1560 Wagar Road Rocky River, OH $ 749,900
1560 Wagar Road
$ 749,900
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1560 Wagar Road

Rocky River, OH, 44116
$ 749,900
Bedrooms-- Baths--

Monthly Estimate*

$ 4,617

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Commercial Property for sale in Rocky River, OH

for $749,900. This building was built in 1956 on a lot size of 0.34.

Charming 4-Unit Investment Opportunity in Rocky River, Ohio Welcome to a fantastic multi-family investment in one of Northeast Ohio's most desirable suburban communities. This well maintained 4-unit apartment complex is perfectly situated near vibrant local amenities, strong schools, and easy access to major employment centers and I-90. Each of the four units offers: 2 bedrooms, 1 bathroom; spacious living areas and functional kitchens with in-unit laundry. Whether you're expanding your investment portfolio or looking for a stable cash-flow property, this 4-plex presents a solid opportunity with turnkey potential. Rocky River is a charming, affluent suburb located along the shores of Lake Erie, just west of Cleveland, known for its excellent public schools, welcoming and walkable neighborhoods and close proximity to beautiful riverfront parks, shopping, dining and cultural attractions. Beyond its current income stream, this property presents a compelling value-add or redevelopment opportunity. Preliminary concepts indicate the site may support up to 25 apartment units (approximately 20 two-bedroom units and 5 one-bedroom units).

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Commercial Active

Price

$ 749,900

Property Type

Commercial

Taxes

$ 13,168

Style

Lot Size

0.34

Year Built

1956

Town/City

Rocky River

County/Region

Cuyahoga

MLS | Web ID

5194325

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Wall/Window Unit(s)
Possession Delivery Of Deed
Roof Composition
Year Built 1956
Township Rocky River
Property Subtype Apartment
Tax Year 2025
County Cuyahoga
Property Type Commercial Sale
Attached Garage false
Garage Y/N true
Building Features Not Applicable
Status Active
Directions Between Westway Dr and Detroit Rd across from Rocky River High School
City Rocky River
Disclosures Principal is Real Estate Licensed
High School District Rocky River CSD - 1826
Zoning Description Commercial
Lot Size Units Acres
Tax Annual Amount 13168.36
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Rocky River CSD - 1826
Elementary School District Rocky River CSD - 1826
Year Built Source Public Records
Property Sub Type Additional Apartment
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Interior
Basement None
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Fencing None
Parking Features Additional Parking Asphalt Driveway Detached Garage Garage Door Opener Off Street
Water Source Public
Total Parking 6
Lot Size Area 0.34
Building Area Total 4402
Lot Size Acres 0.34
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Lisa A Mazzola

Listing Agent

Century 21 Wilbur Realty

Broker

lmazzolac21@gmail.com

Email

Affordability Calculator

$5,715
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,617
Monthly Property Taxes
$1,097
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4458075 Elementary School
4458032 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2026$749,900 Listed Price

Map


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1560 Wagar Road, Rocky River, OH, 44116 is a Commercial Property for sale at $749,900 with a lot size of 0.34. 1560 Wagar Road was built in 1956. The property's zip code is 44116 which is in Rocky River, OH