Commercial Real Estate for Sale at 801 Literary Road in Cleveland, OH for $1,500,000

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801 Literary Road | Cleveland

$1,500,000 | 0.0 Sq. Ft.

This is more than just a property, it\u0027s your next big move in Cleveland\u0027s 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\u0027ll 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\u0027s 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\u0027t 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\u0027re 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\u0027s hot. Don\u0027t sleep on this, opportunities like this don\u0027t come around often. New Business taking over downstairs on January 1st, 2026 - more information in Private Remarks MLSNow 5162994

Directions to property: Located at the section of professor ave and Literary rd, across from Barrio Tacos.

MLS Listing ID: 
MLSNow 5162994
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,500,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Retail
Primary Market Area: 
Cleveland
Address: 
801 Literary Road, Cleveland, OH 44113
County: 
Cuyahoga
Latitude: 
41.4819288
Longitude: 
-81.6860080
Directions: 
Located at the section of professor ave and Literary rd, across from Barrio Tacos.
Public Remarks: 
This is more than just a property, it\u0027s your next big move in Cleveland\u0027s 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\u0027ll 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\u0027s 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\u0027t 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\u0027re 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\u0027s hot. Don\u0027t sleep on this, opportunities like this don\u0027t come around often. New Business taking over downstairs on January 1st, 2026 - more information in Private Remarks
Community Information
School District: 
Cleveland Municipal - 1809
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1913
Living Area: 
0.0
Basement: 
Full,Partially Finished,Storage Space
Construction
Roof: 
Asphalt,Shingle
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Fireplace(s)
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.05
Lot Size (Area): 
0.05
Lot Features
Parking Type: 
Concrete
Total Parking Spaces: 
4
Public Record
Parcel Number: 
004-16-071
Annual Tax: 
$24,708.28
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
TJ House
Listing Office Name: 
Berkshire Hathaway HomeServices Professional Realt

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