37931 Vine Street, Willoughby Hills, OH 44094 | MLS ID 5190174

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37931 Vine Street, Willoughby Hills, OH 44094 | MLS ID 5190174 - Hardcastle Realty

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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.

Information

Address:
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37931 Vine Street
Willoughby Hills, OH 44094

Bedrooms: 5

Bathrooms: 4 full 3 partial

Subdivision: Merchants Park

Area/School Dist: Willoughby

MLS ID: 5190174

Status: Active

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Features

Taxes: $10,916 / year
Basement: Yes
Roof Type: Asphalt,Fiberglass
Exterior: Brick
Lot Size: 0.45 Acres
Heating: Forced Air,Gas
Cooling: Central Air
Year Built: 1981
Water: Public
Sewer: Public Sewer
Stories: 2.0
Basement: Full
Parking: Driveway
Parcel#: 27-B-036-0-00-020-0

School Information

School District: Willoughby-Eastlake - 4309

Mortgage Information

Agency/Agent Information

Shown By:
  Agency Name: Hardcastle Realty
  Agency Phone:

Listed By
   Berkshire Hathaway HomeServices Professional Realty
  Agency Phone: 216-970-0164

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/14/2026. The listing information on this page last changed on 04/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/14/2026 6:06:28 AM EST) or MLS NOW (last updated Tue 04/14/2026 12:17:30 AM EST). Real estate listings held by brokerage firms other than Hardcastle Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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