37931 Vine Street • Willoughby, OH 44094

$995,000 Beds: 0 • Baths:Sq. Feet: 0 • MLS ID: 5190238 • Subdivision: Merchants Park • School Dist: Willoughby-Eastlake - 4309
  • Shown By

  • Agency Name: Hardcastle Realty
  • Agency Phone:
  • Listed By

  • Berkshire Hathaway HomeServices Professional Realty
  • Agency Phone: 216-970-0164
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. View this listing at: http://www.hardcastlerealty.com/lid=184887062

Property Features

  • Taxes: $10,916 / year
  • Basement: Yes
  • Lot Size: 0.45 Acres
  • Heating: Forced Air,Gas
  • Cooling: Central Air,Ceiling Fan(s)
  • Year Built: 1981
  • Water: Public
  • Sewer: Public Sewer
  • Basement: Partial
  • Parking: Attached,Driveway,Garage
  • Parcel#: 27-B-036-0-00-020-0

School Information

  • School District: Willoughby-Eastlake - 4309
Printed April 14, 2026


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.
IDX logo
© MLS Now, INC - Northern Ohio Regional Multiple
Listing data compilation and photo(s) © 2026 - Multiple Listing Service, Inc. – All Rights Reserved
The photos may be altered, edited, enhanced or virtually staged.

Privacy Policy / DMCA Notice / ADA Accessibility

Agency License Information: This Brokerage is licensed in the State of Ohio.