Cleveland Real Estate | Cleveland Properties between $1,000,000 and $1,500,000 for Sale

Rare turnkey hospitality opportunity in Cleveland's sought-after Duck Island. Flower on Freeman pairs a fully outfitted bar and entertainment concept with two furnished studio short-term rental units, offered as an asset purchase with liquor license included. The bar was built as a destination: custom back bar, marble bar top, banquette and vintage upholstered seating, cocktail tables, custom lighting, statement mural, original artwork, neon signage, sound system, and security cameras. The commercial kitchen is equipped with convection oven, induction burners, coolers, bar cooler, prep and mop sinks, three-compartment sink, ice bins, and ice machine. Both studios are furnished and guest-ready — kitchen appliances, cookware, beds, linens, towels, televisions, and laundry. Outdoor amenities include seating, high-top tables, planters, and patio heaters. Liquor license, FF&E, technology, and operating inventory convey. Step into an established concept rather than starting from the ground up.

2102 Freeman Avenue, Cleveland

$1,300,000

3 Beds ⋅ 4 Baths ⋅ 5235413 MLS

Experience an extraordinary level of luxury and scale in this spectacular penthouse at Cleveland’s iconic and historic Cloak Factory. Offering more than 4,000 square feet of sophisticated living space, soaring 25-foot ceilings, beautiful hardwood floors, expansive windows, and stunning views toward Lake Erie, this one-of-a-kind residence is truly unlike anything else in downtown Cleveland. A dramatic entry foyer welcomes you into an impressive great room designed for both everyday living and unforgettable entertaining. Original exposed brick, oversized picture windows, a striking fireplace, and an extraordinary 14-foot chandelier create an atmosphere that is both grand and inviting. The open European-inspired kitchen is perfectly integrated into the main living space and features an oversized center island with breakfast seating, quartz countertops, stainless steel appliances, and abundant workspace—ideal for entertaining guests or enjoying a quiet evening at home. The private bedroom wing offers exceptional separation and privacy, with each bedroom featuring its own en-suite bath. The owner's suite is a true retreat, complete with a private office, custom California Closet system, and an exceptional spa-like bathroom featuring high-end finishes and a private sauna. Additional highlights include a dedicated in-suite laundry room and an expansive private outdoor balcony where you can take in views of Lake Erie and the downtown skyline. The residence also includes two dedicated garage parking spaces and access to the building's fitness center. Located in the heart of downtown, within easy reach of the Flats, Progressive Field, Huntington Bank Field, restaurants, entertainment, nightlife, and everything that makes downtown living so appealing. With its extraordinary architecture, dramatic proportions, luxurious finishes, private outdoor space, and unbeatable location, this is far more than a condominium—it's a true downtown Cleveland statement residence.

635 W Lakeside Avenue Unit 600, Cleveland

$1,495,000

4 Beds ⋅ 6 Baths ⋅ 5216682 MLS

PHASE ONE IS NOW AVAILABLE! This exciting new SINGLE-FAMILY development in Cleveland's Tremont Area is one of the coveted neighborhoods in Cleveland. These unique custom 3 floor homes range from 4,370 sq ft - 5,075l sq ft which includes a finished basement, 4 to 5 bedrooms and 6 baths, elevator pent-house to the roof top deck patio, attached two car garage, heated driveway, space for additional off-street parking and city tax abatement. The elevator goes from the lower level to the roof top patio. There are three home styles to choose from, and all floor plans are interchangeable, the builder will be more than happy to accommodate changes per the buyer’s request. Construction has begun in phase one which consists of three lots. Now is the time to choose your lot, home style and floor plan. Local amenities within proximity include Westside Market, Lincoln Park and special park for pets, many renowned Iron Cheff Restaurants, coffee shops and art museums. You are just minutes away from Cleveland’s exciting east and west side of the flats, night clubs and fine dining restaurants, downtown's lakeshore entertainment, ALL manor sport arenas, ease of access to all major highways, and for all those who like to bike the towpath lane is at your front door.

