37931 Vine Street, Willoughby, OH 44094 (MLS # 5190238)

Photo for 37931 Vine Street, Willoughby, OH 44094 (MLS # 5190238)

Price	$995,000
Status	Active
Size	n/a
Lot Size	19,550 sqft
Days on Market	2

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.

Tiny photo for 37931 Vine Street, Willoughby, OH 44094 (MLS # 5190238)

Property Type(s): Commercial

Last Updated	3/2/2026	Tract	Merchants Park
Year Built	1981	County	Lake

Additional Details

AIR	Ceiling Fan(s), Central Air
AIR CONDITIONING	Yes
BASEMENT	Partial, Yes
GARAGE	Attached Garage, Yes
HEAT	Forced Air, Natural Gas
LOT	0.4488 acre(s)
PARKING	Attached, Driveway, Garage
SEWER	Public Sewer
SUBDIVISION	Merchants Park
TAXES	10916
WATER	Public
ZONING	Commercial

Location

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Listing provided by: Julie A Marous | 440-479-4681, Berkshire Hathaway HomeServices Professional Realty, juliemarous@bhhspro.com, 440-479-4681

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