USAOHWilloughbyMerchants Park37931 Vine St

37931 Vine St, Willoughby, OH

Name: 37931 Vine St, For Sale in Willoughby - eXp Realty
Brand: Berkshire Hathaway HomeServices Professional Realty
SKU: 5190238
Price: 995000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$995,000

000

MLS® 5190238

Key Facts
Description
Map

Key Facts

Type Mixed Use

Levels Commercial Sale

Size -

Garage Yes

HOA Fees

Taxes $10,916

Days Active 0

Approx. Age 1981

MLS® Number 5190238

Property Address: 37931 Vine St, Willoughby, OH, 44094-6258

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional mixed-use investment opportunity in the heart of downtown Willoughby. This historically maintained brick triplex combined with a 7, 200 square foot commercial building offers stabilized residential income, flexible commercial space, and a custom-built luxury residential loft all situated on one parcel with ample off-street parking.The front brick triplex is fully leased and features three updated units with rental history. Unit 1 offers two bedrooms, one bath, an updated kitchen and bath, and in-suite laundry, currently rented for $1, 450 per month. Unit 2 is a fully updated one-bedroom, one-bath unit rented for $1, 200 per month. Unit 3 is a fully updated one-bedroom, one-bath unit rented for $1, 300 per month. Current gross residential income is $3, 950 per month, or $47, 400 annually. All new HVAC systems and hot water tanks. The rear 7, 200 square foot building offers outstanding flexibility. The lower level is currently operating as a furniture upholstery business and includes warehouse space, a private office, gym area, two oversized garage areas with doors, a bathroom, and laundry. Seller would prefer to lease back the lower-level commercial space, presenting the opportunity for immediate stabilized commercial income. Above the commercial space is a stunning 1, 650 square foot custom residential loft featuring high-end finishes, an open-concept layout, laundry, and a spacious rooftop deck overlooking downtown Willoughby. This property is ideal for investors seeking diversified income, an owner-operator looking to live above their business, or a buyer seeking long-term value in one of Lake County’s most vibrant and walkable downtown districts. A rare opportunity to own a fully occupied mixed-use asset in a premier location.

MLS® Number5190238

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1981

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 2, 2026List Date

$995,000List Price

Commute

Commute

Starting Address

Destination Address

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