2915 W 14th Street, Cleveland

$1,495,000

4 Beds ⋅ 6 Baths ⋅ 5216217 MLS

PHASE ONE IS NOW AVAILABLE! This exciting new SINGLE-FAMILY development in Cleveland's Tremont Area is one of the coveted neighborhoods in Cleveland. These unique custom 3 floor homes range from 4,370 sq ft - 5,075l sq ft which includes a finished basement, 4 to 5 bedrooms and 6 baths, elevator pent-house to the roof top deck patio, attached two car garage, heated driveway, space for additional off-street parking and city tax abatement. The elevator goes from the lower level to the roof top patio. There are three home styles to choose from, and all floor plans are interchangeable, the builder will be more than happy to accommodate changes per the buyer’s request. Construction has begun in phase one which consists of three lots. Now is the time to choose your lot, home style and floor plan. Local amenities within proximity include Westside Market, Lincoln Park and special park for pets, many renowned Iron Cheff Restaurants, coffee shops and art museums. You are just minutes away from Cleveland’s exciting east and west side of the flats, night clubs and fine dining restaurants, downtown's lakeshore entertainment, ALL manor sport arenas, ease of access to all major highways, and for all those who like to bike the towpath lane is at your front door.

2911 W 14th Street, Cleveland

$1,495,000

5 Beds ⋅ 5 Baths ⋅ 5213393 MLS

PHASE ONE IS NOW AVAILABLE! This exciting new SINGLE-FAMILY development in Cleveland's Tremont Area is one of the coveted neighborhoods in Cleveland. These unique custom 3 floor homes range from 4,370 sq ft - 5,075l sq ft which includes a finished basement, 4 to 5 bedrooms and 6 baths, elevator pent-house to the roof top deck patio, attached two car garage, heated driveway, space for additional off-street parking and city tax abatement. The elevator goes from the lower level to the roof top patio. There are three home styles to choose from, and all floor plans are interchangeable, the builder will be more than happy to accommodate changes per the buyer’s request. Construction has begun in phase one which consists of three lots. Now is the time to choose your lot, home style and floor plan. Local amenities within proximity include Westside Market, Lincoln Park and special park for pets, many renowned Iron Cheff Restaurants, coffee shops and art museums. You are just minutes away from Cleveland’s exciting east and west side of the flats, night clubs and fine dining restaurants, downtown's lakeshore entertainment, ALL manor sport arenas, ease of access to all major highways, and for all those who like to bike the towpath lane is at your front door.

2905 W 14th Street, Cleveland

$1,100,000

5216109 MLS

Investment Opportunity ? Historic Downtown Cleveland Building Rare opportunity to own an impressive fully remodeled historic building offering nearly 11,000 sq. ft. in a prime downtown Cleveland location. This income-producing property features its own private parking lot, a valuable amenity for tenants and visitors alike. Currently generating approximately $6,000 per month in rental income, with an additional vacant unit offering the potential to increase income to approximately $7,600 per month. With further leasing and optimization, the property presents a potential income opportunity approaching $10,000 per month. A perfect opportunity for investors seeking strong cash flow, owner-users looking to offset occupancy costs, or those wanting to add a landmark property to their portfolio. Prime location, updated condition, multiple income streams, and significant upside potential make this a standout offering.Schedule your private showing today and explore the possibilities this exceptional downtown asset has to offer.

