• Resources
    • Learning Center
    • Blog
Add a Listing Advertise
  • Property Lists
  • Listings
    • Commercial Real Estate
  • Comparables
  • Owners
  • Maps
  1. Commercial Properties
  2. OH
  3. Cleveland
  • Details
  • Contacts
  • Location
  • POI
For Sale

Two-building mixed-use property

18515 Underwood Ave, Cleveland, OH 44119

Located in Cleveland's North Collinwood neighborhood on the city's east side, 18515 Underwood Avenue offers direct access to Interstate 90 within approximately one minute — providing a quick connection to downtown Cleveland (approximately 9–10 miles west) as well as the eastern suburbs of Euclid, Willowick, and beyond. The property sits steps from Lakeshore Boulevard, the primary east-west arterial along Cleveland's lakefront, and within a short drive of major arterials including Neff Road (104,112 VPD) and Villaview Road (17,215 VPD). North Collinwood is an established residential and commercial corridor combining single-family housing, professional office, and small commercial uses, supported by ongoing investment along the Lakeshore corridor and proximity to Cleveland's core. Cleveland Lakefront Station is a 16-minute drive; Cleveland-Hopkins International Airport is approximately 35 minutes.18515 Underwood Avenue is a fully renovated mixed-use property comprising two buildings on a single parcel in Cleveland's North Collinwood neighborhood. The property totals ±4,350 GSF and is offered for sale at $315,000. 18519 Underwood is a two-story multi-tenant office building with ±2,800 GSF spread across the main floor and lower level, configured with 10 individual offices, a shared kitchen on the main floor, and a shared conference room on the lower level. Five offices are currently leased on gross terms; five remain available at published asking rates. 18515 Underwood is a separate fully renovated single-tenant building with ±1,550 GSF across the first and second floors. Most recently rented at $2,550 per month, it is currently vacant and offers flexibility for use as a residential rental, professional office, or medical/clinic operation under Residence-Office District zoning. The property is positioned for either an owner-operator who occupies one building while collecting income from the other, or an investor seeking a turnkey cash-flowing asset with lease-up upside. Sold together with 13–15 on-site surface parking spaces.

Key features

  • ±4,350 total GSF across both buildings on 0.25 acres
  • 13–15 on-site surface parking spaces (10–12 rear + 3 front)
  • 18515: fully renovated flexible single-tenant building, currently vacant — last rented at $2,550/month
  • 18519 amenities: shared kitchen on main floor, shared conference room on lower level
  • 18519: 10-office multi-tenant office building with 5 tenants in place on gross leases
  • Direct I-90 on-ramp within approximately one minute
  • Five additional offices available at published rates for immediate lease-up upside
  • Owner-operator or investor structure — flexible use across both buildings
  • Residence-Office District zoning supports residential, professional office, and medical/clinic uses
  • Strong area traffic counts: Neff Rd 104K+ VPD, Villaview 17K+ VPD
  • Top-to-bottom renovation completed 2024: new HVAC (2023/2024), 200-amp electrical, plumbing, and roof
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

False

Contacts

broker
Kas Filippova

eXp Commercial

Building Details

  • For Sale $315,000
  • Property Type Office - General Office
  • Property Size 5,668 SF
  • Units 10
  • Lot Size 0.25 Acre
  • Building Class C
  • Year Built 1930
  • Year Renovated 2024
  • Date Updated May 11, 2026

Getting Around

  • Walk Score ®

    Somewhat Walkable (66)
  • Transit Score ®

    Some Transit (41)
  • Bike Score ®

    Somewhat Bikeable (46)
Powered by Walk Score ®

Location

  • City Cleveland, OH
  • Neighborhood North Collinwood
  • Zip Code 44119
  • Market Cleveland Akron
  • Map
  • Street

