$280,000 Just Listed
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Property Description
Excellent opportunity to acquire a versatile mixed-use property along Cleveland's Fleet Avenue corridor. This approximately 7,116-square-foot building features a substantial commercial footprint on the first floor (two possible units) with residential space above (two rented apartments currently @$800/mo), offering potential for an owner-user, investor, or entrepreneur with immediate income. The property established mixed-use configuration and LR zoning may accommodate a variety of potential uses, subject to verification by the buyer with the City of Cleveland. The property presents an opportunity to enhance its existing commercial and residential configuration and maximize its income-producing potential. The upper levels offer additional space that may provide future value through renovation, repositioning, or potential expansion of residential use, subject to all required approvals. The property is convenient with access to surrounding neighborhoods, major roadways, shopping, dining, and other amenities. The property is being sold as-is. Buyer and buyers agent are responsible for conducting independent due diligence regarding zoning, permitted uses, occupancy, building codes, permits, certificates of occupancy, and any required improvements or approvals. Taxes are accurate as per the county auditor's site.
Full Property Details
Full Property Details for 5425 Fleet Ave
General
- Price: $280,000
- Taxes: $3,533 (2025)
- Status: Active
- Type: Commercial Service
- Source: 505
- MLS ID: 5242264
- Updated: 9/3/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Food & Beverage
Parking
- Parking Features: Off Street, Parking Pad
Location
- County: Cuyahoga
- Township: Cleveland
- Driving Directions: Get on I-77 South from downtown (e.g., via Ontario St or Orange Ave).Follow I-77 South for a few minutes.T ake Exit 160 for Fleet Ave / Harvard Ave.T urn left onto Fleet Ave (heading east).Continue straight on Fleet Ave past E 49th St. Destination: 5425 Fleet Ave will be on your left, just past E 54th St.
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Basement: Yes
- Basement Desc.: Other
- Roof: Asphalt
- Year Built: 1890
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.119
- Lot Size: .119
- Lot Size Source: Assessor
- Zoning: Commercial
Financial Considerations
- Tax Amount: $3,533
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 316 STANLEY 0042 ALL
- Property ID: 131-35-042
Listed by RE/MAX Above & Beyond, Nicholas Hardy
Get Pre-Approved Today
Schools
Schools serving 5425 Fleet Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Mound Elementary School, Cleveland, OH 5935 Ackley Road, Cleveland, OH 44105 | PK-8 | 0.5 mi |
Albert Bushnell Hart 3900 East 75th Street, Cleveland, OH 44105 | K-8 | 0.9 mi |
Miles Park School 4090 East 93rd Street, Cleveland, OH 44105 | PK-8 | 1.6 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 7.3 mi |
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109 | 9-12 | 2.7 mi |
Jane Addams Business Careers High School 2373 East 30th Street, Cleveland, OH 44115 | 9-12 | 2.8 mi |
Campus International High School 3100 Chester Avenue, Cleveland, OH 44114 | 9-12 | 3.4 mi |
Warner Girls Leadership Academy 8315 Jeffries Avenue, Cleveland, OH 44105 | PK-8 | 1.7 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5425 Fleet Ave
Date
Details
Price
Change
Source
9/03/2026
Listed
$280,000
700%
MLS
3/19/2019
Sold
$35,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5425 Fleet Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,276
—
$22,050
80%
2023
$2,276
86%
$12,260
—
2022
$1,223
—
$12,260
—
2021
$1,226
22%
$12,250
27%
2020
$1,004
6%
$9,660
—
2019
$945
-66%
$9,660
—
2018
$2,805
-12%
$9,660
38%
2017
$3,176
346%
$7,010
—
2016
$712
—
$7,010
—
2015
$714
-19%
$7,010
-20%
2014
$881
—
$8,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5425 Fleet Ave
5425 Fleet Avenue, Loveland, OH 44105 (MLS# 5242264) is a Commercial Service property. 5425 Fleet Avenue is currently listed for $280,000 and was received on September 03, 2026. Want to learn more about 5425 Fleet Avenue? Do you have questions about finding other Commercial Service real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