3348 St Clair Avenue NE, Cleveland

$1,100,000

5210551 MLS

Aqua Clean Car Wash is a turnkey car wash opportunity! Built in 2011 in the city of Cleveland (Cuyahoga County). A fully operational, income-generating car wash positioned in a prime location on a busy, high-traffic, signalized corner lot location w/access on both Lake Shore Blvd &E. 156th St. This comprehensive car wash sits on a large 0.62 acre corner lot. Showcasing 1 automatic bay: 1 Soft Touch/Cloth Automatic Bay (Belanger Freestyler Rollover) The site has the existing infrastructure to be a tunnel carwash if desired (extra deep carwash pits & conveyor concrete). Addl 4 self-service bays. Payment Systems accept cash, credit cards & tokens across the bays. The 2026 Technology Upgrade includes a newly installed high-end Point of Sale (POS) system supporting all modern contactless payments, mobile wallets & encrypted credit transactions. Support Equipment features dual-motor vacuums & typically includes a fragrance/scent machine. Moreover, this site has an extra-large equipment room w/a roll-up door in the back and is designed to handle a detailing operation to expand (additional opportunity for potential buyers). Open 24 hours. Strategic Location: Traffic Counts: Lake Shore Blvd: High visibility with 13,500 - 14,000 vehicles per day. E. 156th St: Approx 2,500 vehicles per day. Surrounding Retail: Neighboring drivers include Walgreens (directly adjacent), AutoZone, Family Dollar, KFC, Georgio's Pizza & near Euclid Beach State Park. Parcel #: 113-13-025. Utilities: public water/sewer, forced air, radiant & space heater. Operations are supported by advanced automation and lean payroll requirements, making this a strong fit for both owner-operators & investors seeking a semi-absentee model. With no major capital investments required, this turnkey facility is fully updated, income-producing & well-positioned for long-term growth in a busy commercial area.

15610 Lake Shore Boulevard, Cleveland

$1,025,000

5209202 MLS

18911 Bella Drive presents a mostly renovated 12-unit multifamily asset with significant capital improvements already completed. Ownership has renovated 8 of 12 units over the past two years, achieving strong rent growth while maintaining stable occupancy. Unit mix is SIX 2bed/1bath ave rent $1000/month; SIX 1bed/1bath ave $800/month The property has undergone full lead abatement and holds a 20-year lead-free certification, significantly reducing regulatory risk. Additional recent capital improvements include a new roof, updated entry doors, renovated laundry rooms, and upgraded mechanical systems. This offering represents a rare opportunity to acquire a largely de-risked, near-stabilized asset with in-place income and remaining upside by increasing rents to market, maximizing an 8% CAP

18911 Bella Drive, Cleveland

$1,300,000

5192233 MLS

"The Hodge" School building converted to a 37 unit loft style apartment building. Each unit features dedicated furnace and hot water tanks reducing the buildings overall operating expenses. Ideal for investors seeking stable cash flow with room for value add improvements.

1075 E 74th Street, Cleveland

$1,450,000

5167839 MLS

21-unit apartment complex located just south of Shaker Square, offering a mix of 11 spacious one-bedroom units (approximately 660 sq. ft.) and 10 efficient studio apartments (approximately 500 sq. ft.). Each apartment features Forced-air heating for comfortable year-round living, Electric stoves and practical kitchen layouts, Access to on-site laundry facilities for added convenience. The property includes a covered garage with parking for 12 vehicles, providing secure and weather-protected spaces for residents. New flat roof recently installed for low maintenance and long-term durability Convenient location near public transit, dining, and shopping in the Shaker Square area. This property offers a great balance of comfort, efficiency, and location ideal for tenants seeking affordable, well-kept apartments in a desirable neighborhood.

2812 E 130th Street, Cleveland

$1,500,000

5162994 MLS

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

801 Literary Road, Cleveland

$1,000,000

5111281 MLS

This well-maintained medical building is currently owned by a private physician, with their surgery center operating on-site. The owner may be interested in remaining as a tenant. Ideal for physicians looking to establish their practice in a medical space while also benefiting from property ownership as a secondary income stream. The building boasts a 70 to 80% occupancy rate, ensuring strong income potential from day one. A small music studio and a nurse training organization -majority medical occupy. Located in a rapidly developing commercial area, this property presents an excellent investment opportunity in a thriving market.

464 Richmond Road, Cleveland

Cleveland Properties between $1,000,000 and $1,500,000 for Sale

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