Points of Interest

Superior

4.51 miles

Coventry

6.93 miles

Buckeye–Woodhill

7.63 miles

Warrensville–Van Aken

7.91 miles

East 79th

8.14 miles

South Harbor

8.71 miles

East 55th

8.71 miles

East 9th–North Coast

9.06 miles

Cleveland Amtrak

9.19 miles

Marathon

0.23 miles

Shell

0.26 miles

Speedway

0.30 miles

Gas and Go

1.50 miles

British Petroleum

1.68 miles

Leviton

4.64 miles

ChargePoint

5.98 miles

Tesla Destination Charger

5.98 miles

eVgo

6.93 miles

Recreation Center parking

4.56 miles

Municipal Lot 11

4.65 miles

Municipal Lot 10

5.06 miles

Municipal Deck 20C

5.09 miles

Municipal Lot 3

5.09 miles

Municipal Lot 24

5.12 miles

Municipal Lot 20

5.13 miles

Boat Trailer Parking

5.14 miles

Municipal Lot 13

5.14 miles

Precision Auto Wash

1.26 miles

Wash Works

1.45 miles

Meticulous Car Wash & Detail

2.65 miles

Mobil Car Wash

3.21 miles

Enterprise

3.86 miles

BP

4.11 miles

Clean Express Auto Wash

4.31 miles

Willow Wash

4.87 miles

Waterway Express

5.44 miles

Gus's Diner 185

0.40 miles

The Standard

0.43 miles

Hollands

0.46 miles

KFC Chicken

0.51 miles

Sandy's

0.52 miles

Irie Jamaican Kitchen

0.75 miles

Fresh Catch Seafood

0.83 miles

Mr. Hero

0.94 miles

Sakura

0.95 miles

Burlington

2.31 miles

ALDI

2.34 miles

Simon's Supermarket

2.38 miles

Dave's Market

2.44 miles

Marc's

2.63 miles

TJ Maxx

5.07 miles

University Square

5.55 miles

Macy's

5.55 miles

Target

5.56 miles

Rite Aid

1.00 miles

Walgreens

1.01 miles

University Hospitals Euclid Health Center

1.18 miles

Euclid Police Mini-station

1.22 miles

Cleveland Clinic Health Center

1.22 miles

Cleveland Clinic - Euclid Hospital

1.23 miles

Seeley Medical

1.31 miles

Cleveland Clinic Rehabilitation Center

1.32 miles

Euclid Fire Department

1.51 miles

18515 Underwood Ave Listing Summary

  • What is the asking price at Two-building mixed-use property?

    Two-building mixed-use property is currently listed for sale at Contact for pricing.

  • What is the total size of Two-building mixed-use property?

    Two-building mixed-use property has a total of 5,668 square feet.

  • What is the year built for Two-building mixed-use property?

    The year built for Two-building mixed-use property is 1930.

Contact Listing Broker
broker
Kas Filippova

eXp Commercial

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Nearby Listings

1440 Dille Rd, Euclid, OH 44117

1440 Dille Rd, Euclid, OH 44117

1440 Dille Road, Euclid, OH
$350,000
Property
  • Office
  • 11,340 SF
24701 Euclid Avenue

24701 Euclid Avenue

24701 Euclid Avenue, Euclid, OH
Contact for pricing
Property
  • Office
  • 61,481 SF
Nela Park - 1975 Noble Rd

Nela Park - 1975 Noble Rd

1975 Noble Road, Cleveland, OH
Contact for pricing
Property
  • Office
  • 1,072,296 SF
2860 Noble Road

2860 Noble Road

2860 Noble Road, Cleveland, OH
$275,000
Property
  • Office
  • 1,027 SF
For Sale / for Lease Opportunity

For Sale / for Lease Opportunity

4568 Mayfield Rd, South Euclid, OH
Contact for pricing
Property
  • Office
  • 18,864 SF

Popular Searches

  • Cleveland Office Properties for Sale
  • Akron Office Properties for Sale
  • Detroit Office Properties for Sale
  • Toledo Office Properties for Sale
  • Twinsburg Office Properties for Sale
  • Detroit Commercial Real Estate
  • Cleveland Commercial Real Estate
  • Toledo Commercial Real Estate
  • Akron Commercial Real Estate
  • Canton Commercial Real Estate
  • Avon Commercial Real Estate
  • Twinsburg Commercial Real Estate
  • Strongsville Commercial Real Estate
  • Bedford Commercial Real Estate
  • North Olmsted Commercial Real Estate
Copyright 2003-2026, PropertyShark.com
Contact Us  |  About  |  Privacy Policy  |  Terms Of Service  |  Sitemaps